Vegorama Punjabi Angithi finalises ₹25.59 cr SME IPO allotment after 35x subscription; lists May 27

Cloud kitchen and corporate thali operator Vegorama Punjabi Angithi closes its ₹25.59 crore BSE SME IPO with 35x overall subscription — 64x NII, 28x retail, 24.46x QIB. Allotment finalises May 25 via Bigshare Services; listing tentatively May 27 with GMP signalling 8% premium over the ₹77 issue price.

— Source publishedMon, 25 May, 2026, 17:53 IST·First seen Mon, 25 May, 2026, 17:59 IST·Source Mint · Markets

What happened

Cloud kitchen and corporate thali operator Vegorama Punjabi Angithi's ₹25.59 crore SME IPO finalises allotment May 25, after 35x subscription. Listing on BSE

Key facts

  • ₹25.59 crore
  • 35x subscribed
  • 64x NII
  • 28x retail
  • 24.46x QIB
  • ₹77 price band
  • GMP ₹6
  • 8% premium

Why this matters

A 35x-subscribed SME IPO at 8% premium sets a fresh comp for cloud-kitchen and thali-format M&A multiples — refresh your peer valuation deck and revisit any stalled tuck-in conversations with regional thali or corporate-catering operators.