BSE List Price : ₹

subscription

Category	Times
QIBs	26.46x
HNIs	64.28x
Retail	27.79x
Total : 35.23x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	3,200	₹246,400
Retail Maximum	2	3,200	₹246,400
S-HNI Minimum	3	4,800	₹369,600
S-HNI Maximum	8	12,800	₹985,600
B-HNI Minimum	9	14,400	₹1,108,800

About the Company

Verogama Punjabi Angithi, established in March 2022, is a prominent player in the food and beverage sector. The company runs its restaurant business under the brand name Punjabi Angithi. Through this brand, it serves a variety of North Indian, primarily Punjabi, vegetarian cuisines, offering dine-in, takeaway, and home delivery services through platforms such as Swiggy and Zomato.

Verogama Punjabi has earned recognition for delivering quality food at affordable prices, helping it build a strong footprint across urban as well as semi-urban markets. Going forward, the company aims to further expand its operations by introducing new restaurant models, including cloud kitchens and centralized kitchens. At present, the company operates 19 cloud kitchens ranging from 400 to 870 square feet and 2 fine-dining restaurants with a total area of 2,397 square feet in Delhi.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹1.69	₹15.78	₹0.84	₹5.59
2024	₹6.64	₹60.15	₹4.64	₹18.35
2025	₹10.21	₹91.09	₹8.22	₹24.77

Company Promoter

Mr. Deepak Chadha

Know before investing

• • Strengths

  Strategic Site Identification: The company chooses suitable locations for its cloud kitchens and fine-dining restaurants after evaluating factors such as feasibility, customer traffic, market competition, and overall visibility.

  Creative Menu Offerings with Affordable Pricing: By emphasizing menu innovation, food quality, and evolving customer tastes, the company provides a wide variety of reasonably priced dining options while ensuring consistent quality standards.

• • Risks

  Business Interruption Risk: The company’s operations rely on the smooth functioning of its cloud kitchens and restaurants. Any disruption caused by machinery breakdowns, utility failures, natural calamities, or local disturbances could adversely affect revenue generation and profitability.

  Evolving Consumer Preference Risk: Inability to regularly introduce innovative menu items or adapt promptly to changing customer preferences and food trends could lead to lower customer demand and reduced footfall.

Objects of the Issue & Utilisation of proceeds

Capital Expenditure for construction of banquet and fine dine restaurant.

Capital Expenditure for construction of centralized kitchen.

Capital Expenditure for roll out new cloud kitchen.

Capital Expenditure for upgradation of the existing cloud kitchen facilities.

General Corporate Purposes & Issue Expenses.

Company  Address

Vegorama Punjabi Angithi 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://www.punjabiangithi.in/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshare.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Review

Avoid