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Veegaland can allocate up to 35% of gross IPO proceeds to unidentified land purchases and corporate purposes, after acquiring land worth Rs 118.38 crore in Fiscal 2026.
Veegaland reported Rs 74.26 crore of operating cash outflow in Fiscal 2026, extending a second consecutive deficit despite increased profit before tax.
Veegaland Developers used Rs 74.26 crore in FY26 operating activities despite Rs 26.61 crore profit, as inventory and customer-related assets expanded.
Veegaland Developers Limited reduced its debt-equity ratio to 0.32 from 2.70 as a Rs 175 crore rights issue lifted total equity to Rs 260.90 crore.
Kochouseph Thomas and K. Chittilappilly Trust held 92.00% pre-IPO, after family-share consolidation, gifts to public holders and a 2025 bonus issue.
Vegaland Developers Limited reported Rs 53.79 crore of unsecured current debt, 62.85% of borrowings, although its two overdrafts had fixed-deposit support at March 31, 2026.
Veegaland sold 100% of completed-project area and 63.62% of ongoing saleable area, excluding landowner allocations, by June 30, 2026.
Veegaland plans Rs 119.8254 crore for eight projects, including Green Heights, which was 99.29% sold but only 50.56% constructed on disclosed dates.
Kochi boutique-flat sales value is projected to reach Rs 1,560 crore in FY2032F, more than double FY2026’s Rs 680 crore, despite 92 new 3-BHK units in CY2025.
Veegaland funded 99.24% of FY25 borrowings through related parties, totalling Rs 175.6206 crore, before repaying the disclosed loans in FY26.
The Company bought its Kochi headquarters building from K Chittilappilly Foundation for Rs 18 crore after an independent valuation of Rs 18.10 crore.
Kochouseph Thomas Chittilappilly’s irrevocable trust holds 24.74% of the company, taking combined promoter ownership with Chittilappilly to 92.00% before the issue.
Kheria Autocomp plans to lift moulding capacity 44.44% to 7,800 MT after its FY26 Sanand plant operated at 93.73% utilisation.
Kheria family holders own 100% before the IPO, but 45,98,400 new shares would reduce their combined stake to about 70.99% after allotment.
Kheria Autocomp’s FY26 net investing outflow was Rs 26.64 crore, exceeding Rs 26.03 crore of operating cash flow as borrowings reached Rs 35.03 crore.
Indian EV sales climbed from 50,000 units in FY2021 to 2.55 million in FY2026, increasing demand for batteries, electronics and lightweight components.