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VP

Vegorama Punjabi Angithi

Listed SME BSE SME · Restaurants

Price Band

₹73.0–77.0

Issue Size

₹38.38 Cr

Lot Size

1,600 shares

Min Investment

₹246,400

GMP

+₹9.0 (11.69%)

Issue Price

₹77.0

calendar_month Important Dates

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IPO Open Date
Wed, 20 May 2026
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IPO Close Date
Fri, 22 May 2026
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Allotment Date
Mon, 25 May 2026
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Refund Initiation
Tue, 26 May 2026
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Credit of Shares
Tue, 26 May 2026
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Listing Date
Wed, 27 May 2026
Listing Price
₹86.0 +11.69%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

+₹9.0

GMP %

+11.69%

Est. Listing

₹86.0

schedule Updated: 14 Jul 2026 15:51

business About the Company

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. 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.

payments Company Financials (₹ Cr)

As of 2025-12-31

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

Key Ratios

EPS

₹6.51

NAV

₹2850.38

ROE

80.39%

ROCE

76.03%

RoNW

80.39%

P/B Value

6.78

P/E Ratio

11.82

Market Cap

₹127.90 Cr

PAT Margin

8.11%

Promoters

Deepak Chadha, Subash Chander Chadha and Teenu Chadha

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure for construction of banquet and fine dine restaurant 11.82 2 Capital Expenditure for construction of centralized kitchen 4.27 3 Capital Expenditure for roll out new cloud kitchen 4.93 4 Capital Expenditure for upgradation of the existing cloud kitchen facilities 2.30 5 General Corporate Purposes 3.30 6 Issue Expenses 4.08 Total 30.71

info Issue Details

Issue Type SME Book Built
Issue Size ₹38.38 Cr
Price Band ₹73.0 – ₹77.0
Issue Price ₹77.0
Lot Size 1,600 shares
Min Investment ₹246,400
Exchange BSE SME
Sector Restaurants
Open Date 20 May 2026
Close Date 22 May 2026
Allotment 25 May 2026
Listing Date 27 May 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

account_balance Corporate Makers Capital Ltd.

timeline IPO Timeline

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Open

20 May 2026

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Close

22 May 2026

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Allotment

25 May 2026

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Listing

27 May 2026

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