Vegorama Punjabi Angithi IPO Subscribed 35.14 Times on Day 3

Vegorama Punjabi Angithi Limited's initial public offering (IPO) closed its three-day subscription window with strong investor interest, reaching 35.14 times overall subscription by 4:59 PM on Day 3 (May 22, 2026). The ₹38.38 crore book-build issue, priced at ₹73 to ₹77 per share, received bids for 11,65,53,600 shares against 33,16,800 shares on offer, with total applications reaching 18,748.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Subscription Status of Vegorama Punjabi Angithi IPO

Here are the subscription details for Vegorama Punjabi Angithi IPO Day 3, as of 4:59 PM:

Key Highlights – Day 3

• Overall subscription surged to 35.14 times on the final day, from Day 2's 4.45 times, driven by a sharp last-day surge across all investor categories.
• Non-institutional investors led at 63.92 times, surging from Day 2's 9.24 times, with bNII at 77.50 times and sNII at 36.77 times, reflecting strong HNI demand for this QSR restaurant chain SME IPO.
• Qualified institutional buyers (ex-anchor) surged to 26.46 times from Day 2's 0.84 times, indicating heavy institutional interest concentrated on the closing day.
• Individual investors surged to 27.77 times from Day 2's 4.47 times.
• Total applications reached 18,748 on Day 3.

Key Highlights – Day 2

• Overall subscription reached 4.45 times, improving from Day 1's 1.45 times.
• Non-institutional investors improved to 9.24 times from Day 1's 2.09 times, with bNII at 10.56 times and sNII at 6.59 times.
• Individual investors improved to 4.47 times from Day 1's 1.61 times.
• Qualified institutional buyers (ex-anchor) improved to 0.84 times from Day 1's 0.69 times.

Key Highlights - Day 1

• Overall subscription reached 1.45 times on Day 1 (May 20, 2026), reflecting strong initial investor interest in this QSR restaurant chain SME IPO.
• Non-institutional investors led opening participation at 2.09 times, with bNII at 2.52 times and sNII at 1.24 times on Day 1.
• Individual investors crossed full subscription at 1.61 times on Day 1.
• Qualified institutional buyers (ex-anchor) recorded 0.69 times on Day 1.
• Anchor investors fully subscribed their allocation of ₹10.90 crores on May 19, 2026.

About Vegorama Punjabi Angithi Limited

Incorporated in March 2022, Vegorama Punjabi Angithi Limited operates a chain of restaurants under the "Punjabi Angithi" brand in a quick-service restaurant format, offering affordable North Indian Punjabi cuisine through dine-in, takeaway, delivery, and cloud kitchen channels. The company operates 19 cloud kitchens and two fine-dining restaurants in the Delhi NCR area and partners with Swiggy and Zomato for online food delivery. As of February 28, 2026, the company had 306 employees.