Vegorama Punjabi Angithi Ltd

·

₹77.00 Issue Price

2026-05-20 – 2026-05-22

punjabiangithi.in Bookbuilding IPO · BSE SME

Open Date

2026-05-20

Close Date

2026-05-22

Listing Date

2026-05-27

Allotment Date

2026-05-25

Current Price

₹77.00

High / Low

₹— / ₹—

ROCE

62.23 %

ROE

57.34 %

Face Value

₹10

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About

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 of…

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 ServicesOperates quick-service restaurants (QSRs) under the Punjabi Angithi brand.Offers a wide range of North Indian, mainly Punjabi, vegetarian dishes.Takeaway ServicesProvides customers with the option to order food and pick it up from nearby outlets.Online Food DeliveryPartners with third-party food aggregators (like Swiggy, Zomato) and also handles in-house delivery to serve customers at home.Cloud Kitchen OperationsRuns delivery-only kitchens to expand reach without high infrastructure costs.Focuses on servicing high-demand areas with low overhead.Catering ServicesProvides food for private and corporate events, parties, and bulk orders.Plans to enter the fine-dining and banquet space through new capital investments.Competitive Strength:Prominent Location of the Cloud Kitchens/ Fine Dine Restaurant.Recognised brand in the food industry.Attractive offering at competitive prices based on constant menu innovation and customer focus.Experienced staff and value-oriented business culture led by our Management.Healthy financial position with proven track record of revenue growth and profitability.

📍 B-376, Third Floor, Meera Bagh, Outer Ring Road Paschim Vihar, New Delhi, New De…

📞 +91-11-46112637

✉️ compliance@punjabiangithi.in

Analysis

Pros

ROE of 57.34%% indicates good return on equity.
ROCE of 62.23%% shows efficient capital usage.
PAT margin of 8.11%%.

Cons

Detailed analysis available after listing.

Pros and cons are machine generated. Please exercise caution and do your own analysis.

Subscription Status

Consolidated figures

Day 1

0.00×

Day 2

0.00×

Day 3

0.00×

Metric	QIB	NII (HNI)	Retail	Total
Subscription	—	—	—	—
Shares	Not more than 50% of the Net Issue	Not less than 15% of the Net Issue	Not less than 35% of the Net Issue	—
Bids	—	—	—	—

▼ Category-wise Detailed Breakdown

Category	Subscription	Offered	Bid Shares	Amt (₹ Cr)
QIB	-	Not more than 50% of the Net Issue	—	₹0.00
NII (HNI)	-	Not less than 15% of the Net Issue	—	₹0.00
Retail	-	Not less than 35% of the Net Issue	—	₹0.00
Market Maker	1.00×	2,51,200 shares (agg. up to ₹2 Cr)	2,51,200 shares (agg. up to ₹2 Cr)	₹1.93
Total	-	2,51,300	2,51,200	₹1.93 Cr

Applications: - Total Bid Amount: ₹1.93 Cr

Profit & Loss

Figures in ₹ Crores / Amount in ₹ Crore

Metric	31 Mar 2025	31 Mar 2024	31 Mar 2023
Revenue	10.21	6.64	1.69
EBITDA	11.62	6.47	1.18
Profit After Tax	8.22	4.64	0.84
Net Worth	14.34	6.12	1.47
Total Assets	24.77	18.35	5.59
Reserves	14.29	6.07	1.42
Borrowings	5.05	4.00	0.23

Sales Growth
3 Years:	-83.4%
Latest:	1.69 Cr

Profit Growth
3 Years:	-89.8%
Latest PAT:	0.84 Cr

Return on Equity
ROE:	57.34%%
ROCE:	62.23%%

Key Financial Ratios

Profitability

ROE 57.34%%

ROCE 62.23%%

RONW 57.34%%

PAT Margin 8.11%%

EBITDA Margin 11.47%%

Valuation

Leverage & Growth

Debt / Equity 0.35×

Sales Growth (3yr) -83.4%

Profit Growth (3yr) -89.8%

Latest Revenue 1.69 Cr

Latest PAT 0.84 Cr

Objects of the Issue

1 Capital Expenditure for construction of banquet and fine dine restaurant ₹11.90 Cr

2 Capital Expenditure for construction of centralized kitchen ₹4.20 Cr

3 Capital Expenditure for roll out new cloud kitchen ₹4.67 Cr

4 Capital Expenditure for upgradation of the existing cloud kitchen facilities ₹1.65 Cr

5 General Corporate Purposes

6 Issue Expenses

IPO Schedule & Important Dates

IPO Open

2026-05-20

Upcoming

IPO Close

2026-05-22

Upcoming

Allotment

2026-05-25

Upcoming

Refund

2026-05-26

Upcoming

Demat Credit

2026-05-26

Upcoming

Listing

2026-05-27

Upcoming

Lot Size & Investment Details

RETAIL MIN

₹123,200

1 lot · 1600 shares

RETAIL MAX

₹246,400

2 lots · 3,200 shares

HNI MIN

₹369,600

3 lots

Category	Lots	Shares	Amount (₹)
Retail (Min)	1600	1,600	₹123,200
Retail (Max)	2	3,200	₹246,400
HNI (Min)	3	4,800	₹369,600

Pre-Issue Holding: 1,26,23,794 shares Post-Issue Holding: 1,66,10,994 shares

Lead Managers & Market Makers

Book Running Lead Managers

Corporate Makers Capital Ltd

Allotment Status

Allotment Date: 2026-05-25

Registrar: Bigshare Services Pvt.Ltd

Check Allotment

+91-22-6263 8200

ipo@bigshare.com

https://ipo.bigshareonline.com/IPO_Status.html