Victory Electric IPO GMP: Day 1 IPO Live Updates

Victory Electric IPO GMP is ₹0 as of 20th May 2025. The IPO opens for bidding today, 20th May 2025, and will close on 23rd May 2025. It is a fixed issue consisting of a fresh issue of 56.47 lakh shares worth ₹40.66 crores. The issue will be listed on NSE and SME on its tentative listing date, 28th May 2025. The issue price for the Victory Electric IPO is set between ₹72 per share. Retail investors can bid for a minimum lot of 1,600 shares worth ₹1,15,200. 

Victory Electric IPO GMP Grey Market Premium

As of 20th May 2025, Victory Electric IPO GMP stands at ₹0 per share. Thus, the estimated listing price would be ₹72 (72+0). This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table below to learn about recent Victory Electric IPO GMP updates.

Victory Electric IPO Details

Explanation

Victory Electric IPO: Victory Electric Vehicles Limited has declared an issue price of ₹72 per share. With this IPO, the company allows retail investors to bid for at least one lot of 1,600 shares worth ₹1,15,200. The face value of Victory Electric Vehicles Ltd.’s share is ₹5 per share. The shares of Victory Electric Vehicles Limited, one of the  EV companies in India, will be listed on NSE & SME on its tentative listing day, 28th May 2025. Scroll down to check GMP updates and Victory Electric IPO reviews. 

Objectives of Victory Electric IPO

Victory Electric Vehicles Limited proposed to utilise the proceeds from the fixed price issue in the following objectives. 

• To meet working capital requirements.
• To meet general corporate purposes. 
• To fund capital expenditure.

Victory Electric IPO Registrar 

Victory Electric IPO is open today, on 20th May 2025, to raise ₹40.66 crore.  Maashitla Securities Private Limited is the registrar of Victory Electric Vehicles IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding Victory Electric Vehicles IPO allotment and refund, you can contact Maashitla Securities Private Limited at https://maashitla.com/allotment-status/public-issues or +91-11-45121795-96.

Victory Electric IPO Review

The Victory Electric Vehicles IPO has gained neutral ratings from industry experts, brokers, and institutional investors. During FY23- 24, Accretion Pharmaceuticals Limited’s revenue rose 14.93% from ₹29.53 crores in March 2023 to ₹33.94 crores in March 2024. Moreover, the company’s PAT increased by 3,780.00% from ₹0.10 crores to ₹3.88 crores.  However, industry experts suggest applying for this IPO with a long-term perspective. However, industry experts suggest that investors may park funds in this IPO for the long term.

Most analysts recommend avoiding this IPO to safeguard your investment portfolio in the stock market. However, we’re waiting for further ratings to have a better idea and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Victory Electric IPO or not.

Victory Electric IPO Technical Analysis

The PE ratio of Victory Electric Vehicles Limited shares is 23.05, and its Earnings Per Share (EPS) stands at 3.12. The Victory Electric Vehicles IPO can potentially deliver gains on its tentative listing date, 28th May 2025. 

For regular stock updates, dividend alerts, and expert verdicts, stay informed with Univest!

FAQs on Victory Electric IPO

What is Victory Electric IPO GMP?

Ans. Currently, on 20th May 2025, Victory Electric IPO GMP (Grey Market Premium) stands at ₹0 (0.00% up). This indicates that the estimated listing price could be ₹72 per share.

What is the issue price of Victory Electric IPO?

Ans. The Victory Electric IPO price has been set at ₹72 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 1,600 shares worth ₹1,15,200. Moreover, NIIs are required to bid for a minimum of 2 lots (3,200 shares) worth ₹2,30,400.

Who is the registrar of Victory Electric IPO?

Ans. Maashitla Securities Private Limited is the registrar of Victory Electric Vehicles IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding Victory Electric IPO allotment and refund, you can contact Maashitla Securities Private Limited at https://maashitla.com/allotment-status/public-issues or +91-11-45121795-96.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Victory Electric IPO, download the Victory Electric Vehicles IPO RHP and Victory Electric Vehicles IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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