Vegorama Punjabi Angithi IPO — Broker Reviews

Healthy GMP of ~₹15 indicates ~19% listing gain potential. Strong revenue growth and improving margins support short-term listing upside, but SME risk remains high.

IPO shows strong QSR business expansion with cloud kitchen model. Valuation reasonable with improving profitability, suitable for listing gains.

Company has strong revenue CAGR and improving EBITDA margins. However, SME IPO category carries higher risk and liquidity constraints.

Aggressive expansion in cloud kitchens and strong brand presence in NCR region support growth outlook. Valuation appears fair for short-term listing gains.