Veegaland Developers Ltd

Veegaland Developers Limited was originally incorporated as Vintes Solutions Private Limited', a private limited company dated August 10, 2007. Subsequently, the name of Company was changed from Vintes Solutions Private Limited' to Vintes Developers Private Limited' on October 22, 2010 and to Veegaland Developers Private Limited' dated August 11, 2011 and upon the conversion of Company to a public limited, it has changed to Veegaland Developers Limited' and a fresh certificate of incorporation dated November 6, 2025 is issued by Central Processing Centre. Veegaland Developers is real estate developer engaged in the field of construction, development, sales, management and operation of residential projects. The projects are developed across mid-premium, premium, ultrapremium, luxe-series and ultra-luxury residential segments and have been implemented in accordance with the applicable provision of RERA. Apart from this, Company operate under the brand name Veegaland Homes' and has undertaken projects in Kochi, Thiruvananthapuram, Kozhikode and Thrissur in the state of Kerala, India. The Company form part of the broader V-Guard Group', which traces its origins to 1977, when the Promoter, Kochouseph T. Chittilappilly, established V-Guard Industries for the manufacture of voltage stabilisers. Over the decades, the Group has evolved into a diversified business ecosystem with interests spanning consumer electricals through V-Guard Industries Limited', entertainment through Wonderla Holidays Limited' and fashion and apparel through V-Star Creations Private Limited'. The Group undertakes philanthropic, healthcare and wellness activities through the K Chittilappilly Foundation' and Chittilappilly Square', operated under the K. Chittilappilly Trust'. As part of diversification strategy of the said Group, Company was incorporated in 2007 and it entered the real estate development sector in 2011 upon commencing the residential operations to real estate. Thereafter, the Company commenced the business activities in 2011 with the receipt of first building permit for Green Clouds', a multi-storey apartment in Kochi, Kerala positioned under the ultra-luxury segment. Thereafter, it expanded operations within Kochi and subsequently into other cities in Kerala, including Thiruvananthapuram, Kozhikode and Thrissur, by undertaking residential apartment developments of varying scales and configurations. Company has filed a Draft Red Herring Prospectus with SEBI & is planning to raise funds via IPO aggregating to Rs 250 crore through fresh issue.