Vegorama Punjabi Angithi IPO

Incorporated in 2022, Vegorama Punjabi Angithi has grown from a cloud kitchen and takeaway to a brand that delivers premium-quality vegetarian food of North Indian cuisine and others. The company currently runs its business through 27 cloud kitchens and 2 fine dining restaurants in five cities – Delhi, Noida, Gurugram, Faridabad, and Dehradun. The company operates a chain of restaurants under the "Punjabi Angithi" brand.

The company offers five types of food brands, including Punjabi Angithi, Chinese Veg Crunch, Dilli Tawa Parantha, Food of Dreams, and Swaad of Punjab. The food varieties offered by the company include North Indian vegetarian cuisine, Indo-Chinese cuisine, Tandoori dishes, Momos, and Delhi-style parantha. As of Dec 2025, E-commerce portals contribute 91.93% to the corporation’s sales, with takeaway services accounting for 4.24%, dine-in for 2.14%, and catering for 1.70%.

Delhi contributed the highest to revenue at 52.62% in December 2025, followed by Haryana at 24.21%, Uttar Pradesh at 19.26% and Uttarakhand at 3.91%. Delhi’s contribution increased from 43.35% in FY24 owing to an increase in outlets and fine dining. Top 10 customers contributed 92.85% of revenue in December 2025, with the top 2 food delivery portals contributing 51.42% and 40.45%, respectively.