Vegorama Punjabi Angithi debuts at 53% premium, locks 5% upper circuit on BSE SME
The Punjabi-cuisine F&B chain listed at ₹118.10 versus its ₹77 IPO price, a 53.38% premium, then climbed to the ₹124 upper band. The pop dwarfed a modest ₹9 grey market signal, suggesting stronger-than-expected investor appetite for regional restaurant plays on the SME platform.
What happened
Punjabi-cuisine F&B chain Vegorama Punjabi Angithi debuted on BSE SME at ₹118.10 versus ₹77 IPO price, a 53% listing premium, then hit the 5% upper circuit at
Key facts
- IPO price ₹77
- listing price ₹118.10
- 53.38% premium
- upper band ₹124
- GMP ₹9
Why this matters
A 53% listing premium reprices comparable Punjabi/regional F&B chains upward and opens an SME-IPO exit path, making this the moment to revisit valuation anchors on pipeline targets and accelerate conversations with founders eyeing public-market optionality.