Vegorama Punjabi Angithi IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
May 20 to May 22 2026
Price Band
₹73 - 77
Current GMP
₹118.1 (+53.38%)
Subscription
35.15 times
IPO Details
| IPO Date | 20 to 22 May, 2026 |
| Listing Date | Wed, May 27, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹73 to ₹77 |
| Issue Price | ₹77 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 49,84,000 shares (agg. up to ₹ 38 Cr) |
| Reserved for Market Maker | 2,51,200 shares (agg. up to ₹ 2 Cr) Pace Stock Broking Services Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 37,36,000 shares (agg. up to ₹ 29 Cr) |
| Offer for Sale | 9,96,800 shares of ₹ 10 (agg. up to ₹ 8 Cr) |
| Net Offered to Public | 47,32,800 shares (agg. up to ₹ 36 Cr) |
| Share Holding Pre Issue | 1,26,23,794 shares |
| Share Holding Post Issue | 1,66,10,994 shares |
| BSE Script Code / | 544765 / |
| ISIN | INE1L3801017 |
IPO Date
20 to 22 May, 2026
Listing Date
Wed, May 27, 2026
Face Value
₹ 10 per share
Price Band
₹73 to ₹77
Issue Price
₹77 per share
Lot Size
1,600 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Total Issue Size
49,84,000 shares (agg. up to ₹ 38 Cr)
Reserved for Market Maker
2,51,200 shares (agg. up to ₹ 2 Cr) Pace Stock Broking Services Pvt.Ltd.
Fresh Issue (Ex Market Maker)
37,36,000 shares (agg. up to ₹ 29 Cr)
Offer for Sale
9,96,800 shares of ₹ 10 (agg. up to ₹ 8 Cr)
Net Offered to Public
47,32,800 shares (agg. up to ₹ 36 Cr)
Share Holding Pre Issue
1,26,23,794 shares
Share Holding Post Issue
1,66,10,994 shares
BSE Script Code /
544765 /
ISIN
INE1L3801017
IPO Subscription Details
| Anchor | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 26.46 |
| NII*** | 63.93 |
| bNII (> ₹10L) | 77.50 |
| sNII (< ₹10L) | 36.79 |
| Individual Investors | 27.79 |
| Total ** | 35.15 |
Anchor
1
Market Maker
1
QIB (Ex Anchor)
26.46
NII***
63.93
bNII (> ₹10L)
77.50
sNII (< ₹10L)
36.79
Individual Investors
27.79
Total **
35.15
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| May 2 0 (Day 1) | 0.69 | 2.09 | 2.52 | 1.24 | 1.61 | 1.45 |
| May 2 1 (Day 2) | 0.84 | 9.24 | 10.56 | 6.59 | 4.47 | 4.45 |
| May 2 2 (Day 3) | 26.46 | 63.93 | 77.50 | 36.79 | 27.79 | 35.15 |
DayMay 2
0 (Day 1)
QIB (Ex Anchor)0.69
NII*2.09
NII (> ₹10L)2.52
NII (< ₹10L)1.24
Individual Investors1.61
Total1.45
DayMay 2
1 (Day 2)
QIB (Ex Anchor)0.84
NII*9.24
NII (> ₹10L)10.56
NII (< ₹10L)6.59
Individual Investors4.47
Total4.45
DayMay 2
2 (Day 3)
QIB (Ex Anchor)26.46
NII*63.93
NII (> ₹10L)77.50
NII (< ₹10L)36.79
Individual Investors27.79
Total35.15
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 27-05-2026 | 77.00 | 9(11.69%) | 86 |
| 26-05-2026 | 77.00 | 9(11.69%) | 86 |
| 25-05-2026 | 77.00 | 6.5(8.44%) | 83.5 |
| 24-05-2026 | 77.00 | 5.5(7.14%) | 82.5 |
| 23-05-2026 | 77.00 | 5.5(7.14%) | 82.5 |
| 22-05-2026 | 77.00 | 3(3.90%) | 80 |
| 21-05-2026 | 77.00 | 3(3.90%) | 80 |
| 20-05-2026 | 77.00 | 5(6.49%) | 82 |
| 19-05-2026 | 77.00 | 15(19.48%) | 92 |
| 18-05-2026 | 77.00 | 15(19.48%) | 92 |
| 17-05-2026 | 77.00 | 7.5(9.74%) | 84.5 |
| 16-05-2026 | 77.00 | 6(7.79%) | 83 |
| 15-05-2026 | 77.00 | 0(0.00%) | 77 |
| 14-05-2026 | 77.00 | 0(0.00%) | 77 |
Date27-05-2026
Price77.00
GMP9(11.69%)
Estimate List Price86
Date26-05-2026
Price77.00
GMP9(11.69%)
Estimate List Price86
Date25-05-2026
Price77.00
GMP6.5(8.44%)
Estimate List Price83.5
Date24-05-2026
Price77.00
GMP5.5(7.14%)
Estimate List Price82.5
Date23-05-2026
Price77.00
GMP5.5(7.14%)
Estimate List Price82.5
Date22-05-2026
Price77.00
GMP3(3.90%)
Estimate List Price80
Date21-05-2026
Price77.00
GMP3(3.90%)
Estimate List Price80
Date20-05-2026
Price77.00
GMP5(6.49%)
Estimate List Price82
Date19-05-2026
Price77.00
GMP15(19.48%)
Estimate List Price92
Date18-05-2026
Price77.00
GMP15(19.48%)
Estimate List Price92
Date17-05-2026
Price77.00
GMP7.5(9.74%)
Estimate List Price84.5
Date16-05-2026
Price77.00
GMP6(7.79%)
Estimate List Price83
Date15-05-2026
Price77.00
GMP0(0.00%)
Estimate List Price77
Date14-05-2026
Price77.00
GMP0(0.00%)
Estimate List Price77
IPO Important Dates
| IPO Open | Wed, May 20, 2026 |
| IPO Close | Fri, May 22, 2026 |
| Allotment | Mon, May 25, 2026 |
| Refund | Tue, May 26, 2026 |
| Credit of Shares | Tue, May 26, 2026 |
| Listing | Wed, May 27, 2026 |
IPO Open
Wed, May 20, 2026
IPO Close
Fri, May 22, 2026
Allotment
Mon, May 25, 2026
Refund
Tue, May 26, 2026
Credit of Shares
Tue, May 26, 2026
Listing
Wed, May 27, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,46,400 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,46,400 |
| S-HNI (Min) | 3 | 4,800 | ₹3,69,600 |
| S-HNI (Max) | 8 | 12,800 | ₹9,85,600 |
| B-HNI (Min) | 9 | 14,400 | ₹11,08,800 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares3,200
Amount₹2,46,400
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares3,200
Amount₹2,46,400
ApplicationS-HNI (Min)
Lots3
Shares4,800
Amount₹3,69,600
ApplicationS-HNI (Max)
Lots8
Shares12,800
Amount₹9,85,600
ApplicationB-HNI (Min)
Lots9
Shares14,400
Amount₹11,08,800
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 |
Period EndedAssets
31 Dec 202531.81
31 Mar 202524.77
31 Mar 202418.35
31 Mar 20235.59
Period EndedTotal Income
31 Dec 2025105.35
31 Mar 2025102.06
31 Mar 202466.37
31 Mar 202316.91
Period EndedProfit After Tax
31 Dec 20259.04
31 Mar 20258.22
31 Mar 20244.64
31 Mar 20230.84
Period EndedEBITDA
31 Dec 202512.40
31 Mar 202510.86
31 Mar 20246.04
31 Mar 20231.16
Period EndedNET Worth
31 Dec 202523.37
31 Mar 202514.34
31 Mar 20246.12
31 Mar 20231.47
Period EndedReserves and Surplus
31 Dec 202510.75
31 Mar 202514.29
31 Mar 20246.07
31 Mar 20231.42
Period EndedTotal Borrowing
31 Dec 20253.62
31 Mar 20255.05
31 Mar 20244.00
31 Mar 20230.23
Key Performance Indicator
| ROE | 47.93% |
| ROCE | 53.73% |
| RoNW | 47.93% |
| PAT Margin | 8.60% |
| EBITDA Margin | 11.81% |
| Price to Book Value |
ROE
47.93%
ROCE
53.73%
RoNW
47.93%
PAT Margin
8.60%
EBITDA Margin
11.81%
Price to Book Value
IPO Reservation
| QIB Shares Offered | 23,64,800 |
| − Anchor Investor Shares Offered | 14,16,000 |
| − QIB (Ex. Anchor) Shares Offered | 9,48,800 |
| NII (HNI) Shares Offered | 7,10,400 |
| − bNII > ₹10L | 4,73,600 |
| − sNII < ₹10L | 2,36,800 |
| Retail Shares Offered | 16,57,600 |
| Market Maker Shares Offered | 2,51,200 |
| Total Shares Offered | 49,84,000 |
QIB Shares Offered
23,64,800
− Anchor Investor Shares Offered
14,16,000
− QIB (Ex. Anchor) Shares Offered
9,48,800
NII (HNI) Shares Offered
7,10,400
− bNII > ₹10L
4,73,600
− sNII < ₹10L
2,36,800
Retail Shares Offered
16,57,600
Market Maker Shares Offered
2,51,200
Total Shares Offered
49,84,000
Information about 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.
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
Takeaway Services
Online Food Delivery
Cloud Kitchen Operations
Catering Services
Competitive Strength:
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
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
: Total
Disclaimer
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