Who is the CEO of Vegorama Punjabi Angithi Ltd?
- Answer Field
-
Deepak Chadha is the Managing Director of Vegorama Punjabi Angithi Ltd.
Vegorama Punjabi Angithi Limited operates in the food and beverage industry through its ‘Punjabi Angithi’ brand, offering vegetarian North Indian cuisine through dine-in restaurants, cloud kitchens, takeaway, catering, and online delivery services. The Vegorama Punjabi Angithi IPO will open for subscription on May 20, 2026, and close on May 22, 2026. The company plans to issue 49,84,000 shares with a price band of ₹73 to ₹77 per share. The IPO is proposed to be listed on the SME platform of the BSE. The issue proceeds are proposed to be utilised for expansion of cloud kitchens, restaurant infrastructure, centralised kitchens, and general corporate purposes.
Vegorama Punjabi Angithi Limited operates in the food and beverage industry through its ‘Punjabi Angithi’ brand, focusing on vegetarian North Indian cuisine in the quick-service restaurant (QSR) category. The company provides dine-in, takeaway, cloud kitchen, catering, and online delivery services across the Delhi NCR region. Its operating model includes cloud kitchens and fine-dining restaurants, allowing it to cater to multiple customer segments through delivery-focused and outlet-based formats. The business has also expanded into institutional catering and compact event catering services to diversify its operational activities. The company’s business operations are supported by partnerships with food delivery platforms such as Swiggy and Zomato, which assist in expanding customer reach and order fulfilment capabilities. Its focus on vegetarian cuisine, cloud kitchen operations, and catering services has contributed to its presence in urban and semi-urban consumption markets. The company also plans to expand through investments in restaurant infrastructure, centralised kitchens, and additional delivery-focused formats, subject to market conditions and operational requirements.
Investors can apply for the Vegorama Punjabi Angithi IPO through the ASBA (Application Supported by Blocked Amount) facility available via internet banking platforms or through UPI-enabled applications. Investors are required to have an active demat account, a PAN card, and a bank account linked with UPI services. Applicants can log in to their trading or banking platform, select the IPO section, choose the Vegorama Punjabi Angithi IPO, and enter the required bid quantity and price details within the specified price band. After entering the application details, investors are required to approve the UPI mandate request or authorise the ASBA process through their banking platform. Upon confirmation, the application amount remains blocked in the applicant’s bank account until the allotment process is completed.
For more details, visit the Vegorama Punjabi Angithi IPO page.
Details | Information |
IPO Date | May 20, 2026 to May 22, 2026 |
Issue Size | 49,84,000 shares (agg. up to ₹38.38 Cr) |
Price Band | ₹73 to ₹77 per share |
Lot Size | 1,600 shares |
Listing At | SME, BSE |
Market Maker | Pace Stock Broking Services Pvt. Ltd. |
Capital expenditure for construction of banquet and fine dine restaurant
Capital expenditure for construction of centralised kitchen
Capital expenditure for roll out new cloud kitchens
Capital expenditure for upgradation of the existing cloud kitchen facilities
General corporate purposes
Event | Date |
|---|---|
IPO Open Date | Wed, May 20, 2026 |
IPO Close Date | Fri, May 22, 2026 |
Tentative Allotment | Mon, May 25, 2026 |
Initiation of Refunds | Tue, May 26, 2026 |
Credit of Shares to Demat | Tue, May 26, 2026 |
Tentative Listing Date | Wed, May 27, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Fri, May 22, 2026 |
₹73 to ₹77 per share
Application | Lots | Shares | Amount |
Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,46,400 |
Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,46,400 |
S-HNI (Min) | 3 | 4,800 | ₹3,69,600 |
S-HNI (Max) | 8 | 12,800 | ₹9,85,600 |
B-HNI (Min) | 9 | 14,400 | ₹11,08,800 |
The Vegorama Punjabi Angithi IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the trading platform.
Go to the IPO section to view active IPO listings.
Locate Vegorama Punjabi Angithi IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 1,600 shares) within the price band of ₹73 to ₹77 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The allocation of shares in the Vegorama Punjabi Angithi IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.
Investor Category | Shares Offered | ||
QIB Shares Offered | 23,64,800 | ||
− Anchor Investor Shares Offered | 14,16,000 | ||
− QIB (Ex. Anchor) Shares Offered | 9,48,800 | ||
NII (HNI) Shares Offered | 7,10,400 | ||
− bNII > ₹10L | 4,73,600 | ||
− sNII < ₹10L | 2,36,800 | ||
Retail Shares Offered | 16,57,600 | ||
Firm Reservations | |||
Market Maker Shares Offered | 2,51,200 | ||
Total Shares Offered | 49,84,000 | ||
This reservation structure reflects the categorisation and allocation approach disclosed for the issue, indicating the proportion of shares available to each investor segment.
Total Assets: Grew from ₹5.59 crore in FY23 to ₹24.77 crore as of March 2025.
Total Income: Recorded at ₹102.06 crore in March 2025, as compared to ₹16.91 crore in FY23.
Profit After Tax (PAT): Reported at ₹8.22 crore in March 2025, and ₹0.84 crore in FY23.
Net Worth: Recorded at ₹14.34 crore in March 2025 compared to ₹1.47 crore in FY23.
Reserves & Surplus: Stood at ₹14.29 crore in March 2025, as compared to ₹1.42 crore in FY23.
Total Borrowings: Stood at ₹5.05 crore in March 2025, as compared to ₹0.23 crore in FY23.
EBITDA: Stood at ₹10.86 crore in March 2025 in comparison to ₹1.16 crore in FY23.
The company reported growth in its overall asset base during the reviewed financial period, reflecting business expansion and operational scaling.
Revenue generation showed an upward trend over the same period, supported by the expansion of restaurant operations, cloud kitchen presence, and catering services.
Profitability levels improved during the period under review, indicating changes in operational performance and business activity.
The company’s net worth and internal reserves increased during the financial period, reflecting capital accumulation and retained earnings growth.
Expansion in operations and infrastructure development contributed to higher business activity across multiple service formats, including delivery-focused kitchens and dine-in outlets.
Borrowings increased during the reviewed period, which may be linked to operational expansion, working capital requirements, and investments in new business formats.
Operating performance, as reflected through earnings before interest, taxes, depreciation, and amortisation (EBITDA), recorded growth during the financial period under review.
The company’s focus on cloud kitchens, catering services, and fine-dining expansion may support its operational presence across urban consumption markets, subject to market conditions and execution capabilities.
The company’s operations are concentrated primarily in the Delhi NCR region, which may expose the business to region-specific market conditions, consumer demand changes, and operational challenges.
The business has recorded an increase in borrowings during the reviewed financial period, which may lead to higher financial obligations and repayment requirements in the future.
The company plans to utilise the IPO proceeds towards expanding cloud kitchens, centralised kitchen infrastructure, banquet facilities, and fine-dining operations, which may support operational expansion across additional locations.
Growth in online food delivery adoption, cloud kitchen formats, and demand for organised food service offerings may support the company’s presence in the quick-service restaurant and catering segments, subject to market conditions and execution capabilities.
KPI | Dec 31, 2025 | Mar 31, 2025 |
ROE | 47.93% | 80.39% |
ROCE | 53.73% | 76.03% |
RoNW | 47.93% | 80.39% |
PAT Margin | 8.60% | 8.11% |
EBITDA Margin | 11.81% | 10.72% |
Price to Book Value | - | 6.78 |
Registrar | Lead Manager(s) |
|---|---|
Bigshare Services Pvt. Ltd. | Corporate Makers Capital Ltd. |
B-376, Third Floor, Meera Bagh,
Outer Ring Road
Paschim Vihar,
New Delhi, New Delhi, 110063
Phone: +91-11-46112637
Email: compliance@punjabiangithi.in
Website:https://punjabiangithi.in/
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Vegorama Punjabi Angithi IPO allotment status.
Deepak Chadha is the Managing Director of Vegorama Punjabi Angithi Ltd.
The Vegorama Punjabi Angithi IPO is scheduled to open for subscription on May 20, 2026, and will close on May 22, 2026. The tentative allotment date is May 25, 2026, while the tentative listing date on the SME platform of the BSE is May 27, 2026.
Vegorama Punjabi Angithi Limited operates in the food and beverage industry through its ‘Punjabi Angithi’ brand. The company focuses on vegetarian North Indian cuisine and operates through dine-in restaurants, cloud kitchens, takeaway services, catering operations, and online food delivery. Its business model includes delivery-focused operations and expansion into catering and fine-dining formats. The long-term sustainability of the business may depend on factors such as consumer demand, operating costs, regional expansion, competition within the food service industry, and execution of planned infrastructure investments.
The Vegorama Punjabi Angithi IPO comprises an issue of 49,84,000 shares aggregating up to approximately ₹38.38 crore. The price band for the issue has been fixed at ₹73 to ₹77 per share.
The pre-apply facility allows investors to submit IPO application details before the issue opens for public subscription. The mandate for fund blocking through UPI or ASBA is generally processed once the IPO subscription window becomes active. The facility may help investors complete the application process in advance through their trading or banking platforms.
The lot size for the Vegorama Punjabi Angithi IPO is 1,600 shares. Retail investors are required to apply for a minimum of two lots, which amounts to 3,200 shares. Based on the upper price band of ₹77 per share, the minimum application amount for retail investors is ₹2,46,400.
The tentative basis of allotment for the Vegorama Punjabi Angithi IPO is expected to be finalised on May 25, 2026. Refund initiation and credit of shares to demat accounts are tentatively scheduled for May 26, 2026.
The registrar to the Vegorama Punjabi Angithi IPO is Bigshare Services Pvt. Ltd. The registrar is responsible for processing IPO applications, handling allotment-related activities, and managing investor records for the issue.
No material governance concerns have been publicly highlighted in the available offer documents. Investors may review the RHP and risk factors section for detailed disclosures.
Investors can apply for the IPO through the ASBA facility available via internet banking platforms or through UPI-enabled trading applications. Applicants are required to log in to their trading or banking platform, select the IPO section, choose the Vegorama Punjabi Angithi IPO, enter the bid quantity and price within the specified price band, and approve the UPI mandate or ASBA authorisation before the cut-off time.
Yes, a valid demat account is required to apply for the Vegorama Punjabi Angithi IPO. Shares allotted to investors are credited electronically to the applicant’s demat account after the allotment process is completed.
Investors can check the allotment status through the registrar’s website, the stock exchange platform, or their trading application after the basis of allotment is finalised. If shares are allotted, they will be credited to the investor’s demat account. In case of non-allotment or partial allotment, the blocked amount in the bank account will be released as per the applicable process.
Disclaimer :
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes. The securities are quoted as an example and not as a recommendation. Past performance is not necessarily a guide to future performance.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited
This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading