Vegorama Punjabi Angithi Limited
IPO Details
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Vegorama Punjabi Angithi Limited's completed its IPO journey with a successful listing on BSE on May 27, 2026. The public offering mobilized 49,84,000 Shares in total capital, comprising 39,87,200 Shares in fresh equity and ₹7.67 Cr in Offer for Sale shares from existing stakeholders.
The offering was conducted within the price band of ₹73 to ₹77, with minimum application lots of 1600 shares. Investor participation during the May 20, 2026 to May 22, 2026 subscription window determined the final allocation pattern.
The basis of allotment was announced on May 25, 2026, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Founded in March 2022, Vegorama Punjabi Angithi Limited operates in the food and beverage industry through its “Punjabi Angithi” restaurant brand, known for serving affordable North Indian and Punjabi-style vegetarian food in a quick-service restaurant (QSR) format. The company offers dine-in, takeaway, online delivery, cloud kitchen, and catering services, catering to a wide customer base across the Delhi NCR region. It currently operates 19 cloud kitchens and 2 fine-dining restaurants, focusing on expanding its reach through delivery-focused kitchens and new restaurant formats. The company partners with platforms like Swiggy and Zomato while also managing in-house delivery services. With a focus on quality and value-for-money meals, Vegorama Punjabi Angithi plans to further grow through investments in centralized kitchens, cloud kitchens, and fine-dining and banquet services.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strong QSR & Cloud Kitchen Presence : Wide network of cloud kitchens supports efficient delivery and market reach.
- Affordable & Popular Brand Positioning : Value-for-money Punjabi cuisine helps attract a broad customer base.
- Scalable Business Model : Expansion through cloud kitchens and centralized operations reduces infrastructure costs.
- Dependence on Food Delivery Platforms : Heavy reliance on aggregators like Zomato and Swiggy may impact margins.
- High Competition in QSR Industry : Faces intense competition from local and national food brands.
- Limited Geographic Presence : Operations mainly concentrated in Delhi NCR region.
- Mr. Deepak Chadha
- Mr. Subash Chander Chadha
- Mrs. Teenu Chadha
Vegorama Punjabi Angithi Limited
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