Vegorama Punjabi Angithi Ltd., incorporated in 2022, operates a fast-growing chain of restaurants under the popular “Punjabi Angithi” brand. The company focuses on affordable North Indian (Punjabi-style) vegetarian food, serving customers through dine-in, takeaway, and delivery formats.
Its business model is built around a mix of quick-service restaurants and cloud kitchens, enabling a wide reach with relatively lower operating costs. As of February 2026, the company operates 19 cloud kitchens and 2 fine-dining outlets across the Delhi-NCR region, supported by a workforce of over 300 employees.
The brand has gained strong traction among urban consumers by offering value-for-money meals, consistent quality, and convenient access through online food platforms. It is also expanding into catering and planning further growth through new outlets, centralized kitchens, and banquet-style formats.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 17,84,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 5,35,200 crores |
| Retail Individual Investors (RIIs) | 35% | 12,48,800 crores |
Vegorama Punjabi Angithi’s total income 0.00 by 0.00% and total expenses 9,034.24 by 50.89%, resulting in an EBITDA 1,171.55 by 80.36% and a profit after tax (PAT) 0.00 by 0.00% between March 31, 2025 and March 31, 2026.
9,034.2431 March 2026 | 5,987.2431 March 2025 | 1,572.2831 March 2024 |
1,171.5531 March 2026 | 649.5631 March 2025 | 118.3231 March 2024 |
9,034.24
8,131
7,227
6,324
5,421
4,517
3,614
2,710
1,807
903
0.00
Strong brand presence in the affordable QSR segment.
Asset-light cloud kitchen model supporting scalable growth.
Multiple revenue streams: dine-in delivery takeaway and catering.
Strategic outlet locations in high-demand urban areas.
Consistent menu innovation with value-driven pricing.
Experienced management and growing financial performance.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 25 May '26 | -- | 26 May '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 35,68,000 shares (aggregating up to ₹2,46,400 crores) |
| Fresh Issue | 3,73,600 shares (aggregating up to ₹37,36,000 crores) |
| Offer for Sale | 99,680 shares of ₹10 (aggregating up to ₹9,96,800 crores) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 99.4 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Vegorama Punjabi Angithi ipo has been designed to ensure broad participation while maintaining optimal price discovery.
B-376 Third Floor Meera Bagh Outer Ring Road New Delhi
Bigshare Services Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| Corporate Makers Capital Ltd |