Vegorama Punjabi Angithi Ltd - IPO

Vegorama Punjabi Angithi Ltd IPO Details

Initial public issue of up to 49,84,000 equity shares of face value of Rs.10/- each of Vegorama Punjabi Angithi Limited for cash at a issue price of Rs.[*]/- per equity share (Including a premium of Rs. [*]/- per equity share) (Issue Price) aggregating up to Rs.[*] crores comprising of fresh issue of up to 39,87,200 equity shares aggregating to Rs. [*] crores (Fresh Issue) and an offer for sale of upto 9,96,800 equity shares by Deepak Chadha (Selling Shareholder) aggregating to Rs. [*] crores (Offer for Sale) (the Issue) and upto 2,51,200 equity shares at an issue price of Rs. [*] per share aggregating to Rs. [*] crores will be Reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of up to 47,32,800 equity shares of face value of Rs. 10/- each at an Issue price of Rs. [*] per equity share aggregating to Rs. [*] crores (Net Issue). The issue and the net issue will constitute 30% and 28.49% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs.10/- each and the issue price is [*] times of the face value.

Objective of 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.

Vegorama Punjabi Angithi Ltd Contact Details

Vegorama Punjabi Angithi Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@punjabiangithi.in

Website - www.punjabiangithi.in