Victory Electric Vehicles International IPO Deatils
Victory Electric Vehicles International
Offer Price₹41 Lot Size3,000 Listing Price ₹34 (-15.98% ▼) Subscription1.27x Offer Time07 jan to 9 jan
Listed
Victory Electric Vehicles International Ipo Deatils : Gmp, Subscription, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
IPO Details
| IPO Date | 7 to 9 Jan, 2026 |
| Listing Date | Wed, Jan 14, 2026 |
| Face Value | ₹ 5 per share |
| Issue Price | ₹ 41 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 84,30,000 shares (agg. up to ₹ 35 Cr) |
| Reserved for Market Maker | 4,23,000 shares (agg. up to ₹ 2 Cr) Alacrity Securities Ltd. |
| Net Offered to Public | 80,07,000 shares (agg. up to ₹ 33 Cr) |
| Share Holding Pre Issue | 1,56,60,000 shares |
| Share Holding Post Issue | 2,40,90,000 shares |
Subscription
| Anchor | 1.00x |
| NII | 0.91x |
| Individual | 0.99x |
| Total | 1.27x |
Important Date
| IPO Open | Wed, Jan 7, 2026 |
| IPO Close | Fri, Jan 9, 2026 |
| Allotment | Mon, Jan 12, 2026 |
| Refund | Tue, Jan 13, 2026 |
| Credit of Shares | Tue, Jan 13, 2026 |
| Listing | Wed, Jan 14, 2026 |
Day Wise GMP
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|
| 11-01-2026 | ₹41.00 | ₹0.00 — | 0.27 | ₹41.00 | ₹0.00 | 23:54 |
| 10-01-2026 | ₹41.00 | ₹0.00 — | 0.27 | ₹41.00 | ₹0.00 | 00:03 |
| 08-01-2026 | ₹41.00 | ₹0.00 — | 0.37 | ₹41.00 | ₹0.00 | 23:41 |
Day Wise Subscribe
| Date | Anchor | NII | Total |
| 11 Jan | 1x | 0.91x | 0.27x |
| 10 Jan | 1x | 0.91x | 0.27x |
| 08 Jan | 1x | 0.09x | 0.37x |
IPO Lot Size
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 6,000 | ₹2,46,000 |
| Individual investors (Retail) (Max) | 2 | 6,000 | ₹2,46,000 |
| HNI (Min) | 3 | 9,000 | ₹3,69,000 |
IPO Reservation
| Category | Shares Offered |
| Market Maker Shares Offered | 4,23,000 (5.02%) |
| NII (HNI) Shares Offered | 40,02,000 (47.47%) |
| Retail Shares Offered | 40,05,000 (47.51%) |
| Total Shares Offered | 84,30,000 (100.00%) |
About Company
| Company Overview | Incorporated in October 2018, Victory Electric Vehicles International Limited designs, manufactures, and distributes electric vehicles. |
| Business Focus | The company provides sustainable and eco-friendly mobility solutions by offering a wide range of electric two-wheelers, three-wheelers, and commercial vehicles. |
| Mission | To contribute to the global shift towards green energy by promoting the adoption of electric transportation. |
| Product Range | E-rickshaws, E-Cargo / Loader E-rickshaws, Scooters, and other electric vehicles. |
| Customized Solutions | Customized E-Three Wheelers catering to specific needs such as Food Three Wheelers and Ice Cream Three Wheelers. |
| Technology Integration | Advanced technologies such as lithium-ion battery systems, efficient electric drivetrains, and smart connectivity features. |
| Market Presence | Serves both domestic and international markets. |
| Value Proposition | Reliable performance, cost-effective ownership, and minimal environmental impact. |
| Vision | Envisions a cleaner and greener future by reducing carbon emissions and dependence on fossil fuels. |
Objective of IPO
| Issue Objects | Estimated Amount (₹ Cr.) |
| Capital Expenditure | 5.00 |
| Working Capital Requirement | 18.00 |
| General Corporate Purposes | 6.78 |
Financial Report
| Financial Metric | Value |
| ROE | 42.10% |
| ROCE | 31.27% |
| Debt / Equity | 0.62 |
| RoNW | 42.11% |
| PAT Margin | 10.17% |
| EBITDA Margin | 15.32% |
| Price to Book Value | 4.32 |