Vegorama Punjabi Angithi IPO Details
Vegorama Punjabi Angithi IPO Summary
Vegorama Punjabi Angithi IPO opens for subscription on 20 May 2026 and closes on 22 May 2026.The IPO will be listed on BSE with the tentative listing date set for 27 May 2026.
Vegorama Punjabi Angithi IPO price band has been fixed at ₹73 – ₹77 per share. The face value is ₹10 per share with a lot size of 1600.
Vegorama Punjabi Angithi IPO total issue size comprises 49,84,000 shares (aggregating up to ₹38.38 Cr). This includes a fresh issue of 39,87,200 shares (aggregating up to ₹30.70 Cr). Offer for Sale consists of 9,96,800 shares (aggregating up to ₹7.68 Cr). Pre-issue shareholding stands at 1,26,23,794, which will increase to 1,66,10,994 post-issue.
Vegorama Punjabi Angithi IPO carries a ₹9 (11.69%) GMP, reflecting investor sentiment.
Vegorama Punjabi Angithi IPO Lot Size :Individual Minimum is 2 lots (3,200 shares) amounting to ₹246,400. Individual Maximum is 2 lots (3,200 shares) amounting to ₹246,400. SHNI Minimum is 3 lots (4,800 shares) amounting to ₹369,600. SHNI Maximum is 8 lots (12,800 shares) amounting to ₹985,600. BHNI Minimum is 9 lots (14,400 shares) amounting to ₹1,108,800.
Vegorama Punjabi Angithi IPO Details
Vegorama Punjabi Angithi IPO Subscription
Vegorama Punjabi Angithi IPO Application Wise Breakup
Vegorama Punjabi Angithi IPO Dates
- 20 May 2026Opening dateOpen
- 22 May 2026Closing dateClose
- 25 May 2026Allotment Date Allotment
- 26 May 2026Initiation of RefundsRefund
- 26 May 2026Credit of SharesCredit
- 27 May 2026Listing dateListing
Vegorama Punjabi Angithi IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 3200 | ₹246,400 |
| Individual Maximum | 2 | 3200 | ₹246,400 |
| SHNI Minimum | 3 | 4800 | ₹369,600 |
| SHNI Maximum | 8 | 12800 | ₹985,600 |
| BHNI Minimum | 9 | 14400 | ₹1,108,800 |
Vegorama Punjabi Angithi IPO Reservation
Promoter Holding
Documents
Vegorama Punjabi Angithi IPO Valuations
Vegorama Punjabi Angithi Financial Information
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 31.81 | 24.77 | 18.35 | 5.59 |
| Total Income | 105.35 | 102.06 | 66.37 | 16.91 |
| Profit After Tax | 9.04 | 8.22 | 4.64 | 0.84 |
| EBITDA | 12.40 | 10.86 | 6.04 | 1.16 |
| NET Worth | 23.37 | 14.34 | 6.12 | 1.47 |
| Reserves and Surplus | 10.75 | 14.29 | 6.07 | 1.42 |
| Total Borrowing | 3.62 | 5.05 | 4.00 | 0.23 |
| Amount in ₹ Crore | ||||
About Vegorama Punjabi Angithi IPO
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.
Strength Of Vegorama Punjabi Angithi IPO
- Prominent Location of our 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.
- Strong presence on food delivery platforms.
- Diverse & Scalable Business Model.
Risk Of Vegorama Punjabi Angithi IPO
- Our Company, its Promoters, namely Mr. Deepak Chadha, Mr. Subash Chander Chadha and Mrs. Teenu Chadha, and a Promoter Group Entity, namely Deepak Chadha HUF, have received summons from the Office of the Assistant Director of Income Tax (Investigation), New Delhi under Section 246(2) of the Income Tax Act, 2025, in connection with certain financial and related transactions for the financial years 2020-21 to 2024-25.
- If we are unable to implement our growth strategy successfully including in relation to selecting cities and locations for our new cloud kitchens and fine dine restaurants our results of operations and financial condition may be adversely affected.
- Our continued operations are critical to our business and any shutdown of our cloud kitchens and fine dine restaurant may adversely affect our business, results of operations and financial condition.
- In addition to our existing indebtedness for our existing operations, we may incur further indebtedness during the course of business. We cannot assure that we would be able to service our existing and/ or additional indebtedness.
- Substantial portion of our revenues has been dependent upon online food platforms. The loss of any one or more of our major customer or online food platform would have a material effect on our business operations and profitability.
- Our revenues have been significantly dependent on few customers and our inability to maintain such business may have an adverse effect on our results of operations.
- There have been certain instances of non-compliances in respect of ROC filing or payments. Any penalty or action taken by any regulatory authorities in future for non-compliance with provisions of all applicable law and other law could impact on the financial position of the Company to that extent.
- If we are unable to identify and obtain suitable locations for our new cloud kitchens and fine dine restaurants this may result in lower footfalls and table turn rates which would adversely affect our anticipated growth in business.
- Failure to obtain or maintain or renew licenses, registrations, permits and approvals in a timely manner or at all may adversely affect our business and results of operations.
- If we are unable to compensate for the loss of revenue arising from the closure of our cloud kitchens, our business operations, revenue from operations, cash flows and profitability may be adversely affected.
Objectives Vegorama Punjabi Angithi IPO
1. Capital Expenditure for construction of banquet and fine dine restaurant
2. Capital Expenditure for construction of centralized kitchen
3. Capital Expenditure for roll out new cloud kitchen
4. Capital Expenditure for upgradation of the existing cloud kitchen facilities
5. General Corporate Purposes
6. Issue Expenses
Company 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/
Registrar Contact Details
Vegorama Punjabi Angithi FAQs
The Vegorama Punjabi Angithi IPO is a SME public issue comprising 4984000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹38.38 Cr. The issue price has been fixed at ₹77 per equity share, and the minimum application size is 1600 shares.
The IPO opens for subscription on 20 May 2026, and closes on 22 May 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹9 (11.69%).
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