Vegorama Punjabi Angithi SME IPO Subscription Status
Vegorama Punjabi Angithi SME IPO closed on 22 May 2026 with an overall subscription of 35.23x based on shares applied. QIB demand came in at 26.46x, NII at 64.28x, and retail at 27.79x.
Allotment will be finalised on 25 May 2026. The stock is scheduled to list on NSE and BSE on 27 May 2026.
Issue Price
Rs 77.00
GMP Today
Rs 9.00 (+11.69%)
Overall Subscription
35.23x
Issue Size
₹38.38 Cr
Allotment Date
25 May 2026
Listing Date
27 May 2026
Vegorama Punjabi Angithi SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 77.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 7.31 Cr | Rs 193.33 Cr | 26.46x |
| FII | - | Rs 16.02 Cr | - |
| DFI | - | Rs 3.70 L | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 177.27 Cr | - |
| NII | Rs 5.47 Cr | Rs 351.64 Cr | 64.28x |
| bNII (above Rs 10L) | Rs 3.65 Cr | Rs 284.56 Cr | 78.03x |
| Corporate | - | Rs 17.90 Cr | - |
| Individual | - | Rs 263.99 Cr | - |
| Other | - | Rs 2.66 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.82 Cr | Rs 67.08 Cr | 36.79x |
| Corporate | - | Rs 92.40 L | - |
| Individual | - | Rs 63.24 Cr | - |
| Other | - | Rs 2.92 Cr | - |
| IND | Rs 12.76 Cr | Rs 354.69 Cr | 27.79x |
| Fixed price | - | Rs 354.69 Cr | - |
| Total | Rs 25.54 Cr | Rs 899.66 Cr | 35.23x |
Vegorama Punjabi Angithi SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 593 | 26 | 0.04x |
| FII | - | 1 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | - | - |
| Other | - | 24 | - |
| NII | 148 | 4,279 | 28.91x |
| bNII (above Rs 10L) | 99 | 2,546 | 25.72x |
| Corporate | - | 145 | - |
| Individual | - | 2,377 | - |
| Other | - | 24 | - |
| sNII (Rs 2L to Rs 10L) | 49 | 1,733 | 35.37x |
| Corporate | - | 25 | - |
| Individual | - | 1,629 | - |
| Other | - | 79 | - |
| IND | 518 | 14,395 | 27.79x |
| Fixed price | - | 14,395 | - |
| Total | 1,259 | 18,700 | 14.85x |
What Do These Subscription Numbers Mean?
A subscription of 35.23x by shares means the IPO received bids for 35 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 26.46x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 26.46x, it reflects serious institutional conviction.
NII at 28.91x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 25.72x and sNII at 35.37x by applications. Share subscription was 64.28x. Allotment uses application count, not share volume.
At 27.79x subscription by applications, approximately 1 in 28 retail applicants can expect an allotment (~4% per application). Retail allotment is done by lottery when oversubscribed.
Vegorama Punjabi Angithi SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 27.79x.
- •Allotment odds: about 1 in 28 (~4% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 35.37x.
- •Allotment odds: about 1 in 35 for a minimum-lot application (~3% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 36.79x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 25.72x.
- •Allotment odds: about 1 in 26 for a minimum-lot application (~4% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 78.03x. Allotment uses application count, not share volume.
Check the Vegorama Punjabi Angithi SME IPO Allotment Status page from 25 May 2026 for your allotment result.
Vegorama Punjabi Angithi SME IPO GMP After Subscription
GMP for Vegorama Punjabi Angithi SME stands at Rs 9.00 today, giving an estimated listing price of Rs 86.00 per share.
A subscription of 35.23x combined with a GMP of 11.69% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Vegorama Punjabi Angithi SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Vegorama Punjabi Angithi SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 20 May 2026 | 0.69x | 2.09x | 1.61x | 1.45x |
| Day 2 - 21 May 2026 | 0.84x | 9.24x | 4.47x | 4.45x |
| Day 3 - 22 May 2026 | 26.46x | 63.93x | 27.79x | 35.15x |
Vegorama Punjabi Angithi SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 20 May 2026 |
| IPO Close Date | 22 May 2026 |
| Allotment Date | 25 May 2026 |
| Refund Initiation | 26 May 2026 |
| Share Credit to Demat | 26 May 2026 |
| Listing Date | 27 May 2026 |
| Minimum Investment | Rs 2,46,400.00 |
| Lot Size | 1600 shares |
About Vegorama Punjabi Angithi SME
Vegorama Punjabi Angithi Limited, incorporated in 2022, operates a popular and fast-growing casual dining and delivery restaurant chain under the 'Punjabi Angithi' brand. Specializing in affordable, high-quality vegetarian North Indian and traditional Punjabi cuisine, the company primarily functions via a tech-enabled Quick Service Restaurant (QSR) and cloud kitchen hybrid blueprint. As of early 2026, the company manages a network of 19 operational cloud kitchen setups and 2 prime fine-dining hubs across the highly profitable Delhi-NCR zone, fulfilling consumption demand via major aggregators (Swiggy, Zomato) alongside direct proprietary delivery setups.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Vegorama Punjabi Angithi SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Vegorama Punjabi Angithi SME IPO Allotment Status
Check allotment result on allotment date
Vegorama Punjabi Angithi SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Vegorama Punjabi Angithi SME IPO Subscription FAQs
What is Vegorama Punjabi Angithi SME IPO subscription status today?
Vegorama Punjabi Angithi SME IPO subscription closed on 22 May 2026 with overall subscription of 35.23x (by shares) as of 17 July 2026, 2:01 AM IST. QIB 26.46x, NII 28.91x, IND 27.79x.
What is the overall subscription of Vegorama Punjabi Angithi SME IPO?
Vegorama Punjabi Angithi SME IPO is subscribed 35.23x overall by shares at close on 22 May 2026. QIB 26.46x, NII 28.91x, and IND 27.79x.
What is Vegorama Punjabi Angithi SME IPO QIB subscription?
Vegorama Punjabi Angithi SME IPO QIB (Qualified Institutional Buyers) subscription is 26.46x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Vegorama Punjabi Angithi SME IPO IND subscription?
Vegorama Punjabi Angithi SME IPO IND subscription is 27.79x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Vegorama Punjabi Angithi SME IPO NII subscription?
Vegorama Punjabi Angithi SME IPO NII (Non-Institutional Investors) subscription is 28.91x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Vegorama Punjabi Angithi SME IPO for retail?
At 27.79x subscription by applications, approximately 1 in 28 retail applicants can expect an allotment (~4% per application). Allotment is done by lottery.
When is Vegorama Punjabi Angithi SME IPO allotment date?
Vegorama Punjabi Angithi SME IPO allotment date is 25 May 2026. Check Vegorama Punjabi Angithi SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Vegorama Punjabi Angithi SME IPO subscription close?
Vegorama Punjabi Angithi SME IPO subscription closed on 22 May 2026. No new applications are accepted after the close.
What is Vegorama Punjabi Angithi SME IPO GMP today?
Vegorama Punjabi Angithi SME IPO GMP is ₹9 today (+11.69% over issue price ₹77). See live GMP on the Vegorama Punjabi Angithi SME IPO GMP Today page.
What is Vegorama Punjabi Angithi SME IPO issue price and lot size?
Vegorama Punjabi Angithi SME IPO issue price is ₹77 per share. Lot size is 1600 shares. Minimum investment is ₹2,46,400 per lot (minimum 2 lots for SME). Issue size: ₹38.38 Cr.
When is Vegorama Punjabi Angithi SME IPO listing date?
Vegorama Punjabi Angithi SME IPO listing date is 27 May 2026 on NSE and BSE. Allotment is on 25 May 2026.
How does subscription affect Vegorama Punjabi Angithi SME IPO allotment?
Allotment odds in Vegorama Punjabi Angithi SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 28.91x by applications means roughly 1 in 29 for minimum-lot bids; bNII at 25.72x (~1 in 26). At 35.23x overall, competition is high.
For allotment results from 25 May 2026, visit the Vegorama Punjabi Angithi SME IPO Allotment Status page. For listing day updates on 27 May 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.