Vegorama Punjabi Angithi Ltd
Initially, we operated as a cloud kitchen and takeaway service provider, focusing on delivering high-quality vegetarian North Indian and other cuisines directly to customers' homes. By 2020, we established ourselves as one of the prominent players in the cloud kitchen segment, successfully fulfilling thousands of orders across multiple outlets. In 2021, we expanded our operations by including "corporate thali services" targeting bulk orders from the corporates. This marked our entry into institutional catering, diversifying our revenue streams beyond the traditional cloud kitchen and takeaway model. Further in 2022, after shifting our business model from a HUF Firm to a Private Limited Company, we also introduced compact catering solutions for smaller events such as "office parties, team lunches, and home gatherings", offering flexibility and affordability while further expanding our reach in the catering market. Finally, in 2024, we opened our first fine dining restaurant, offering a premium dining experience with varied dishes, elegant presentation, and impressive ambience.
Timeline
Subscription
Reports
Offer Details
Terms
Application Sizes
Managers & Registrar
Ownership & Proceeds
Offer for Sale
Shareholding
Objects of the Issue
- Capital Expenditure for construction of banquet and fine dine restaurant
- Capital Expenditure for construction of centralized kitchen
- Capital Expenditure for roll out new cloud kitchen
- Capital Expenditure for upgradation of the existing cloud kitchen facilities
- General Corporate Purposes
Anchor Book
Financials
Profit & Loss
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| RevenueCr | 17 | 66 | 101 | 141 |
| Operating ProfitCr | 1 | 6 | 11 | 16 |
| OPM% | 6.9 | 9.2 | 10.7 | 11.7 |
| PBTCr | 1 | 6 | 11 | 16 |
| PATCr | 1 | 5 | 8 | 12 |
| EPS | 166 | 923 | 1,634 | 10 |
Balance Sheet
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity CapitalCr | 0 | 0 | 0 | 13 |
| ReservesCr | 1 | 6 | 14 | 14 |
| BorrowingsCr | 0 | 4 | 5 | 4 |
| Fixed AssetsCr | - | - | - | 12 |
| Total AssetsCr | 6 | 18 | 25 | 34 |
Cash Flow
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Operating Cash FlowCr | 3 | 7 | 3 | 1 |
| Investing Cash FlowCr | -1 | -6 | -4 | -2 |
| Financing Cash FlowCr | 1 | 4 | 1 | -1 |
| Net Cash FlowCr | 3 | 5 | 0 | -2 |
Strengths & Risks
- Prominent Location of our Cloud Kitchens/ Fine Dine Restaurant.
- Recognised brand in the food industry.
- Attractive offering at competitive prices based on constant menu innovation and customer focus.
- Experienced staff and value-oriented business culture led by our Management.
- Healthy financial position with proven track record of revenue growth and profitability.
- Strong presence on food delivery platforms.
- Quality Food and Services.
- Scalable Business Model.
- Penetrate our presence through establishing new food restaurants/ Quick Service Restaurants in shopping malls and food courts.
- Improving Functional efficiency.
- Centralized Base Kitchen.
- The Company, its Promoters, namely Deepak Chadha, Subash Chander Chadha and Teenu Chadha, and a Promoter Group Entity, namely Deepak Chadha HUF, have received summons from the Office of the Assistant Director of Income Tax (Investigation), New Delhi under Section 246(2) of the Income Tax Act, 2025, in connection with certain financial and related transactions for the financial years 2020-21 to 2024-25.
- If the company is unable to implement its growth strategy successfully including in relation to selecting cities and locations for the company new cloud kitchens and fine dine restaurants its results of operations and financial condition may be adversely affected.
- The company continued operations are critical to its business and any shutdown of the company cloud kitchens and fine dine restaurant may adversely affect the company business, results of operations and financial condition.
- In addition to the company existing indebtedness for its existing operations, the company may incur further indebtedness during the course of business. The company cannot assure that its would be able to service the company existing and/ or additional indebtedness.
- Substantial portion of the company revenues has been dependent upon online food platforms. The loss of any one or more of its major customer or online food platform would have a material effect on its business operations and profitability.
- The company revenues has been significantly dependent on few customers and its inability to maintain such business may have an adverse effect on its results of operations.