Victory Electric Vehicles International IPO Listing at 19% Discount at ₹34.45 Per Share

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, go through the details of the Victory Electric Vehicles International IPO.

Victory Electric Vehicles International IPO 

It is a bookbuilding IPO of ₹34.56 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 Victory Electric Vehicles International IPO date is fixed between 7th January 2026 and 9th January 2026. The face value of Victory Electric Vehicles International shares stands at ₹10 per share, and the IPO Issue price band is set at ₹41 per share

Victory Electric Vehicles International IPO Listing

On the NSE & SME platforms, Victory Electric Vehicles International shares are listed at ₹34.45 per share, reflecting a 19% discount to the issue price of ₹41.00 per share. 

About the Victory Electric Vehicles International IPO 

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.

Victory Electric Vehicles International Limited Financials

The company’s financial analysis is essential before applying for Victory Electric Vehicles International Limited’s IPO. Refer to the table to learn about Vidya Wires Limited’s financial information. 

Explanation

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.

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