Vegorama Punjabi Angithi Ltd.
SMEPrice Range
₹73–77
Issue Size
₹ 27 Cr
Lot Size
3200 Shares
Min. Investment
₹ 2,33,600
Financial Summary
(in crores)| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Operating Revenue | 10,130.52 | 6,594.59 |
| Other Income | 75.27 | 42.21 |
| Total Income | 10,205.79 | 6,636.8 |
| Total Expenses | 9,034.24 | 5,987.24 |
| Profit Before Tax | 1,096.31 | 622.15 |
| Total Profit | 822.04 | 464.13 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
20 May 2026
IPO Offer Ends
22 May 2026
Listing Date
27 May 2026
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Capital Expenditure for construction of banquet and fine dine restaurant | 118.248 |
| 2 | Capital Expenditure for construction of centralized kitchen | 42.66 |
| 3 | Capital Expenditure for roll out new cloud kitchen | 49.346 |
| 4 | Capital Expenditure for upgradation of the existing cloud kitchen facilities | 22.986 |
| 5 | General Corporate Purposes | 33 |
Promoters
Promoter Shareholding
Pre-IPO
99.40%
Promoter stake
Post-IPO
69.55%
Promoter stake
Offered to Public
35,68,000
shares
Post Share Capital
1,15,53,200
shares
About the Company
Initially, we operated as a cloud kitchen and takeaway service provider, focusing on delivering high-quality vegetarian North Indian and other cuisines directly to customers' homes. By 2020, we established ourselves as one of the prominent players in the cloud kitchen segment, successfully fulfilling thousands of orders across multiple outlets. In 2021, we expanded our operations by including “corporate thali services” targeting bulk orders from the corporates. This marked our entry into institutional catering, diversifying our revenue streams beyond the traditional cloud kitchen and takeaway model. Further in 2022, after shifting our business model from a HUF Firm to a Private Limited Company, we also introduced compact catering solutions for smaller events such as “office parties, team lunches, and home gatherings”, offering flexibility and affordability while further expanding our reach in the catering market. Finally, in 2024, we opened our first fine dining restaurant, offering a premium dining experience with varied dishes, elegant presentation, and impressive ambience.
Use of Proceeds
1. Capital Expenditure for construction of banquet and fine dine restaurant;2. Capital Expenditure for construction of centralized kitchen;3. Capital Expenditure for roll out new cloud kitchens;4. Capital Expenditure for upgradation of the existing cloud kitchen equipment5. General Corporate Purposes