Victory Electric Vehicles International IPO
Victory Electric Vehicles International is an NSE SME IPO listed on the NSE SME platform, priced at ₹41 per share. The stock debuted at ₹34.45. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹2,46,000.
Victory Electric Vehicles International Limited IPO
- IPO Dates
- Jan 7, 2026 – Jan 9, 2026
- Price band
- ₹41 per equity share
- Minimum Investment
- ₹2,46,000
- Issue size
- ₹34.56 Cr
- Lot size
- 3000
- Allotment Date
- Jan 12, 2026
- Listing
- Jan 14, 2026
- Listing At
- NSE SME
IPO timeline
-
Jan 7, 2026
Open Date
Completed
-
Jan 9, 2026
Close Date
Completed
-
Jan 12, 2026
Allotment Date
Completed
-
Jan 14, 2026
Listing Date
Completed
Victory Electric Vehicles International IPO Subscription Details
View Subscription DetailsVictory Electric Vehicles International IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Victory Electric Vehicles International IPO Essentials
Victory Electric Vehicles International IPO Details
Victory Electric Vehicles International IPO is priced at ₹41 per share with a total issue size of 34.56 crore. The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹41 per equity share
- Lot size
- 3000 shares
- Face value
- ₹5 Per Equity Share
- Issue size
- 84,30,000 shares(agg. up to ₹34.56 Cr)
- Total issue size
- 84,30,000 shares
(aggregating up to ₹34.56 crore) - Fresh issue
- 84,30,000 shares
(aggregating up to ₹34.56 crore) - Listing at
- NSE SME
- List price
- 34.45
- Listing date
- Registrar
- Maashitla Securities Private Limited
- Lead manager
-
Corpwis Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 6000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 6000 | ₹2,46,000 |
| Individual(max) | 2 | 6000 | ₹2,46,000 |
| sHNI(min) | 3 | 9000 | ₹3,69,000 |
Victory Electric Vehicles International IPO Reservation
Victory Electric Vehicles International IPO reservation details show category-wise allocation of shares. Out of the total 8430000 shares, approximately 47.47% for NII, 47.51% for retail investors, and 5.02% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 423000 (5.02%) | |
| NII (HNI) Shares Offered | 4002000 (47.47%) | 445 |
| Individual Shares Offered | 4005000 (47.51%) | 668 |
| Total Shares Offered | 8430000 (100%) |
Victory Electric Vehicles International IPO Analytics
Victory Electric Vehicles International IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Victory Electric Vehicles International IPO Subscription Status
Victory Electric Vehicles International IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 1x, indicating moderate demand across investor categories.
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 40,02,000 | 40,05,000 | 80,07,000 |
|
Day 1
07-01-26 05:00 PM
|
(0.18) x | 0.38 x | 0.28 x |
|
Day 2
08-01-26 05:00 PM
|
(0.19) x | 0.65 x | 0.42 x |
|
Day 3
09-01-26 05:00 PM
|
(0.38) x | 0.99 x | 1.00 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 698 (Approx) | 0x | 0x | 0.99x |
Victory Electric Vehicles International Valuations
Returns
- ROE
- 42.10%
- ROCE
- 31.27%
- RoNW
- 42.11%
- PAT Margin
- 10.17%
Fundamentals
- Debt / Equity
- 0.62
- Price / Book
- 4.32
- Market Cap
- 98.77 Cr.
Victory Electric Vehicles International Financials( In Crs.)
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 33.19 | 31.29 | 21.94 | 19.17 |
| Revenue | 16.90 | 51.06 | 48.76 | 52.14 |
| Profit After Tax | 1.62 | 5.17 | 4.89 | 0.79 |
| Net Worth | 16.50 | 14.87 | 9.70 | 4.24 |
| Reserves & Surplus | 8.67 | 7.04 | 7.09 | 2.20 |
| Total Borrowing | 4.85 | 9.29 | 5.30 | 2.90 |
Victory Electric Vehicles International Company & Offer Insights
About Victory Electric Vehicles International
Incorporated in October 2018, Victory Electric Vehicles International Limited is engaged in designing, manufacturing, and marketing electric vehicles.
The company offers green and sustainable mobility solutions by providing a diversified portfolio of electric two-wheelers, three-wheelers, and commercial vehicles. Victory Electric Vehicles International Limited works towards supporting the world's transition to green energy by encouraging the use of electric transportation.
The company provides products from E-rickshaws, E-Cargo/Loader E-rickshaws, Scooters, etc.The portfolio exceeds the traditional models to encompass tailormade E-Three Wheelers, aimed at meeting tailored needs like Food Three Wheelers and Ice Cream Three Wheelers etc.It combines cutting-edge technologies in vehicles, including lithium-ion battery sets, optimized electric drives, and intelligent connectivity functionality.
It appeals to both regional and global markets, aiming at delivering dependable performance, affordable cost of ownership, and low emissions.Victory Electric Vehicles International Limited is committed to a greener and cleaner tomorrow, joining the world in its drive to cut carbon emissions and reduce fossil fuel reliance.
Victory Electric Vehicles International Promoter(s)
Sanjay Kumar Popli, Seema and Palak Poply are the company's promoters of Victory Electric Vehicles International.
Victory Electric Vehicles International IPO Issue Objectives
- •
- Capital Expenditure
- •
- Working Capital Requirement
- •
- General Corporate Purposes
Contact Information
Contact Details
Victory Electric Vehicles International
+91 9643108966
http://www.victoryevehilceindia.com/
Plot no 6, Second Floor, A-5, Maa Bhagwati Apartment,Paschim Vihar New Delhi-110063
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Victory Electric Vehicles International IPO is a Fixed Priced IPO worth ₹34.56 crore. The issue price is ₹41 per share (fixed price). The IPO opens on Jan 7, 2026 and closes on Jan 9, 2026. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.
The issue price of Victory Electric Vehicles International IPO is ₹41 per share (fixed price).
The lot size of Victory Electric Vehicles International IPO is 3000 shares.
The minimum investment for Victory Electric Vehicles International IPO is approximately ₹2,46,000 based on the issue price .
Victory Electric Vehicles International IPO opens on Jan 7, 2026 and closes on Jan 9, 2026.
The allotment date of Victory Electric Vehicles International IPO is Jan 12, 2026.
Victory Electric Vehicles International IPO is expected to be listed on Jan 14, 2026, on NSE SME Platform.
Victory Electric Vehicles International IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 4.32, RoNW 42.11%, and market cap 98.77 Cr.
To apply for Victory Electric Vehicles International IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Victory Electric Vehicles International IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Victory Electric Vehicles International IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Victory Electric Vehicles International IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Victory Electric Vehicles International IPO allotment status on IPO Ji for quick and easy access.