Minimum Investment
About Company
Company Name: Vegorama Punjabi Angithi Limited
Industry / Sector: Restaurants & Cloud Kitchens (North Indian / Punjabi Cuisine)
Founded Year: 2022
Promoters: Mr. Deepak Chadha, Mr. Subash Chander Chadha, Mrs. Teenu Chadha
Vegorama Punjabi Angithi Limited operates a chain of vegetarian quick-service restaurants and cloud kitchens under the brand 'Punjabi Angithi'. The company specializes in affordable North Indian (Punjabi) cuisine and offers dine-in, takeaway, home delivery, and cloud kitchen services. It currently operates 19 cloud kitchens and 2 fine-dining restaurants primarily in Delhi NCR. The company focuses on quality, value-for-money meals, and expansion through new outlets, centralized kitchens, and cloud kitchens.
IPO Basic Details
| Company Name | Vegorama Punjabi Angithi Limited |
| IPO Type | SME IPO |
| Price Band | ₹73 – ₹77 |
| Lot Size | 1600 |
| Total Issue Size | ₹38.38 Cr (49,84,000 shares) |
IPO Strengths & Risks
Strengths
- Strong brand recognition in Punjabi cuisine
- Affordable pricing with quality focus
- Omnichannel presence (Dine-in + Cloud + Delivery)
- Experienced management team
- Scalable cloud kitchen model
Risks
- Intense competition in QSR and cloud kitchen segment
- Dependence on food delivery platforms
- Rising raw material and operational costs
IPO Important Dates
| IPO Open Date | 20 May 2026 |
| IPO Close Date | 22 May 2026 |
| Basis of Allotment | 25 May 2026 |
| Refund Initiation | 26 May 2026 |
| Demat Credit Date | 26 May 2026 |
| Listing Date | 27 May 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance amount
Investor Reservation
| QIB Quota | 49.97% |
| Retail Quota | 35.02% |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 lots | 3200 | ₹2,46,400 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 3 lots | 4800 | ₹3,69,600 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 9 lots | 14400 | ₹11,08,800 |
Key Performance Indicators (KPI)
| ROE | 47.93% (Dec 31, 2025) / 80.39% (Mar 31, 2025) |
| ROCE | 53.73% (Dec 31, 2025) / 76.03% (Mar 31, 2025) |
| RoNW | - |
| PAT Margin | 8.60% (Dec 31, 2025) / 8.11% (Mar 31, 2025) |
| EBITDA Margin | 11.81% (Dec 31, 2025) / 10.72% (Mar 31, 2025) |
| EPS | - |
| NAV per share | - |
| Debt to Equity | - |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 31 Mar 2023 | 5.59 Cr | 16.91 Cr | 0.84 Cr | 1.16 Cr | 1.47 Cr | 0.23 Cr |
| 31 Mar 2024 | 18.35 Cr | 66.37 Cr | 4.64 Cr | 6.04 Cr | 6.12 Cr | 4.00 Cr |
| 31 Mar 2025 | 24.77 Cr | 102.06 Cr | 8.22 Cr | 10.86 Cr | 14.34 Cr | 5.05 Cr |
| 31 Dec 2025 | 31.81 Cr | 105.35 Cr | 9.04 Cr | 12.40 Cr | 23.37 Cr | 3.62 Cr |
Grey Market Premium
| GMP Price | N/A (pre-listing) |
| Kostak Rate | N/A |
| Subject to Sauda | N/A |
| Last Updated | May 2026 |
| Estimated Listing Price | N/A |
IPO Subscription Data
| Total Subscription | Pending (IPO opens 20 May 2026) |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Bigshare Services Pvt. Ltd.
Registrar Website: https://ipo.bigshareonline.com
IPO Lead Manager(s)
Company Information
Address: B-376, Third Floor, Meera Bagh,Outer Ring Road Paschim Vihar,New Delhi, New Delhi, 110063
Website: https://www.punjabiangithi.in/
Email: compliance@punjabiangithi.in
Phone: +91-11-46112637
IPO Documents
Frequently Asked Questions (FAQ)
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