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The Vegorama Punjabi Angithi Ltd. IPO opened for subscription on May 20, 2026, marking the company’s entry into the SME public market segment. The company operates in the food and restaurant industry and plans to utilise the IPO proceeds for expansion of banquet facilities, cloud kitchens, and centralised kitchen infrastructure.
The IPO is a combination of fresh issue and offer for sale aggregating to ₹38.38 Crores. The issue is offered through the book-building route with a price band of ₹73 to ₹77 per share and a face value of ₹10 per equity share.
The Vegorama Punjabi Angithi Ltd. IPO witnessed moderate participation across investor categories on the first day of bidding. Retail investors led the subscription activity, while institutional and non-institutional participation remained gradual during the early phase.
On Day 1, the Vegorama Punjabi Angithi Ltd. IPO was subscribed 0.55× overall.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIBs ex-anchors) |
0.41× |
Non-Institutional Investors (NIIs) |
0.48× |
Retail Individual Investors (RIIs) |
0.67× |
Employee Reserved |
0.01× |
Total |
0.55× |
The retail investor category recorded the highest participation on the opening day, while institutional and non-institutional investor categories also showed moderate bidding activity.
The IPO price band has been fixed between ₹73 and ₹77 per share. Investors can apply for a minimum of 1 lot comprising 1,600 shares.
At the upper end of the price band, the application amount for one lot is ₹1,23,200. Certain investor categories may require a higher application size based on applicable SME IPO bidding requirements.
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Minimum) |
1 |
1,600.00 |
₹1,23,200 |
S-HNI (Minimum) |
2 |
3,200 |
₹2,46,400 |
The IPO follows the SME lot-based bidding structure.
For detailed insights about the company, issue particulars, and the latest updates, visit the Vegorama Punjabi Angithi IPO on Bajaj Markets.
The IPO timeline includes the following key dates:The IPO timeline highlights the important dates related to subscription, allotment, refunds, and listing.
| Event | Date | Details |
|---|---|---|
IPO Open Date |
May 20, 2026 |
Issue opens for subscription |
IPO Close Date |
May 22, 2026 |
Final day to submit bids |
Basis of Allotment |
May 25, 2026 |
Allotment finalisation |
Initiation of Refunds |
May 26, 2026 |
Refund process begins |
Credit of Shares to Demat |
May 26, 2026 |
Shares credited to Demat accounts |
Listing Date |
May 27, 2026 |
Proposed SME listing |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the IPO through ASBA-enabled bank accounts or UPI-supported broker platforms.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Vegorama Punjabi Angithi Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Vegorama Punjabi Angithi Ltd. IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner
Anshika brings 7+ years of experience in stock market operations, project management, and investment banking processes. She has led cross-functional initiatives and managed the delivery of digital investment portals. Backed by industry certifications, she holds a strong foundation in financial operations. With deep expertise in capital markets, she connects strategy with execution, ensuring compliance to deliver impact.
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