Victory Electric Vehicles International Limited IPO
NSE SME₹ 230400 /3200 Shares
*Min Investment
TBA
Open DateTBA
Close DateTBA
Allotment Date19 May, 2025
Listing DateVictory Electric Vehicles International IPO Issue Details
- Issue Price ₹72 per equity share
- Face Value ₹5 Per Equity Share
- Total Issue Size 56,47,000 shares(aggregating up to ₹40.66 crore)
- Fresh Share 56,47,000 shares(aggregating up to ₹40.66 crore)
- Listing at NSE SME
- Lead Manager Corpwis Advisors Private Limited
- Registrar Maashitla Securities Private Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,15,200 |
| Retail(max) | 1 | 1600 | ₹1,15,200 |
| NII (min) | 2 | 3,200 | ₹2,30,400 |
Victory 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 TBA to TBA. The allotment is expected to be finalized on TBA, and the tentative listing date is May 19, 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
Victory Electric Vehicles International Company Financials
| 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 Victory Electric Vehicles International 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)
Sanjay Kumar Popli
Seema and Palak Poply
Pre Issue Share Holding : 97.41%
Post Issue Share Holding : 71.60%
Victory Electric Vehicles International IPO - Issue Objectives
Capital Expenditure
Working Capital Requirement
General Corporate Purposes
Contact Details
Victory Electric Vehicles International
Plot no 6, Second Floor, A-5, Maa Bhagwati Apartment,Paschim Vihar New Delhi-110063
+91 9643108966
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
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 TBA, and closes on TBA. 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 TBA and closes on TBA.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Victory Electric Vehicles International Limited IPO is 56,47,000 shares(aggregating up to ₹40.66 Cr).
Ans. The Victory Electric Vehicles International Limited IPO price band is set between ₹72 per equity share.
Ans. To apply for Victory Electric Vehicles International Limited 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 TBA.
Ans. The Victory Electric Vehicles International Limited IPO will be listed on May 19, 2025.
Ans. Follow the steps to check the Victory Electric Vehicles International Limited IPO allotment status online.
