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Vegorama Punjabi Angithi IPO
40.86xsubscribed

Vegorama Punjabi Angithi IPO

Hotel
listed
₹2.34LMin. investment

Vegorama Punjabi Angithi Limited IPO Details

SectorHotel
Price range₹73.00 – ₹77.00
IPO type
SME
Lot size1600 shares
Issue size₹38Cr
Red Herring Prospectus
Read
Market cap
₹127.9CrLower than sector avg
RevenueApr 8 - Mar 9
₹101.31CrLower than sector avg
Growth rate3Y CAGR
145%Higher than sector avg

Vegorama Punjabi Angithi IPO Subscription Status

Date
QIB
NII
Retail
Total
20-May-26
0.69 times (X)
6.28 times (X)
1.61 times (X)
1.69 times (X)
21-May-26
0.84X
28.78X
4.47X
5.28X
22-May-26
26.46X
192.76X
27.41X
40.86X

As on 20-May-26, 5:30 PM

Vegorama Punjabi Angithi IPO Timeline

  1. Pre-apply
    19 May 2026
  2. Bid start
    20 May 2026
  3. Bid end
    22 May 2026
  4. Allotment
    25 May 2026
  5. Release of funds
    26 May 2026
  6. Demat transfer
    26 May 2026
  7. Listing
    27 May 2026

About Vegorama Punjabi Angithi Limited

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.

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Objectives of Vegorama Punjabi Angithi Limited IPO

Construction of restaurant
39.40%
The company will utilise ₹11.82 crore for construction of banquet and fine dine restaurant
General corporate purposes
22.20%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Capex for cloud kitchen
16.40%
The company will utilise ₹4.93 crore for roll out a new cloud kitchen.
Centralised kitchen
14.20%
The company will utilise ₹4.27 crore for construction of a centralised kitchen.
Capex for upgradation
7.60%
The company will utilise ₹2.30 crore for upgradation of the existing cloud kitchen facilities.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹101.31Cr145%₹8.22Cr₹127.9Cr11.830.15
This sector (avg.)₹271.36Cr0.01%₹43.44Cr₹3,215.69Cr31.380.70
₹8,334.54Cr---₹1,961.25Cr₹95,960.68Cr56.930.28
₹2,743.15Cr---₹769.9Cr₹19,670.83Cr29.580.06
₹1,717.83Cr---₹142.49Cr₹19,075.26Cr33.010.85

*Revenue for financial year 8-9. Lower P/E and D/E ratios are generally preferred.

Vegorama Punjabi Angithi IPO Contact Details

Company NameVegorama Punjabi Angithi Limited

How to apply for Vegorama Punjabi Angithi IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Vegorama Punjabi Angithi Limited IPO FAQs