Vegorama Punjabi Angithi came to market through an SME IPO that opened on 20 May 2026 and closed on 22 May 2026, and the shares listed on 27 May 2026 on BSE SME. The price band was ₹73 to ₹77 per share and one lot was 1600 shares, so the minimum application was ₹1,23,200. The issue size was ₹38.38 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
Bigshare Services Pvt.Ltd was the registrar to the issue, and Corporate Makers Capital Ltd was the lead manager.
As of 22 May 2026.
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Established in March 2022, Vegorama Punjabi Angithi Ltd is a company whose primary business is in the food and beverages sector, running chains of restaurants under the name of 'Punjabi Angithi.' The brand is famous for delivering affordable food products from north Indian cuisine, specifically in the style of Punjabi food, in the form of Quick Service Restaurant (QSR).
Vegorama Punjabi Angithi provides customers with affordable yet high-quality products and has developed a good reputation among its diverse clientele using the dine-in, takeaway, and delivery options. The company focuses on value-for-money service and has made great strides in establishing itself in the urban and semi-urban marketplaces, mainly through capital investments in building new restaurant models, central kitchen facilities, and cloud kitchen facilities. The company currently owns 19 cloud kitchens and two fine-dining restaurants in the Delhi NCR region.
Cloud kitchens are from 400 to 870 square feet in size, whereas the fine-dining restaurant occupies around 2,397 square feet.
As described in the offer document.
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Mr. Deepak Chadha.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Vegorama Punjabi Angithi IPO was a ₹38.38 crore book-built issue, comprising a fresh issue of ₹30.7 crore and an offer for sale of ₹7.68 crore. It was priced at ₹73–₹77 per share with a lot size of 1,600 shares; the minimum retail application was 3,200 shares (₹2,46,400). The IPO was open from May 20 to May 22, 2026 and was subscribed 35.23x.
Shares listed on BSE SME on May 27, 2026 at ₹118.10, a 53.4% premium to the issue price of ₹77. Bigshare Services Pvt. Ltd. is the registrar. Corporate Makers Capital Ltd. is the book running lead manager.
The price band of Vegorama Punjabi Angithi IPO is ₹73 to ₹77 per share.
The lot size of Vegorama Punjabi Angithi IPO is 1600 shares.
The minimum investment for Vegorama Punjabi Angithi IPO is approximately ₹2,46,400 based on the upper price band.
The allotment date of Vegorama Punjabi Angithi IPO is May 25, 2026.
Vegorama Punjabi Angithi IPO's final recorded GMP before listing was ₹7 per share (a 9% premium over the ₹77 upper price band). The shares listed at ₹118.1. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Vegorama Punjabi Angithi IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vegorama Punjabi Angithi IPO allotment status on Rupix for quick and easy access.
₹73 to ₹77 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,23,200. After listing, SME shares also trade in lots rather than one share at a time.
₹1,23,200, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 20 May 2026 and closed on 22 May 2026.
The basis of allotment was published on 25 May 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 27 May 2026 on BSE SME.
The issue size was ₹38.38 crore. The fresh issue was 39,87,200 shares (aggregating up to ₹30.7 crore). The offer for sale was 9,96,800 shares (aggregating up to ₹7.68 crore).