Vegorama Punjabi Angithi IPO
GMP, Subscription, Price, Dates & Financial Details
Hotel, Resort & Restaurants
Vegorama Punjabi Angithi Limited – Company OverviewIncorporated: March 2022 Industry: Food and Beverage (Restaurant & QSR Segment) Brand: Punjabi AngithiVegorama Punjabi Angithi Limited is a rapidly growing company in the food and beverage sector, primarily operating a chain of restaurants…
Open Date
Wed, 20 May 2026
Close Date
Fri, 22 May 2026
Price Band
₹ 73 – 77
Lot Size
1600
Issue Size
₹ 38.00 Cr
Minimum Investment
₹ 246,400 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Vegorama Punjabi Angithi IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹38 Crore, comprising a fresh issue of 37.36 Lakh equity shares aggregating to ₹29.00 Crore and an offer for sale (OFS) of 9.97 Lakh equity shares aggregating to ₹10.00 Crore by the existing shareholders.
The Vegorama Punjabi Angithi IPO remained open for subscription from May 20, 2026, to May 22, 2026. The basis of allotment was finalized on May 25, 2026, and the company's shares were listed on BSE SME Platform on May 27, 2026.
The company had fixed the price band at ₹73 to ₹77 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹246,400 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Corporate Makers Capital Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Vegorama Punjabi Angithi Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Vegorama Punjabi Angithi IPO Timeline (Tentative)
- IPO Open Date
- Wed, 20 May 26
- IPO Close Date
- Fri, 22 May 26
- Basis of Allotment
- Mon, 25 May 26
- Initiation of Refunds
- Tue, 26 May 26
- Credit of Shares to Demat
- Tue, 26 May 26
- Listing Date
- Wed, 27 May 26 — NSE & BSE
Open Date
20 May 2026
Close Date
22 May 2026
Basis Of Allotment
25 May 2026
Listing Date
27 May 2026
IPO Subscription
Check Live Subscription →The Vegorama Punjabi Angithi IPO has received bids for 11,68,38,400 shares against 33,16,800 shares offered, resulting in an overall subscription of 35.23x. the NII category is subscribed 64.28x, Retail Investors 27.79x, and QIBs 26.46x. Within the NII category, BNII is subscribed 78.03x, while SNII is subscribed 36.79x.
QIB
26.46x
NII
64.28x
BNII
78.03x
SNII
36.79x
RII
27.79x
Total
35.23x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,57,600 shares, representing 49.98% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,48,800 shares (28.61%), while Non-Institutional Investors (NIIs) receive 7,10,400 shares (21.42%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 948,800 | 28.61% |
| Non-Institutional | 710,400 | 21.42% |
| BNII | 473,600 | 14.28% |
| SNII | 236,800 | 7.14% |
| Retail Investors | 1,657,600 | 49.98% |
| Total | 3,316,800 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 31.81 | 24.77 | 18.35 | 5.59 |
| Revenue | 105.35 | 102.06 | 66.37 | 16.91 |
| Profit After Tax | 9.04 | 8.22 | 4.64 | 0.84 |
| Net Worth | 23.37 | 14.34 | 6.12 | 1.47 |
| Reserve & Surplus | 10.75 | 14.29 | 6.07 | 1.42 |
| Total Borrowings | 3.62 | 5.05 | 4 | 0.23 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Vegorama Punjabi Angithi Limited KPI Information
| Particular | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 47.93 | 80.39 | 122.32 | 56.72 |
| ROCE % | 53.73 | 76.03 | 101.29 | 68.15 |
| RoNW % | 47.93 | 80.39 | 122.32 | 56.72 |
| Pat Margin % | 8.6 | 8.11 | 7.04 | 4.95 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Vegorama Punjabi Angithi Ltd | 10 | 0 | 6.51 | 6.51 | 80.39 | 2850.38 |
| Speciality Restaurants Ltd | 10 | 23.73 | 4.45 | 4.45 | 6.52 | 68.13 |
| Vikram Kamats Hospitality Ltd | 10 | 85.54 | 0.48 | 0.48 | 0.01 | 28.34 |
About Vegorama Punjabi Angithi Limited
Vegorama Punjabi Angithi Limited – Company Overview
Incorporated: March 2022
Industry: Food and Beverage (Restaurant & QSR Segment)
Brand: Punjabi Angithi
Vegorama Punjabi Angithi Limited is a rapidly growing company in the food and beverage sector, primarily operating a chain of restaurants under the “Punjabi Angithi” brand. The brand is well-known for offering authentic and affordable North Indian, especially Punjabi-style vegetarian cuisine, served in a Quick Service Restaurant (QSR) format.
The company caters to a broad and diverse customer base through dine-in, takeaway, and online delivery services, emphasizing high-quality, value-for-money meals. Over time, Vegorama Punjabi Angithi has established a strong market presence, particularly in urban and semi-urban regions of Delhi NCR.
Operations and Infrastructure
- Cloud Kitchens: 19 operational cloud kitchens, each ranging from 400 to 870 sq. ft.
- Fine Dining Restaurants: 2 outlets, each approximately 2,397 sq. ft. in size
- Geographical Presence: Concentrated in the Delhi NCR region
The company’s expansion strategy focuses on increasing operational efficiency and market reach through investment in new restaurant formats, centralized kitchens, and cloud kitchen infrastructure.
Key Services Offered
1. Dine-In Services
- Operates quick-service restaurants under the Punjabi Angithi brand.
- Serves a wide variety of North Indian (Punjabi-style) vegetarian dishes.
- Offers a casual dining experience with a focus on taste, hygiene, and affordability.
2. Takeaway Services
- Enables customers to conveniently order and pick up meals from nearby outlets.
- Ensures quick service and consistent food quality for on-the-go dining.
3. Online Food Delivery
- Partners with major food aggregators such as Swiggy and Zomato.
- Operates an in-house delivery network to efficiently serve customers at home.
4. Cloud Kitchen Operations
- Runs delivery-only kitchens to expand reach while minimizing real estate and operational costs.
- Strategically located in high-demand areas to ensure faster delivery and higher order volume.
5. Catering Services
- Offers customized catering solutions for private gatherings, corporate events, parties, and bulk orders.
- Plans to expand into the fine-dining and banquet segments through upcoming capital investments.
Future Growth Plans
Vegorama Punjabi Angithi Limited aims to strengthen its market footprint by:
- Expanding its QSR and cloud kitchen network across multiple cities.
- Investing in technology-driven operations for better delivery and customer engagement.
- Entering the fine-dining and banquet market to diversify revenue streams and brand positioning.
Vegorama Punjabi Angithi IPO Promoters
- Mr. Deepak Chadha
Promoters Holding
Holding Pre Issue
99.40%
Holding Post Issue
0.00%
Vegorama Punjabi Angithi IPO Objective
The Company Vegorama Punjabi Angithi IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital Expenditure for construction of banquet and fine dine restaurant
- Capital Expenditure for construction of centralized kitchen
- Capital Expenditure for roll out new cloud kitchens
- Capital Expenditure for upgradation of the existing cloud kitchen facilities
- General Corporate Purposes
- Issue Expenses
Vegorama Punjabi Angithi Limited Address / Contact Details
Vegorama Punjabi Angithi Ltd.
B-376, Third Floor, Meera Bagh,
Outer Ring Road
Paschim Vihar,
New Delhi, New Delhi, 110063
Phone: +91-11-46112637
Email: compliance@punjabiangithi.in
Website: https://www.punjabiangithi.in/
IPO Snapshot
Vegorama Punjabi Angithi IPO Lot Size
The Vegorama Punjabi Angithi IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,46,400 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,46,400.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 246,400.00 |
| Retail (Max) | 2 | 3,200 | 246,400.00 |
| S-HNI (Min) | 3 | 4,800 | 369,600.00 |
| S-HNI (Max) | 8 | 12,800 | 985,600.00 |
| B-HNI (Min) | 9 | 14,400 | 1,108,800.00 |
Issue Reservation
- QIB — 28.61%
- NII — 21.42%
- RII — 49.98%
Book Running Lead Managers
- Corporate Makers Capital Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Vegorama Punjabi Angithi IPO?
Vegorama Punjabi Angithi IPO is a Book-building IPO with a total issue size of ₹38 crore. The Vegorama Punjabi Angithi IPO price band is ₹73 to 77 per share. The Vegorama Punjabi Angithi IPO subscription opens on Wed, May 20, 2026, and closes on Fri, May 22, 2026. The Vegorama Punjabi Angithi IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Vegorama Punjabi Angithi IPO.
When will the Vegorama Punjabi Angithi IPO open for subscription?
The Vegorama Punjabi Angithi IPO opens on Wed, May 20, 2026 and closes on Fri, May 22, 2026
What is Vegorama Punjabi Angithi IPO Price Band?
Vegorama Punjabi Angithi IPO Price Band is ₹73 to 77 per share.
What is Vegorama Punjabi Angithi IPO Lot Size?
Vegorama Punjabi Angithi IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹246400 based on the upper price band
What is the minimum investment for Vegorama Punjabi Angithi IPO?
The minimum investment for Vegorama Punjabi Angithi IPO is ₹246400, based on one lot of 1600 shares at the upper price band of ₹77 per share.
How to apply for Vegorama Punjabi Angithi IPO?
Investors can apply for the Vegorama Punjabi Angithi IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, May 22, 2026. The application amount remains blocked until the Vegorama Punjabi Angithi IPO allotment is finalized.
What is Vegorama Punjabi Angithi IPO Issue Size?
Vegorama Punjabi Angithi IPO issue size is ₹38 crores.
What is the Vegorama Punjabi Angithi IPO Allotment Date?
Vegorama Punjabi Angithi IPO allotment date is Mon, May 25, 2026.
Who is the Vegorama Punjabi Angithi IPO Registrar?
The registrar for Vegorama Punjabi Angithi IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Vegorama Punjabi Angithi IPO allotment status, refund processing, and other IPO-related information.
What is the Vegorama Punjabi Angithi IPO GMP?
The Vegorama Punjabi Angithi IPO GMP (Grey Market Premium) is ₹15 as of Mon, May 18, 2026. Based on the upper price band of ₹77 per share, the estimated Vegorama Punjabi Angithi IPO listing price is ₹92, indicating a potential listing gain of approximately 19.48% over the issue price.
Who is the Vegorama Punjabi Angithi IPO Lead Manager?
The book-running lead managers (BRLMs) for the Vegorama Punjabi Angithi IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Vegorama Punjabi Angithi IPO Red Herring Prospectus (RHP).