Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Vegorama Punjabi Angithi Ltd. IPO is a Book Build Issue of 0.50 crore equity shares consisting of a fresh issue of upto 0.40 crore equity shares and an offer for sale (OFS) of upto 0.10 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Corporate Makers Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Vegorama Punjabi Angithi IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 49,84,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 2,51,200 shares (agg. up to ₹[.] Cr) |
| Fresh Issue (Ex Market Maker) | 37,36,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 9,96,800 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,26,23,794 shares |
| Share Holding Post Issue | 1,63,59,794 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Jun 18, 2025 |
| Offer document withdrawn | Thu, Aug 14, 2025 |
| Filed with SEBI/Exchange | Sat, Aug 23, 2025 |
| SEBI/Exchange approval received | Thu, Oct 23, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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.
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:
Vegorama Punjabi Angithi Ltd.'s revenue increased by 54% and profit after tax (PAT) rose by 77% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 24.77 | 18.35 | 5.59 |
| Total Income | 10.21 | 6.64 | 1.69 |
| Profit After Tax | 8.22 | 4.64 | 0.84 |
| EBITDA | 11.62 | 6.47 | 1.18 |
| NET Worth | 14.34 | 6.12 | 1.47 |
| Reserves and Surplus | 14.29 | 6.07 | 1.42 |
| Total Borrowing | 5.05 | 4.00 | 0.23 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for construction of banquet and fine dine restaurant | 11.90 |
| 2 | Capital Expenditure for construction of centralized kitchen | 4.20 |
| 3 | Capital Expenditure for roll out new cloud kitchen | 4.67 |
| 4 | Capital Expenditure for upgradation of the existing cloud kitchen facilities | 1.65 |
| 5 | General Corporate Purposes | |
| 6 | Issue Expenses |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 57.34% |
| ROCE | 62.23% |
| Debt/Equity | 0.35 |
| RoNW | 57.34% |
| PAT Margin | 8.11% |
| EBITDA Margin | 11.47% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.4% |
Lead Manager Reports
Vegorama Punjabi Angithi IPO is a SME IPO of 49,84,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Vegorama Punjabi Angithi IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Vegorama Punjabi Angithi IPO using UPI as a payment gateway. Zerodha customers can apply in Vegorama Punjabi Angithi IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vegorama Punjabi Angithi IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vegorama Punjabi Angithi IPO dates are not announced. Please check back again after some time.
Vegorama Punjabi Angithi IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Vegorama Punjabi Angithi IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vegorama Punjabi Angithi IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Vegorama Punjabi Angithi IPO allotment status.
The Vegorama Punjabi Angithi IPO listing date is not yet announced. The tentative date of listing is .
