Victory Electric Vehicles – IPO

Victory Electric Vehicles' IPO open date is January 7, 2026, and the IPO will close on January 9, 2026. Victory Electric Vehicles IPO is a Fixed Price Issue. The company plans to raise around ₹35 crores via IPO that comprises a fresh issue of ₹35 crores and offer for sale up to equity shares with a face value of ₹5 each.

Victory Electric Vehicles' IPO price band is ₹41 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Victory Electric Vehicles IPO to list on NSE on January 14, 2026. The allotment of the Victory Electric Vehicles IPO date is January 12, 2026.

The company reported revenue of ₹51.06 crores in 2025 against ₹48.76 crores in 2024. The company reported a profit of ₹5.17 crores in 2025 against a profit of ₹4.89 crores in 2024. As per the financials, the IPO investors should apply for the IPO for a long term.

Victory Electric Vehicles – IPO Details

IPO Date January 7, 2026 to January 9, 2026
Listing Date January 14, 2026
Face Value ₹ 5 / Share
Price Band ₹ 41 to ₹ -- / Share
Lot Size 6000 Shares
Total Issue Size
(Aggregating up to ₹35 Crores)
Fresh Issue
(Aggregating up to ₹35 Crores)
Offer for Sale
Employee Discount
Issue Type Fixed Price Issue
Listing At NSE SME
Share holding pre issue 1,56,60,000
Share holding post issue 2,40,90,000
Market Maker portion

Victory Electric Vehicles Timeline (Tentative Schedule)

Victory Electric Vehicles IPO opens on January 7, 2026, and closes on January 9, 2026.

IPO Open Date January 7, 2026
IPO Close Date January 9, 2026
Basis of Allotment January 12, 2026
Initiation of Refunds January 13, 2026
Credit of Shares to Demat January 13, 2026
Listing Date January 14, 2026
Cut-off time for UPI mandate confirmation January 9, 2026

Victory Electric Vehicles IPO Lot Size

The Victory Electric Vehicles IPO minimum market lot is 6,000 shares with ₹2,46,000 application amount.

Application Lots Shares Amount
Retail (Min) 2 12,000
Retail (Max) 2 12,000
S-HNI (Min) 3 18,000
S-HNI (Max)
B-HNI (Min)
HNI (Min)

Victory Electric Vehicles IPO Promoter Holding

Share Holding Pre Issue 97.41%
Share Holding Post Issue 63.33%

Victory Electric Vehicles IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered
NII (HNI) Shares Offered 40,02,000 Shares
47.47%
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered 40,05,000 Shares
47.51%
Employee Shares Offered
Total Shares Offered

Victory Electric Vehicles IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Victory Electric Vehicles

Victory Electric Vehicles International Limited is involved in the design, production, and distribution of electric vehicles. Moreover, it was incorporated in October 2018. The company provides a diverse range of products, including E-rickshaws, E-Cargo/Loader E-rickshaws, and electric scooters. The company’s portfolio is beyond expectations, as they offered customised E-Three wheelers for specific purposes like food vending and ice cream sales.

The company delivers eco-friendly and sustainable transportation solutions through its extensive lineup 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. Financially, the revenue 2024 of Victory Electric Vehicles was 39.68 crore, and PAT(profit After Tax) was 3.89 crore.

Key Performance Indicator

Check Victory Electric Vehicles IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI Values
ROE 42.10%
ROCE 31.27%
Debt/Equity 0.62
RoNW 42.11%
P/BV
PAT Margin (%) 10.17%
  Pre IPO Post IPO
EPS (Rs) ₹3.30
P/E (x) 12.42

Objects of the Issue (Victory Electric Vehicles IPO Objectives)

Victory Electric Vehicles Contact Details

Victory Electric Vehicles International Limited

Plot no 6, Second Floor

A-5, Maa Bhagwati Apartment

Paschim Vihar

Phone:

Email: [email protected]

Website: http://www.victoryevehilceindia.com/

Victory Electric Vehicles IPO Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: [email protected]

Website: https://maashitla.com/allotment-status/public-issues

Frequently Asked Questions


What is Victory Electric Vehicles IPO?
The Victory Electric Vehicles IPO is classified as an SME IPO. The issue price is set between ₹41 and ₹ per equity share. A minimum of 6000 shares is required per order. The IPO will be open from January 7, 2026, to January 9, 2026. The shares are proposed to be listed on NSE SME.

When does the Victory Electric Vehicles IPO open and close?
The Victory Electric Vehicles IPO will be opened on January 7, 2026, and closed on January 9, 2026.

What is the issue size of the Victory Electric Vehicles IPO?
The size of the Victory Electric Vehicles IPO is ₹35 Croresin total. A fresh issue of shares, aggregating up to ₹35 Crores, is included.

What is the price band of the Victory Electric Vehicles Limited IPO?
The price band for the IPO has been set between ₹41 - ₹ per equity share.

What is the allotment date of the Victory Electric Vehicles IPO?
The share allotment date for the Victory Electric Vehicles IPO is set for January 12, 2026.

What is the Victory Electric Vehicles listing date?
The Victory Electric Vehicles IPO is scheduled to be listed on January 14, 2026.

×
Unlock Your Trading Journey Today
Dedicated relationship manager to help in trading and investing