Veegaland Developers Ltd - IPO

Veegaland Developers Ltd IPO Details

Initial public offering of up to [*] 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 [*] per equity share (including a share premium of Rs.[*] per equity share) (issue price) aggregating up to Rs. 250.00 crores (the issue). The issue will constitute [*]% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs.10/- each and the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.

Objective of issue

Funding a part of the expense to be incurred in the development of its Ongoing Projects and Upcoming Projects. Acquisition of identified land parcel for development of residential real estate projects. General corporate purposes.

Veegaland Developers Ltd Contact Details

Veegaland Developers Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@veegaland.in

Website - www.veegaland.com