01 Jan 2026 | 5 Mins Read
Veegaland files draft IPO papers with SEBI for Rs 250 crore
Flipitmoney
Veegaland Developers, part of the V-Guard group, filed draft IPO papers with SEBI to raise Rs 250 crore, with funds used for ongoing and upcoming project development, land acquisitions, and general corporate purposes. The company plans Rs 111.60 crore for ongoing project costs and Rs 18.49 crore for land purchases, catering to mid-premium to ultra-luxury segments in Kerala.