Vegorama Punjabi Angithi Limited SME IPO: Price, GMP, Dates & Review

By /
Vegorama Punjabi Angithi Limited SME IPO
VP
Vegorama Punjabi Angithi Limited IPO
Food & Beverage · QSR Chain · Cloud Kitchen Operations · Delhi NCR Market
📋 SME IPO Fresh Issue cum OFS BSE SME
₹77
Upper Price
₹38.38 Cr
Issue Size
May 27, 2026
Listing Date
₹127.90 Cr
Market Cap
📅 IPO Timetable
All dates tentative
🟢
IPO Opens
Wednesday, 20 May 2026
Bidding starts — apply before close
🔒
IPO Closes
Friday, 22 May 2026
Last day to bid — closes at 5:00 PM IST
📊
Monday, 25 May 2026
Allotment finalised by registrar
🔄
Tuesday, 26 May 2026
Unallotted funds returned; shares credited to demat
🏷️
Wednesday, 27 May 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date20 May 2026 (Wed)
IPO Close Date22 May 2026 (Fri)
Listing Date27 May 2026 (Wed)
Face Value₹10 per share
Price Band₹73 to ₹77
Issue Price (Upper Band)₹77 per share
Issue TypeBook Build — Fresh cum OFS
Lot Size1,600 shares
Total Issue Size49,84,000 shares (₹38.38 Cr)
Fresh Issue40,00,000 shares (₹30.70 Cr)
Offer for Sale9,96,800 shares (₹7.68 Cr)
Market Maker Shares2,51,200 shares
Pre-Issue Shares1,26,23,794
Post-Issue Shares1,66,10,994
Promoter Holding (Pre)99.41%
Lead ManagerCorporate Makers Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹77
Investor TypeLotsSharesAmount
Retail — Minimum & Maximum23,200₹2,46,400
S-HNI (sNII) — Min34,800₹3,69,600
S-HNI (sNII) — Max812,800₹9,85,600
B-HNI (bNII) — Min914,400₹11,08,800
⚠️ SME IPO Note: Minimum application for retail is 2 lots (3,200 shares = ₹2,46,400). Retail maximum limit is also 2 lots. Lot size is 1,600 shares; bids must be in multiples thereof.
👥 Investor Reservation
Total 49,84,000 shares
49.97%
QIB Portion
23,64,800 shares
35.02%
Retail (RII)
16,57,600 shares
15.01%
NII / HNI
7,10,400 shares
💡 Market Maker: Pace Stock Broking Services Pvt.Ltd. has been allocated 2,51,200 shares (5.04% of issue) to ensure liquidity post-listing.
📊 Live Subscription Status
Awaiting Bidding
Subscription data will be available once bidding begins on May 20, 2026. Check back for live updates from 10:00 AM IST.
📈 Company Financials
Restated · ₹ Crore
Metric31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Total Assets31.8124.7718.355.59
Total Income105.35102.0666.3716.91
PAT9.048.224.640.84
EBITDA12.4010.866.041.16
Net Worth23.3714.346.121.47
Total Borrowing3.625.054.000.23
Income Growth
FY 2023–24₹66.37 Cr
FY 2024–25₹102.06 Cr
H1 FY26 (Dec 2025)₹105.35 Cr
🎯 Key Performance Indicators
80.39%
ROE
FY 2024–25
76.03%
ROCE
FY 2024–25
8.11%
PAT Margin
FY 2024–25
80.39%
RoNW
FY 2024–25
47.93%
ROE (H1 FY26)
Dec 31, 2025
53.73%
ROCE (H1 FY26)
Dec 31, 2025
8.60%
PAT Margin
Dec 31, 2025
6.78x
Price/Book
Dec 31, 2025
💡 Valuation & EPS
Pre-IPO EPS
₹6.51
FY25 earnings / pre-issue shares
P/E: 11.82x
Post-IPO EPS
₹7.25
Annualised H1 FY26 / post-issue shares
P/E: 10.61x
Price to Book Value
6.78x
At upper price band (FY25 book)
Market Cap (Post-IPO)
₹127.90 Cr
At issue price ₹77
ℹ️ Pre-IPO EPS (₹6.51) based on pre-issue shareholding (1,26,23,794) and FY25 earnings. Post-IPO EPS (₹7.25) based on post-issue shareholding (1,66,10,994) and annualised H1 FY26 earnings.
🎯 Objects of the Issue
Net proceeds utilisation
1
Capital Expenditure for construction of banquet and fine dine restaurant
₹11.82 Cr
2
Capital Expenditure for construction of centralized kitchen
₹4.27 Cr
3
Capital Expenditure for roll out new cloud kitchen
₹4.93 Cr
4
Capital Expenditure for upgradation of the existing cloud kitchen facilities
₹2.30 Cr
Total Net Proceeds Target ₹23.32 Cr
🏢 About Vegorama Punjabi Angithi Limited
Est. 2022 · New Delhi · QSR & Cloud Kitchen

Vegorama Punjabi Angithi Limited is 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.

The company operates 19 cloud kitchens and two fine-dining restaurants in the Delhi NCR area, catering to a broad customer base through dine-in, takeaway, and delivery services. They plan to scale operations through capital expenditure on centralized kitchens and new restaurant formats.

Competitive Strengths
✅Prominent Location of the Cloud Kitchens/ Fine Dine Restaurant
📍Recognised brand in the food industry with attractive innovative menus
📋Experienced staff and value-oriented business culture led by Management
👨‍💼Healthy financial position with proven track record of revenue growth
Company Promoters
DC
Mr. Deepak Chadha
Promoter, Vegorama Punjabi Angithi Limited
SC
Mr. Subash Chander Chadha
Promoter, Vegorama Punjabi Angithi Limited
📅 Key Dates
IPO Opens20 May 2026
IPO Closes22 May 2026
Allotment25 May 2026
Refund & Share Credit26 May 2026
Listing Day27 May 2026
💡 Quick Summary
Price Band₹73 – ₹77
Issue Price₹77 / share
Lot Size1,600 shares
Min. Investment (Retail)₹2,46,400 (2 lots)
Issue Size₹38.38 Cr
ListingBSE SME
🏦 Registrar & Lead Manager
Registrar
Bigshare Services Pvt.Ltd.
📞 +91-22-6263 8200
[email protected]
Lead Manager
Corporate Makers Capital Ltd.
Market Maker
Pace Stock Broking Services Pvt.Ltd.
📍 Registered Address
Vegorama Punjabi Angithi Ltd.
B-376, Third Floor, Meera Bagh,
Outer Ring Road, Paschim Vihar,
New Delhi, New Delhi — 110063
📞 +91-11-46112637
[email protected]
🛡️ Regulatory Note: SME IPO investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️ Disclaimer: This page presents publicly available information from the Vegorama Punjabi Angithi IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
📊
Track Vegorama Punjabi Angithi Limited SME IPO: Price, GMP, Dates & Review GMP
Check real-time grey market premium, daily GMP history & estimated listing price.
Check GMP →

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top