IPO Issue Details
Issue Price / Price Band₹77 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size49,84,000 shares (agg. up to ₹38 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 20 May 2026
Subscription CloseFri, 22 May 2026
Anchor AllotmentTue, 19 May 2026
Basis of AllotmentMon, 25 May 2026
Initiation of RefundsTue, 26 May 2026
Credit of Shares to DematTue, 26 May 2026
Listing DateWed, 27 May 2026
UPI Mandate Deadline5:00 PM on 22 May 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,46,400 — 3,200 shares
Retail — Max (13 Lots)₹1,601,600 (13 Lots)
HNI — Min (3 Lots)₹3,69,600 — 4,800 shares
EPS (Pre-IPO)₹6.51
EPS (Post-IPO)₹7.25
P/E Ratio (Pre-IPO)11.82x
P/E Ratio (Post-IPO)10.61x
Net Offer to Public47,32,800 shares (agg. up to ₹36 Cr)
Reserved for Market Maker2,51,200 shares (agg. up to ₹2 Cr)
Pre-IPO Promoter Holding1,26,23,794 shares
Post-IPO Promoter Holding1,66,10,994 shares
Fresh Issue Shares37,36,000 shares (agg. up to ₹29 Cr)
Offer for Sale Shares9,96,800 shares of ₹10 (agg. up to ₹8 Cr)
About Vegorama Punjabi Angithi Ltd
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 ServicesOperates quick-service restaurants (QSRs) under the Punjabi Angithi brand.Offers a wide range of North Indian, mainly Punjabi, vegetarian dishes.Takeaway ServicesProvides customers with the option to order food and pick it up from nearby outlets.Online Food DeliveryPartners with third-party food aggregators (like Swiggy, Zomato) and also handles in-house delivery to serve customers at home.Cloud Kitchen OperationsRuns delivery-only kitchens to expand reach without high infrastructure costs.Focuses on servicing high-demand areas with low overhead.Catering ServicesProvides 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.
Objects of the Issue
Vegorama Punjabi Angithi Ltd proposes to utilise the net proceeds from the Issue for the following objects:
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
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,26,23,794 shares
Post-IPO Promoter Holding
1,66,10,994 shares