Vidhigya Associates acts for Veegaland Developers on ₹210 crore IPO

Vidhigya Associates acted as sole legal counsel to Veegaland Developers Limited (“Veegaland”), in connection with its Initial Public Offering comprising a fresh issue of 1,50,00,000 equity shares (the “Transaction”). The Transaction aggregated to ₹210 crore.

Veegaland is a real estate development company engaged in the planning, development and sale of multi-storied residential apartment projects in Kerala, operating across the mid-premium, premium, ultra-premium, luxe-series and ultra-luxury residential segments under the brand name Veegaland Homes, with projects in Kochi, Thiruvananthapuram, Kozhikode and Thrissur.

The Transaction team was led by Rahul Pandey (Managing Partner), and consisted of Vedang Mehta (Associate Partner) and Yash Kothari (Executive).