{"id":93427,"date":"2026-05-21T09:33:59","date_gmt":"2026-05-21T04:03:59","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=93427"},"modified":"2026-05-21T09:34:01","modified_gmt":"2026-05-21T04:04:01","slug":"vegorama-punjabi-angithi-ipo-gmp-day-2-21-may-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/vegorama-punjabi-angithi-ipo-gmp-day-2-21-may-2026\/","title":{"rendered":"Vegorama Punjabi Angithi IPO GMP Day 2 21 May 2026: Rs 15 GMP Holds 19.5% Implied Premium, Closes Tomorrow, Last Day to Apply"},"content":{"rendered":"<p><strong>The Vegorama Punjabi Angithi IPO<\/strong> is on Day 2 of its three-day subscription window today, 21 May 2026, and closes TOMORROW (22 May 2026) on BSE SME. The grey market premium stands at Rs 13 to Rs 15 today, implying an expected listing price of Rs 90 to Rs 92 &#8212; a 16.9 to 19.5 percent premium over the Rs 77 upper band. IPOGuru confirms the GMP at Rs 15 (19.5% premium, expected listing Rs 92). India IPO confirms GMP at Rs 15 with expected listing Rs 92 (+19.48%). This makes Vegorama Punjabi Angithi the highest-GMP IPO open for subscription this week among Day 1 and Day 2 issues.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a><\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/vegorama-punjabi-angithi-ipo-gmp-day-2-21-may-2026\/#Vegorama_Punjabi_Angithi_IPO_Day_2_Key_Data\" title=\"Vegorama Punjabi Angithi IPO Day 2 Key Data\">Vegorama Punjabi Angithi IPO Day 2 Key Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/vegorama-punjabi-angithi-ipo-gmp-day-2-21-may-2026\/#GMP_Rising_Trend_What_Rs_15_Means_on_Day_2\" title=\"GMP Rising Trend: What Rs 15 Means on Day 2\">GMP Rising Trend: What Rs 15 Means on Day 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/vegorama-punjabi-angithi-ipo-gmp-day-2-21-may-2026\/#Business_Case_Why_the_GMP_Is_Rising\" title=\"Business Case: Why the GMP Is Rising\">Business Case: Why the GMP Is Rising<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/vegorama-punjabi-angithi-ipo-gmp-day-2-21-may-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/vegorama-punjabi-angithi-ipo-gmp-day-2-21-may-2026\/#What_is_the_Vegorama_Punjabi_Angithi_IPO_GMP_on_Day_2\" title=\"What is the Vegorama Punjabi Angithi IPO GMP on Day 2?\">What is the Vegorama Punjabi Angithi IPO GMP on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/vegorama-punjabi-angithi-ipo-gmp-day-2-21-may-2026\/#Is_today_the_last_day_to_apply_for_Vegorama_Punjabi_Angithi_IPO\" title=\"Is today the last day to apply for Vegorama Punjabi Angithi IPO?\">Is today the last day to apply for Vegorama Punjabi Angithi IPO?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Vegorama_Punjabi_Angithi_IPO_Day_2_Key_Data\"><\/span><strong>Vegorama Punjabi Angithi IPO Day 2 Key Data<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><ul class=\"wp-block-list\"><li><strong>Subscription Day: <\/strong>Day 2 of 3 (Penultimate day)<\/li>\n\n<li><strong>Open Date: <\/strong>20 May 2026<\/li>\n\n<li><strong>Close Date: <\/strong>22 May 2026 (TOMORROW &#8212; LAST DAY)<\/li>\n\n<li><strong>Allotment: <\/strong>25 May 2026<\/li>\n\n<li><strong>Listing: <\/strong>27 May 2026 on BSE SME<\/li>\n\n<li><strong>Price Band: <\/strong>Rs 73 to Rs 77 per share<\/li>\n\n<li><strong>Issue Size: <\/strong>Rs 38.38 crore (Fresh 39.87L + OFS 9.96L = 49.84L shares)<\/li>\n\n<li><strong>Lot Size: <\/strong>1,600 shares | Minimum Retail: 3,200 shares = Rs 2,46,400<\/li>\n\n<li><strong>GMP Day 2 (IPOGuru): <\/strong>Rs 15 (19.5% premium, expected listing Rs 92)<\/li>\n\n<li><strong>GMP History: <\/strong>Rs 0 on 15 May, Rs 13 on 18 May, Rs 15 on 21 May (rising trend)<\/li>\n\n<li><strong>Day 2 Subscription: <\/strong>0x (data building &#8212; early hours standard for SME)<\/li>\n\n<li><strong>Anchor Investors: <\/strong>Rs 10.90 crore raised on 19 May 2026<\/li><\/ul><p>Track Vegorama Punjabi Angithi IPO subscription live on the <a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"GMP_Rising_Trend_What_Rs_15_Means_on_Day_2\"><\/span><strong>GMP Rising Trend: What Rs 15 Means on Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The Vegorama Punjabi Angithi GMP has risen from Rs 0 (15 May) to Rs 13 (18 May) to Rs 15 (today, 21 May) &#8212; a rising trend over six days. A rising GMP during the subscription period, especially before QIB data is visible, suggests genuine grey market demand for the cloud kitchen QSR growth story. At Rs 15 GMP on the Rs 77 upper band: expected listing Rs 92, potential gain of Rs 15 x 3,200 shares (minimum lot) = Rs 48,000 on Rs 2,46,400 investment &#8212; a 19.5 percent return in 6 days (application to listing 22 to 27 May).<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_Case_Why_the_GMP_Is_Rising\"><\/span><strong>Business Case: Why the GMP Is Rising<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Vegorama Punjabi Angithi operates 27 cloud kitchens and 2 fine-dining restaurants in Delhi NCR under the Punjabi Angithi brand with 91 percent revenue from Swiggy and Zomato platforms. FY25 revenue grew 52.3 percent to Rs 75.09 crore and FY25 PAT grew 72.7 percent to Rs 9.98 crore with RoNW of 57.44 percent. The anchor investor participation of Rs 10.90 crore on 19 May confirms institutional validation. At 15.39x PE at issue price, the stock is attractively priced versus QSR sector peers. Closes TOMORROW. Apply today (Day 2) for best chance of full allotment before Day 3 rush.<\/p><ul class=\"wp-block-list\"><li><strong>FY25 Revenue: <\/strong>Rs 75.09 crore (+52.3% YoY) | FY25 PAT: Rs 9.98 crore (+72.7% YoY)<\/li>\n\n<li><strong>RoNW: <\/strong>57.44% | PE: 15.39x at issue price | Anchor: Rs 10.90 crore raised<\/li>\n\n<li><strong>Key Risk: <\/strong>91% revenue from Swiggy and Zomato (platform dependency). OFS component (9.96L shares).<\/li><\/ul><p>Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or the <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get daily stock recommendations and insightful research pieces on Vegorama Punjabi Angithi IPO Day 2 live subscription and GMP on Univest!<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Vegorama_Punjabi_Angithi_IPO_GMP_on_Day_2\"><\/span><strong>What is the Vegorama Punjabi Angithi IPO GMP on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Ans. <\/strong>The Vegorama Punjabi Angithi IPO GMP is Rs 15 on Day 2 (21 May 2026) per IPOGuru, implying an expected listing price of Rs 92 &#8212; a 19.5 percent premium over the Rs 77 upper band. The GMP has risen from Rs 0 on 15 May to Rs 13 on 18 May to Rs 15 today, showing a consistent upward trend.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_today_the_last_day_to_apply_for_Vegorama_Punjabi_Angithi_IPO\"><\/span><strong>Is today the last day to apply for Vegorama Punjabi Angithi IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Ans. <\/strong>No, tomorrow 22 May 2026 is the last day. Today (21 May) is Day 2. Apply today through your broker app to leave time for UPI mandate approval. Allotment is 25 May, listing is 27 May on BSE SME.<\/p><p><\/p>","protected":false},"excerpt":{"rendered":"<p>The Vegorama Punjabi Angithi IPO is on Day 2 of its three-day subscription window today, 21 May 2026, and closes TOMORROW (22 May 2026) on BSE SME. The grey market premium stands at Rs 13 to Rs 15 today, implying an expected listing price of Rs 90 to Rs 92 &#8212; a 16.9 to 19.5<\/p>\n","protected":false},"author":34,"featured_media":93428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[4023],"class_list":["post-93427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo-gmp-day-2"],"metadata":{"_edit_lock":["1779336261:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["77"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"rank_math_title":["Vegorama Punjabi Angithi IPO GMP Day 2 21 May 2026: Rs 15 GMP, 19.5% Premium, Closes Tomorrow"],"rank_math_description":["Vegorama Punjabi Angithi IPO Day 2 (21 May 2026): GMP Rs 15 (19.5% premium, Rs 92 expected listing). Closes TOMORROW 22 May on BSE SME. Price band Rs 73-77, Rs 38.38 crore cloud kitchen QSR issue."],"rank_math_focus_keyword":["Vegorama Punjabi Angithi IPO"],"_thumbnail_id":["93428"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["12627"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/05\/21093313\/Vegorama-Punjabi-Angithi-IPO-1.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/93427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=93427"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/93427\/revisions"}],"predecessor-version":[{"id":93429,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/93427\/revisions\/93429"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/93428"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=93427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=93427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=93427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}