Victory Electric Vehicles International Limited IPO
NSE SMEOffer Date: May 20, 2025 - May 23, 2025
₹ 115200 /1600 Shares
20 May, 2025
Open Date23 May, 2025
Close Date26 May, 2025
Allotment Date28 May, 2025
Listing DateIssue Price
₹72 per equity shareFace Value
₹5 Per Equity ShareListing at Group
NSE SMERegistrar
Maashitla Securities Private LimitedMarket Lot
1600 Shares (₹115,200/-)Lead Manager
Corpwis Advisors Private LimitedIssue Size
56,47,000 shares(aggregating up to ₹40.66 Cr)Retail Portion
50%Subscription
N/A timesVictory Electric Vehicles International IPO Details
Victory Electric Vehicles International Limited IPO is an SME IPO, priced at ₹72 per equity share. The equity shares have a face value of ₹5 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 56,47,000 equity shares, aggregating up to ₹40.66 crores..
The IPO bidding window is open from May 20, 2025 to May 23, 2025. The allotment is expected to be finalized on May 26, 2025, and the tentative listing date is May 28, 2025.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,15,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,30,400.
Corpwis Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Alacrity Securities Ltd. will act as the market maker for this issue.
Victory Electric Vehicles International Valuations
EPS Pre IPO
₹3.12/-EPS Post IPO
₹2.44/-P/E Pre IPO
23.05P/E Post IPO
29.57ROE
70.19%ROCE
44.78%Debt/Equity
0.55RoNW
70.19%PAT Margin
10.10Price to Book Value
1.94Victory Electric Vehicles International Company Financials All values are in ₹ Cr.
| 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 37.55 | 21.94 | 19.17 | 20.82 |
| Revenue | 39.68 | 48.76 | 52.14 | 48.14 |
| Profit After Tax | 3.89 | 4.89 | 0.79 | 0.65 |
| Net Worth | 13.59 | 9.70 | 4.24 | 2.78 |
| Reserves & Surplus | 5.76 | 7.09 | 2.20 | 1.41 |
| Total Borrowing | 9.12 | 5.30 | 6.21 | 7.80 |
About The Company
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.
The company had 110 permanent staff as of June 30, 2024.
Victory Electric Vehicles International - Promoter(s)
Pre Issue Share Holding: 97.41%
Post Issue Share Holding: 71.60%
- Sanjay Kumar Popli
- Seema and Palak Poply
Victory Electric Vehicles International IPO - Issue Objectives
- Capital Expenditure
- Working Capital Requirement
- General Corporate Purposes
Other Details
Victory Electric Vehicles International
Plot no 6, Second Floor, A-5, Maa Bhagwati Apartment,Paschim Vihar New Delhi-110063Phone: +91 9643108966
Email: compliance@victoryevindia.com
Website: http://www.victoryevehilceindia.com/
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Victory Electric Vehicles International IPO - FAQs
Ans. Victory Electric Vehicles International Limited IPO is a SME IPO. The issue is priced at ₹72 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on May 20, 2025, and closes on May 23, 2025. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Victory Electric Vehicles International Limited IPO opens on May 20, 2025 and closes on May 23, 2025.
Ans. The size of Victory Electric Vehicles International Limited IPO is 56,47,000 shares(aggregating up to ₹40.66 Cr).
Ans. The IPO price band is set between ₹72 per equity share.
Ans. To apply for Victory Electric Vehicles International Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Victory Electric Vehicles International Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Victory Electric Vehicles International Limited IPO is May 26, 2025.
Ans. The Victory Electric Vehicles International Limited IPO will be listed on May 28, 2025.
Ans. Follow the steps to check the allotment status for Victory Electric Vehicles International Limited IPO here.
