Kochi, Jan. 3 -- : Veegaland Developers Limited, a real estate arm of the V-Guard Group, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO).
The Kerala-based company focuses on the development and sale of multi-storeyed residential apartment projects, spanning mid-premium, premium, ultra-premium, luxe, and ultra-luxury housing segments.
Citing an ICRA report dated December 8, 2025, the DRHP stated that Veegaland Developers is Kerala's fastest-selling real estate developer and is among the well-recognised residential developers in the state.
The proposed IPO consists entirely of a fresh issue of equity shares worth up to Rs 2,...