{"id":58502,"date":"2026-01-14T17:36:26","date_gmt":"2026-01-14T12:06:26","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=58502"},"modified":"2026-01-14T17:36:27","modified_gmt":"2026-01-14T12:06:27","slug":"victory-electric-vehicles-international-ipo-listing","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/victory-electric-vehicles-international-ipo-listing\/","title":{"rendered":"Victory Electric Vehicles International IPO Listing at 19% Discount at \u20b934.45 Per Share"},"content":{"rendered":"<p><strong>Victory Electric Vehicles International IPO listing: <\/strong>The Victory Electric Vehicles International IPO was subscribed 0.95 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received [.] times, and non-institutional investors (NIIs) received 0.91 times. The retail quota of the issue was subscribed to 47.51%. Before delving deeper into the topic, go through the details of the Victory Electric Vehicles International IPO.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/victory-electric-vehicles-international-ipo-listing\/#Victory_Electric_Vehicles_International_IPO\" title=\"Victory Electric Vehicles International IPO&nbsp;\">Victory Electric Vehicles International IPO&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/victory-electric-vehicles-international-ipo-listing\/#Victory_Electric_Vehicles_International_IPO_Listing\" title=\"Victory Electric Vehicles International IPO Listing\">Victory Electric Vehicles International IPO Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/victory-electric-vehicles-international-ipo-listing\/#About_the_Victory_Electric_Vehicles_International_IPO\" title=\"About the Victory Electric Vehicles International IPO&nbsp;\">About the Victory Electric Vehicles International IPO&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/victory-electric-vehicles-international-ipo-listing\/#Victory_Electric_Vehicles_International_Limited_Financials\" title=\"Victory Electric Vehicles International Limited Financials\">Victory Electric Vehicles International Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/victory-electric-vehicles-international-ipo-listing\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/victory-electric-vehicles-international-ipo-listing\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Victory_Electric_Vehicles_International_IPO\"><\/span><strong>Victory Electric Vehicles International IPO&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>It is a bookbuilding IPO of \u20b934.56 crore, an entirely fresh issue of 0.84 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 14th January 2026. The <strong>Victory Electric Vehicles International IPO<\/strong> date is fixed between 7th January 2026 and 9th January 2026. The face value of Victory Electric Vehicles International shares stands at \u20b910 per share, and the IPO Issue price band is set at \u20b941 per share<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>12th January 2026<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>7th January 2026<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>9th January 2026<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>3th January 2026<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>84,30,000 shares(agg. up to \u20b935 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b95 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>3,000 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b941 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>NSE SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>14th January 2026<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Victory_Electric_Vehicles_International_IPO_Listing\"><\/span><strong>Victory Electric Vehicles International IPO Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>On the NSE &amp; SME platforms, Victory Electric Vehicles International shares are listed at \u20b934.45 per share, reflecting a 19% discount to the issue price of \u20b941.00 per share.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_the_Victory_Electric_Vehicles_International_IPO\"><\/span><strong>About the Victory Electric Vehicles International IPO&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Victory Electric Vehicles International Limited was established in October 2018. Victory Electric Vehicles International Limited designs, manufactures, and distributes electric vehicles. The company provides sustainable, eco-friendly mobility solutions through a wide range 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. The company offers products ranging from E-rickshaws, E-Cargo\/Loader E-rickshaws, Scooters, etc. The portfolio extends beyond conventional offerings to include customised E-Three Wheelers, catering to specific needs such as Food Three Wheelers, Ice Cream Three Wheelers, etc. The company integrates advanced technologies into its vehicles, such as lithium-ion battery systems, efficient electric drivetrains, and innovative connectivity features. It caters to both domestic and international markets, striving to offer reliable performance, cost-effective ownership, and minimal environmental impact. Victory Electric Vehicles International Limited envisions a cleaner and greener future, aligning its mission with global efforts to reduce carbon emissions and dependence on fossil fuels.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Victory_Electric_Vehicles_International_Limited_Financials\"><\/span><strong>Victory Electric Vehicles International Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for <strong>Victory Electric Vehicles International Limited&#8217;s IPO. <\/strong>Refer to the table to learn about Vidya Wires Limited&#8217;s financial information.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>30th Sep 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024<\/strong><\/td><td><strong>31st March 2023<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>33.19<\/td><td>31.29<\/td><td>21.94<\/td><td>19.17<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>16.90<\/td><td>51.06<\/td><td>48.76<\/td><td>52.14<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>1.62<\/td><td>5.17<\/td><td>4.89<\/td><td>0.79<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>2.60<\/td><td>7.79<\/td><td>6.99<\/td><td>1.80<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>16.50<\/td><td>14.87<\/td><td>9.70<\/td><td>4.24<\/td><\/tr><tr><td><strong>Reserves and Surplus<\/strong><\/td><td>8.67<\/td><td>7.04<\/td><td>7.09<\/td><td>2.20<\/td><\/tr><tr><td><strong>Total Borrowings<\/strong><\/td><td>4.85<\/td><td>9.29<\/td><td>5.30<\/td><td>2.90<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Victory Electric Vehicles International Limited&#8217;s revenue increased by 4.71% from \u20b948.76 crores in March 2024 to \u20b951.06 crores in March 2025. Moreover, the company&#8217;s PAT increased by 5.72% from \u20b94.89 crores in March 2024 to \u20b95.17 crores in March 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/penny-stocks-for-long-term\">Best Penny Stocks for Long Term in India | Penny Stocks in 2025<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/berger-paints-q1-results-fy26\">Berger Paints Q1 Results FY26: Q1 PAT Narrows 11.01% to \u20b9314.63 Crore; Revenue Surged 3.55% YoY<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/tega-industries-q1-results-fy26\">Tega Industries Q1 Results FY26: Q1 PAT Falls 3.83% to \u20b935.34 Crore; Revenue Jumps 4.74% YoY<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/alembic-pharmaceuticals-q1-results-fy26\">Alembic Pharmaceuticals Q1 Results FY26: Q1 PAT Soars 14.60% to \u20b9154.38 Crore; Revenue Up 9.54% YoY<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/bls-international-services-q1-results-fy26\">BLS International Services Q1 Results FY26: Q1 PAT Soars 49.76% to \u20b9171.00 Crore; Revenue Up 44.23% YoY<\/a>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Victory Electric Vehicles International IPO listing: The Victory Electric Vehicles International IPO was subscribed 0.95 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received [.] times, and non-institutional investors (NIIs) received 0.91 times. The retail quota of the issue was subscribed to 47.51%. Before delving deeper into the topic,<\/p>\n","protected":false},"author":23,"featured_media":58503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1015,3808],"class_list":["post-58502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo","tag-ipo-listing"],"metadata":{"_edit_lock":["1768392391:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["67"],"rank_math_title":["Victory Electric Vehicles International IPO Listing Today; Check Share Price in 2025"],"rank_math_description":["Victory Electric Vehicles International IPO Listing at \u20b934.45 at a discount of 19% against the IPO price of \u20b941.00 per share. What should be your next move on the Victory Electric Vehicles International IPO? Read more to know.\n"],"rank_math_focus_keyword":["Victory Electric Vehicles International IPO 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