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Victory Electric Vehicles International IPO GMP: Day 3 IPO Live Updates

Posted by : sachet | Fri Jan 09 2026

Victory Electric Vehicles International IPO GMP: Day 3 IPO Live Updates

The Victory Electric Vehicles International IPO GMP is ₹0 as of 9th January 2026. It is a book-building issue IPO of ₹34.56 crores. This is 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 face value of Victory Electric Vehicles International IPO shares is ₹5 per share, and the IPO price band is ₹41 per share. Retail investors can bid for a minimum of 2 lots of 6,000 shares worth ₹2,46,000

Victory Electric Vehicles International IPO GMP Grey Market Premium

As mentioned earlier, the Victory Electric Vehicles International IPO GMP currently stands at ₹0.00 per share. Thus, the estimated listing price would be at ₹41. This indicates that the estimated listing gain in this IPO could be 0.00%. Explore the table for Victory Electric Vehicles International IPO GMP updates.

GMP DATEIPO PriceGMP PriceEstimated Listing PriceEstimated Gain
9-01-2026₹41.00₹0.00₹41.000.00%
8-01-2026₹41.00₹0.00₹41.000.00%
7-01-2026₹41.00₹0.00₹41.000.00%
6-01-2026₹41.00₹0.00₹41.000.00%
5-01-2026₹41.00₹0.00₹41.000.00%
4-01-2026₹41.00₹0.00₹41.000.00%
3-01-2026₹41.00₹0.00₹41.000.00%
2-1-2026₹41.00₹0.00₹41.000.00%
1-1-2026₹41.00₹0.00₹41.000.00%

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Victory Electric Vehicles International IPO GMP status at Univest.

Victory Electric Vehicles International IPO Details

IPO Allotment Date12th January 2026
IPO Open Date7th January 2026
IPO Close Date9th January 2026
Refund Initiation 3th January 2026
Issue Size84,30,000 shares(agg. up to ₹35 Cr)
Face Value₹5 per share
Lot Size3,000 Shares
Issue Price ₹41 per share
Issue TypeBookbuilding IPO
Listing AtNSE SME
Listing Date14th January 2026

Also Read: Victory Electric Vehicles International IPO GMP & Review: Apply or Avoid?

Explanation

Victory Electric Vehicles International IPO: Victory Electric Vehicles International IPO Limited has declared an issue price band of ₹41 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 6,000 shares, each worth ₹2,46,000. The face value of Victory Electric Vehicles International IPO Limited shares is ₹5 per share. The shares of Victory Electric Vehicles International IPO Limited will be listed on NSE and SME on its tentative listing day, 14th January 2026. Scroll down to check GMP updates and Victory Electric Vehicles International IPO reviews. 

Victory Electric Vehicles International IPO Objectives

The primary aim of the Victory Electric Vehicles International IPO is to raise ₹34.56 crores. 

Victory Electric Vehicles International IPO Registrar

Maashitla Securities Private Limited is the registrar for the Victory Electric Vehicles International IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Victory Electric Vehicles International allotment and refund, you can contact Maashitla Securities Private Limited at ipo@mashitla.com or +91-11-45121795-96.

Victory Electric Vehicles International IPO Review

Victory Electric Vehicles International IPO Review

The Victory Electric Vehicles International IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Victory Electric Vehicles International Limited’s revenue increased by 4.71% from ₹48.76 crores in March 2024 to ₹51.06 crores in March 2025. Moreover, the company’s PAT increased by 5.72% from ₹4.89 crores in March 2024 to ₹5.17 crores in March 2025.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture 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 Vehicles International IPO or not.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 12.41
EPS (Earnings Per Share)3.30
RoNW42.11%
ROCE31.27%
ROE42.10%
EBITDA Margin15.32%
Price to Book Value4.32
Market Capitalisation₹98.77 Cr

The PE ratio of Victory Electric Vehicles International Limited shares is 12.41, and its Earnings Per Share (EPS) stands at 3.30. Thus, the Victory Electric Vehicles International IPO can deliver gains on its tentative listing date, 13th January 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Victory Electric Vehicles International Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio12.4130.41
EPS 3.301.35

FAQs on Victory Electric Vehicles International IPO

What is the Victory Electric Vehicles International IPO GMP?

Currently, on 9th January 2026, the Victory Electric Vehicles International IPO GMP (Grey Market Premium) stands at ₹0. This indicates that the estimated listing price could be ₹41.00 per share.

What is the issue price of Victory Electric Vehicles International’s IPO?

The Victory Electric Vehicles International IPO issue price band is set at ₹41.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 6,000 shares, worth ₹2,46,000. Moreover, HNIs are required to bid for a minimum of 3 lots (9,000 shares) worth ₹3,69,000.

Who is the registrar of the Victory Electric Vehicles International IPO?

Maashitla Securities Private Limited is the registrar for the Victory Electric Vehicles International IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Victory Electric Vehicles International allotment and refund, you can contact Maashitla Securities Private Limited at ipo@mashitla.com 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 Vehicles International IPO, download the Victory Electric Vehicles International IPO RHP and Victory Electric Vehicles International IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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