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Victory Electric Vehicles International Ltd

Victory Electric Vehicles International Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹41
₹41
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹41
Based on GMP
Min. Investment
₹123,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
07 Jan 2026
Close Date
09 Jan 2026
Allotment
15 Jan 2026
Listing Date
14 Jan 2026
Exchange
BSE SME
Price Band
₹41
Listing Price
See chart
Allotment Status
Price Band
₹41
Per share
Face Value
₹5 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
84,30,000 shares (agg. up to ₹35 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹123,000
1 lot
Pre-IPO Holding
1,56,60,000 shares
Promoters
Post-IPO Holding
2,40,90,000 shares
Promoters
P/E (Pre)
12.41x
 
P/E (Post)
30.41x
 
EPS (Pre)
₹3.30
 
EPS (Post)
₹1.35
 
UPI Deadline
5:00 PM on 09 Jan 2026
Mandate
Anchor AllotmentTue, 06 Jan 2026
Basis of AllotmentThu, 15 Jan 2026
Refund InitiationFri, 16 Jan 2026
Demat CreditFri, 16 Jan 2026
Listing DayWed, 14 Jan 2026
UPI Mandate Deadline5:00 PM on 09 Jan 2026
Sale TypeFresh Capital
Net Offer to Public80,07,000 shares (agg. up to ₹33 Cr)
Market Maker Quota4,23,000 shares (agg. up to ₹2 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota47.47% of Net Issue
Retail Quota47.51% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Victory Electric Vehicles International Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 Jan 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
423,000
5.02%
5.02%
₹1.73
QIB
Over 1.00x
NII / HNI
Over 1.00x
4,002,000
47.47%
47.47%
₹16.41
Retail
Over 1.00x
4,005,000
47.51%
47.51%
₹16.42
Total 1.00x
8,430,000
100% ₹34.56
IPO Shares Offered
Victory Electric Vehicles International Ltd IPO total issue size: ₹34.56 Cr. Retail: ₹16.42 Cr. NII: ₹16.41 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 423,000 ₹1.73
5.02%
NII 4,002,000 ₹16.41
47.47%
Retail 4,005,000 ₹16.42
47.51%
Total 8,430,000 ₹34.56
100.00%
* Based on upper price band ₹41 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 4,002,000 4,005,000 8,007,000
Allotment price (₹) 41 41 41 41 41 41 41 41
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹16.42 ₹16.42
Times subscribed 1 1 1 1
Shares allotted 4,002,000 4,005,000 8,007,000
No. of allottees
* Upper price band ₹41 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹41.00
Upper Band
Min Investment
₹123,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹246,000
Retail (Max — 13 Lots)1339,000₹1,599,000
S-HNI (Min — 14 Lots)1442,000₹1,722,000
B-HNI (Min — 68 Lots)68204,000₹8,364,000
* Issue Price ₹41 × Lot Size 3,000 shares
IPO Schedule
Anchor
06 Jan 2026
✓ Done
IPO Open
07 Jan 2026
✓ Done
IPO Close
09 Jan 2026
✓ Done
Allotment
15 Jan 2026
✓ Done
Refunds
16 Jan 2026
✓ Done
Demat Credit
16 Jan 2026
✓ Done
Listing Day
14 Jan 2026
✓ Done
Victory Electric Vehicles International Ltd — Live Price LIVE
₹41.00
INR · BSE
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Issue ₹41.00 Live Price
About Victory Electric Vehicles International Ltd

Victory Electric Vehicles International Ltd is proposing an IPO on BSE SME under the SME category. Total issue: 84,30,000 shares (agg. up to ₹35 Cr).

Opens 07 Jan 2026, closes 09 Jan 2026. Listing: 14 Jan 2026. Apply via ASBA or UPI.

Objects of the Issue
1
Object 1
2
Object 2
3
Object 3
Victory Electric Vehicles International Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹48.8
31 Mar 2024
₹51.1
31 Mar 2025
₹16.9
30 Sep 2025
Profit After Tax (PAT)
₹4.9
31 Mar 2024
₹5.2
31 Mar 2025
₹1.6
30 Sep 2025
Particulars30 Sep 202531 Mar 202531 Mar 2024
Revenue from Operations 16.90 51.06 48.76
EBITDA 2.60 7.79 6.99
Profit After Tax (PAT) 1.62 5.17 4.89
Net Worth 16.50 14.87 9.70
Total Assets 33.19 31.29 21.94
Reserves & Surplus 8.67 7.04 7.09
Borrowings 4.85 9.29 5.30
EBITDA Margin (%) 15.32%
PAT Margin (%) 10.17%
P/BV Ratio
4.32
RoE
42.10%
RoCE
31.27%
RoNW
42.11%
PAT Margin
10.17%
EBITDA Margin
15.32%
Debt/Equity
0.62
Issue Structure & Shareholding
Total Shares Offered84,30,000 (100.00%)
Net Offer to Public80,07,000 shares (agg. up to ₹33 Cr)
Reserved for Market Maker4,23,000 shares (agg. up to ₹2 Cr)
Pre-Issue Promoter Holding1,56,60,000 shares
Post-Issue Promoter Holding2,40,90,000 shares
P/BV Ratio4.32
RoE42.10%
RoCE31.27%
Debt / Equity0.62
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Victory Electric Vehicles International Ltd IPO subscribed?

Victory Electric Vehicles International Ltd IPO is subscribed 1.00 times by Jan 09, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Victory Electric Vehicles International Ltd IPO retail subscription status?

The Victory Electric Vehicles International Ltd IPO retail category is subscribed 1.00 times as of 09 Jan 2026. The retail portion is oversubscribed.

How to subscribe Victory Electric Vehicles International Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 07 Jan 2026 and closes 09 Jan 2026. Min investment: ₹123,000 (1 lot = 3,000 shares). UPI mandate: 5:00 PM on 09 Jan 2026.

How many times Victory Electric Vehicles International Ltd IPO subscribed?

The Victory Electric Vehicles International Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Victory Electric Vehicles International Ltd IPO allotment?

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 15 Jan 2026. Refunds: on 16 Jan 2026.

When Victory Electric Vehicles International Ltd IPO will be listed?

The Victory Electric Vehicles International Ltd IPO listing date is 14 Jan 2026, Wednesday. Listed on: BSE SME. Issue price: ₹41. Estimated listing: ₹41. GMP: NIL.

When Victory Electric Vehicles International Ltd IPO close?

The Victory Electric Vehicles International Ltd IPO closes on 09 Jan 2026, Friday. UPI mandate: 5:00 PM on 09 Jan 2026. Allotment: 15 Jan 2026. Listing: 14 Jan 2026.