Vegorama Punjabi Angithi – IPO

The IPO of Vegorama Punjabi Angithi is structured as a book-built issue totaling Rs 28.00 crores. The issue consists entirely of a fresh issue of 40.00 lakh shares, aggregating to Rs 28.00 crores. There is no offer for sale in the IPO.

The Vegorama Punjabi Angithi IPO opened for subscription on July 21, 2026, and is set to close on July 23, 2026. The finalization of the allotment for the Vegorama Punjabi Angithi IPO is expected to occur on Friday, July 24, 2026. The listing of the Vegorama Punjabi Angithi IPO on NSE SME is anticipated, with the tentative listing date set for Tuesday, July 28, 2026.

The price band for the Vegorama Punjabi Angithi IPO is set between ₹68 and ₹70 per share. A minimum lot size of 2,000 shares is required for an application. The minimum investment amount required by retail investors is ₹140,000. For sNII investors, the minimum lot size investment is set at 2 lots (4,000 shares), amounting to ₹280,000, while for bNII investors, it is set at 5 lots (10,000 shares), amounting to ₹700,000.

Vegorama Punjabi Angithi – IPO Details

IPO Date May 20, 2026 to May 22, 2026
Listing Date May 27, 2026
Face Value ₹ 10 / Share
Price Band ₹ 73 to ₹ 77 / Share
Lot Size 1600 Shares
Total Issue Size 4984000
(Aggregating up to 38)
Fresh Issue 3736000
(Aggregating up to 29)
Offer for Sale 996800
(Aggregating up to 8)
Employee Discount
Issue Type Bookbuilding IPO
Listing At BSE SME
Share holding pre issue 12623794
Share holding post issue 16610994
Market Maker portion

Vegorama Punjabi Angithi Timeline (Tentative Schedule)

Vegorama Punjabi Angithi IPO opens on May 20, 2026, and closes on May 22, 2026.

IPO Open Date May 20, 2026
IPO Close Date May 22, 2026
Basis of Allotment May 25, 2026
Initiation of Refunds May 26, 2026
Credit of Shares to Demat May 26, 2026
Listing Date May 27, 2026
Cut-off time for UPI mandate confirmation --

Vegorama Punjabi Angithi IPO Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. 

Application Lots Shares Amount
Retail (Min) 2 3,200 Rs.246,400
Retail (Max) 2 3,200 Rs.246,400
S-HNI (Min) 3 4,800 Rs.369,600
S-HNI (Max) 8 12,800 Rs.985,600
B-HNI (Min) 9 14,400 Rs.1,108,800
HNI (Min)

Vegorama Punjabi Angithi IPO Promoter Holding

Share Holding Pre Issue 12623794
Share Holding Post Issue 16610994

Vegorama Punjabi Angithi IPO Reservation

Vegorama Punjabi Angithi IPO comprises a total issue size of 49,84,000 shares. The net offer to the public is 47,32,800 shares, after excluding 2,51,200 shares allotted on a firm basis. Of the Net offer 23,64,800 (49.97%) are allocated to QIB, 7,10,400 (15.01%) allocated to NII 16,57,600 (35.02%) allocated to RII.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1416000
28.41
Market Maker Shares Offered 251200
5.04
Other Shares Offered
QIB Shares Offered 948800
19.04
NII (HNI) Shares Offered 710400
15.01		 14.25
bNII > ₹10L 473600
9.50
sNII < ₹10L 236800
4.75
Retail Shares Offered 1657600
35.02		 33.26
Employee Shares Offered
Total Shares Offered 4984000
100.00

Vegorama Punjabi Angithi IPO Anchor Investors Details

Bid Date 2026-05-19
Shares Offered 1416000
Anchor Portion Size (In Cr.) 10.90
Anchor lock-in period end date for 50% shares (30 Days) June 23, 2026
Anchor lock-in period end date for remaining shares (90 Days) August 22, 2026

About Vegorama Punjabi Angithi

Incorporated in March 2022, Vegorama Punjabi Angithi Limited is a company primarily engaged in the food and beverage industry, operating a chain of restaurants under the "Punjabi Angithi" brand. The brand is known for offering affordable North Indian cuisine, particularly Punjabi-style dishes, in a quick-service restaurant (QSR) format. It caters to a broad customer base through dine-in, takeaway, and delivery services.

The company focuses on providing high-quality, value-for-money meals and has built a strong brand presence, especially in urban and semi-urban areas. With a growing number of outlets, Vegorama Punjabi Angithi aims to scale its operations through capital expenditure on new restaurant formats, centralized kitchens, and cloud kitchens.

The company operates 19 cloud kitchens and two fine-dining restaurants in the Delhi NCR area. The cloud kitchens range from 400 to 870 square feet, while the fine dining restaurant spans about 2,397 square feet.

As on February 28, 2026, the company has 306 employees across various departments.

Here are the key services offered by Vegorama Punjabi Angithi Limited:

Dine-In Services

  • Operates quick-service restaurants (QSRs) under the Punjabi Angithi brand.
  • Offers a wide range of North Indian, mainly Punjabi, vegetarian dishes.

Takeaway Services

  • Provides customers with the option to order food and pick it up from nearby outlets.

Online Food Delivery

  • Partners with third-party food aggregators (like Swiggy, Zomato) and also handles in-house delivery to serve customers at home.

Cloud Kitchen Operations

  • Runs delivery-only kitchens to expand reach without high infrastructure costs.
  • Focuses on servicing high-demand areas with low overhead.

Catering Services

  • Provides food for private and corporate events, parties, and bulk orders.
  • Plans to enter the fine-dining and banquet space through new capital investments.

Competitive Strength:

  • Prominent Location of the Cloud Kitchens/ Fine Dine Restaurant.
  • Recognised brand in the food industry.
  • Attractive offering at competitive prices based on constant menu innovation and customer focus.
  • Experienced staff and value-oriented business culture led by our Management.
  • Healthy financial position with proven track record of revenue growth and profitability.

Key Performance Indicator

KPI Values
ROE 47.93
ROCE 53.73
Debt/Equity
RoNW 47.93
P/BV 6.78
PAT Margin (%) 8.60
  Pre IPO Post IPO
EPS (Rs) 6.51 7.25
P/E (x) 11.82 10.61

Note:

Deepak Chadha, Subash Chander Chadha and Teenu Chadha



Objects of the Issue (Vegorama Punjabi Angithi IPO Objectives)

Vegorama Punjabi Angithi Contact Details

Vegorama Punjabi Angithi Ltd. Address

B-376, Third Floor, Meera Bagh

Outer Ring Road

Paschim Vihar

New Delhi, New Delhi, 110063

Vegorama Punjabi Angithi IPO Registrar

Bigshare Services Pvt.Ltd.

Frequently Asked Questions

What is Vegorama Punjabi Angithi IPO?
The Vegorama Punjabi Angithi IPO is classified as an Mainline IPO. The issue price is set between ₹73 and ₹77 per equity share. A minimum of 1600 shares is required per order. The IPO will be open from May 20, 2026, to May 22, 2026. The shares are proposed to be listed on BSE SME.
When does the Vegorama Punjabi Angithi IPO open and close?
The Vegorama Punjabi Angithi IPO will be opened on May 20, 2026, and closed on May 22, 2026.
What is the issue size of the Vegorama Punjabi Angithi IPO?
The size of the Vegorama Punjabi Angithi IPO is 38in total. A fresh issue of 3736000 shares, aggregating up to 29, is included.
What is the price band of the Vegorama Punjabi Angithi Limited IPO?
The price band for the IPO has been set between ₹73 - ₹77 per equity share.
What is the allotment date of the Vegorama Punjabi Angithi IPO?
The share allotment date for the Vegorama Punjabi Angithi IPO is set for May 25, 2026.
What is the Vegorama Punjabi Angithi listing date?
The Vegorama Punjabi Angithi IPO is scheduled to be listed on May 27, 2026.
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