Victory Electric Vehicles
14 Jan '26SME
Min. Investment
₹2,46,000
Issue size
₹34.56 Cr
GMP
Locked
Overall subscription: 0.95x
Check allotment status
Expert verdict
IPO dates
07 Jan
Opening
09 Jan
Closing
12 Jan
Allotment
14 Jan
Listing
*Refunds will be initiated on 13 Jan '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 6000 | ₹2,46,000 |
Subscription (as on 30 March 2026, 06:30 PM)
Overall0.95x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2018|MD: Mr Sanjay Kumar Popli
- Victory Electric Vehicles International is a manufacturer of electric vehicles (EVs), including e-rickshaws, e-cargo or loader e-rickshaws, and electric scooters. It also produces customised electric three-wheelers designed for specific uses, such as food vending and ice cream distribution.
- The product range includes L3 electric vehicles, which are technically classified as electric rickshaws or e-carts. These vehicles have a maximum speed of up to 25 kmph and a motor power of 1,200 watts or less. The company also manufactures L5 electric vehicles, which are three-wheeled vehicles intended for passenger or goods transport, with a maximum speed of up to 55 kmph and a motor power of 3,000 watts or less.
- In addition, the company manufactures electric scooters, which are two-wheeled vehicles powered by electric motors and rechargeable batteries. These scooters have a maximum speed of up to 25 kmph.
Issue Details & Objective
Lot size
3000 Shares
Price band
₹41 to 41
Face value
₹5 per share
Financials
IPO reservation
Retail - 47.51%
Download DRHP (IPO Doc)FAQs
Should I apply for the Victory Electric Vehicles IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Victory Electric Vehicles IPO?
The issue size of Victory Electric Vehicles IPO is ₹34.56 Cr
What are the open and close dates for Victory Electric Vehicles IPO?
The Victory Electric Vehicles IPO will be open for applications from 07 Jan '26 to 09 Jan '26
What is the lot size and minimum order quantity of Victory Electric Vehicles IPO?
The lot size of Victory Electric Vehicles IPO is 3000 Shares and its minimum investment amount is ₹2,46,000.
What is the GMP value of Victory Electric Vehicles IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Victory Electric Vehicles IPO is 0
