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IPO Synopsis

Veegaland Developers Ltd
  • Registered Office: XXXV/564 4th Floor KCF Tower,Bharat Matha College Rd Kakka., Ernakulam - 682021, Kerala, India.
  • Phone : +91 484258 4000   Fax:
  • Email : cs@veegaland.in
  • Website :www.veegaland.com
Initial public offering of up to 15,000,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Veegaland Developers Limited ("The Company" or the "Issuer") for cash at a price of Rs.140 per equity share (including a share premium of Rs. 130 per equity share) ("Issue Price") aggregating up to Rs. 210.00 Crores ("The Issue"). The issue will constitute [*]% of the post-issue paid-up equity share capital of the company. Price Band: Rs. 130 to Rs. 140 per equity share of face value of Rs. 10 each. The floor price and the cap price are 13 times and 14 times the face value of the equity shares, respectively. Bids can be made for a minimum of 107 equity shares of face value of Rs. 10 each and in multiples of 107 equity shares of face value of Rs. 10 each thereafter.
Issue
Opens On Closes On
10-Sep-26 15-Sep-26
Money Payable On
Application Allotment
130.00 0.00
Minimum Application for shares in Nos : 107 Further Multiples of : 107
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Cumulative Capital Private Limited
Project Financed through Current Offer (.Cr) 210.00  
Post Issue Equity Share Capital (.Cr) 48.75
Issue Price () 130.00
Projects
Funding a part of the expense to be incurred in the development of its Ongoing Projects
Funding unidentified acquisition of land and general corporate purposes
General corporate purposes
Promoted By
Kochouseph Thomas Chittilappil
K. Chittilappilly Trust
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd
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