Victory Electric Vehicles International IPO

Victory Electric Vehicles International IPO

upcoming
TBAMin. investment
  1. Pre-apply
    TBA
  2. Bid start
    TBA
  3. Bid end
    TBA
  4. Allotment
    TBA
  5. Release of funds
    TBA
  6. Demat transfer
    TBA
  7. Listing
    TBA

About Victory Electric Vehicles International Limited

IPO type
SME
Red Herring Prospectus
Read
Market Cap
₹153.41CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹48.44CrLower than sector avg
Growth rate3Y CAGR
1.08%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹48.44Cr
This sector
₹10,445.29Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
1.08%
This sector
0.24%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹4.89Cr
This sector
₹1,208.89Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹153.41Cr
This sector
₹64,285.76Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
3.80
This sector
26.30
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.55
This sector
0.75
Compare with companies

Objectives

Working Capital Requirement
63.69%
General corporate purposes
21.84%
Capital Expenditure
14.47%

About Victory Electric Vehicles International Limited

Incorporated in 2018, Victory Electric Vehicles International manufactures electric vehicles such as E-rickshaws, E-Cargo/Loader E-Rickshaws, and scooters. The company operates in business-to-business (B2B) and business-to-consumer (B2C) segments and has a geographical presence across 12 states. The company's product portfolio includes L3 electric vehicles, L5 electric vehicles, and electric scooters. As of December 2024, the company had manufacturing capacity for 6,000 electric vehicles. The business aims to capitalise on the electrification of mobility in India and explore future export opportunities in select international markets.

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is 'pre-apply' for Victory Electric Vehicles International IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Victory Electric Vehicles International IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.

Who is the registrar of Victory Electric Vehicles International IPO ?

For Victory Electric Vehicles International IPO, the IPO registrar is Maashitla Securities Private Limited. You can check Victory Electric Vehicles International IPO allotment status on the website of the registrar.
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