Free Offer
Open Demat FREE
Apply in Victory Electric Vehicles International Ltd IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Victory Electric Vehicles International Ltd IPO
Victory Electric Vehicles International Ltd IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹41
Issue Price
₹41
Face ₹5
GMP
+₹0
+0% premium
Est. Listing
₹41
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹123,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
07 Jan 2026
Wed Completed
Done
Close Date
09 Jan 2026
Fri Completed
Done
Allotment
12 Jan 2026
Mon Completed
Done
Refund
13 Jan 2026
Tue Completed
Done
Demat Credit
13 Jan 2026
Tue Completed
Done
Listing Date
14 Jan 2026
Wed Completed
Issue Details
Pricing & Size
Issue Price
₹41 Face ₹5
Lot Size
3,000 shares
Min Investment
₹123,000
Total Issue Size
84,30,000 shares (agg. up to ₹35 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
4,23,000 (5.02%)
QIB Portion
-
NII / HNI
40,02,000 (47.47%)
Retail
40,05,000 (47.51%)
Employee
-
Net Offer to Public
80,07,000 shares (agg. up to ₹33 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,56,60,000 shares
Post-Issue Shareholding
2,40,90,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 6,000 ₹2,46,000
HNI / NII 3 9,000 ₹3,69,000
Objects of Issue
3 objectives
1
Capital Expenditure
5.00 Cr
2
Working Capital Requirement
18.00 Cr
3
General Corporate Purposes
6.78 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Corpwis Advisors Pvt.Ltd.
Market Maker
Alacrity Securities Ltd
IPO Timeline
Open
07 Jan
✓ Done
Close
09 Jan
✓ Done
Allotment
12 Jan
✓ Done
Listing
14 Jan
✓ Done
Registrar Details
Maashitla Securities Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-11-45121795-96
Email
ipo@mashitla.com
Company Contact
Email
compliance@victoryevindia.com
Phone
9643108966
Address
Plot no 6, Second Floor A-5, Maa Bhagwati Apartment Paschim Vihar West Delhi, New Delhi, 110063
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹41
Est. Listing
₹41
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Victory Electric Vehicles International Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
Loading chart…
Live Chart Not Available
Victory Electric Vehicles International Ltd is not yet listed or data is unavailable.
Chart will appear after listing
| Price
Market Reference
IPO Issue Price
₹41
GMP
+₹0 (+0%)
GMP Est. Listing
₹41
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 40,02,000 (47.47%) ₹1,640.82 Cr
Retail Investors 40,05,000 (47.51%) ₹1,642.05 Cr
Total ** 84,30,000 (100.00%) ₹34,563.00 Cr
Market Maker * 4,23,000 (5.02%) ₹17.34 Cr
* Based on ₹41.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
40,02,000 (47.47%)
Retail
40,05,000 (47.51%)
Market Maker
4,23,000 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202531 Mar 202531 Mar 2024
Revenue16.9051.0648.76
PAT1.625.174.89
EBITDA2.607.796.99
Net Worth16.5014.879.70
Total Assets33.1931.2921.94
Reserves8.677.047.09
Borrowings4.859.295.30
Key Financial Ratios
42.10%
ROE
Return on Equity
31.27%
ROCE
Return on Capital Employed
42.11%
RONW
Return on Net Worth
10.17%
PAT Margin
PAT / Revenue
15.32%
EBITDA Mgn
EBITDA / Revenue
0.62
D/E Ratio
Debt to Equity
4.32
P/BV
Price to Book Value
3.30
Pre EPS
EPS Pre-Issue
1.35
Post EPS
EPS Post-Issue
12.41
Pre P/E
P/E Pre-Issue
30.41
Post P/E
P/E Post-Issue
About Victory Electric Vehicles International Ltd

Incorporated in October 2018, Victory Electric Vehicles International Limited designs, manufactures, and distributes electric vehicles.

The company provides sustainable and eco-friendly mobility solutions by offering a wide range of electric two-wheelers, three-wheelers, and commercial vehicles. Victory Electric Vehicles International Limited aims to contribute to the global shift towards green energy by promoting the adoption of electric transportation.

The company offers products ranging from E-rickshaws, E-Cargo/Loader E-rickshaws, Scooters, etc.

The portfolio extends beyond conventional offerings to include customized E-Three Wheelers, catering to specific needs such as Food Three Wheelers and Ice Cream Three Wheelers etc.

The company integrates advanced technologies into its vehicles, such as lithium-ion battery systems, efficient electric drivetrains, and smart connectivity features.

It caters to both domestic and international markets, striving to offer reliable performance, cost-effective ownership, and minimal environmental impact.

Victory Electric Vehicles International Limited envisions a cleaner and greener future, aligning its mission with global efforts to reduce carbon emissions and dependence on fossil fuels.

Competitive Strength:

  • Geographical presence in 12 states with dealers in all 12 states.
  • Experienced Leadership Backed by a Skilled Professional Team.
  • Robust Financial Performance.
Frequently Asked Questions
What is the issue price of Victory Electric Vehicles International Ltd IPO?
The issue price of Victory Electric Vehicles International Ltd IPO is ₹41 per share, face value ₹5.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹123,000.
What are the IPO dates?
Opens 07 Jan 2026, closes 09 Jan 2026.
When is the listing date?
Tentative listing: 14 Jan 2026 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹41 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Victory Electric Vehicles International Ltd IPO · Expected 12 Jan 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
12 Jan 2026
Refund Initiation
13 Jan 2026
Demat Credit
13 Jan 2026
Listing Date
14 Jan 2026
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹41
Face ₹5
Lot Size
3,000
shares / lot
Min Amount
₹123,000
1 lot
Est. Listing
₹41
GMP +₹0
Key Dates
Open
07 Jan Done
Close
09 Jan Done
Listing
14 Jan Done
Registrar
Maashitla Securities Pvt.Ltd.
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min