Victory Electric Vehicles International IPO

0.28x

subscribed

Victory Electric Vehicles International IPO

open
₹2.46LMin. investment
  1. Pre-apply
    5 Jan
  2. Bid start
    7 Jan
  3. Bid end
    9 Jan
  4. Allotment
    12 Jan
  5. Release of funds
    13 Jan
  6. Demat transfer
    13 Jan
  7. Listing
    14 Jan

Victory Electric Vehicles International Limited IPO Details

Price range₹41.00 – ₹41.00
IPO type
SME
Lot size3000 shares
Issue size₹35Cr
Draft Red Herring Prospectus
Read
Market Cap
₹98.77CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹50.86CrLower than sector avg
Growth rate3Y CAGR
-1.02%

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
₹50.86Cr
This sector
₹49,413.71Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹5.17Cr
This sector
₹4,506.28Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹98.77Cr
This sector
₹1,99,952.49Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
12.42
This sector
52.18
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.62
This sector
0.59
Compare with companies

Objectives

Working capital
51.43%
General corporate purposes
19.37%
Issue Expenses
14.91%
Capital expenditure
14.29%

About Victory Electric Vehicles International Limited

Victory Electric Vehicles International manufactures electric vehicles including e-rickshaws, e-cargo/loader 3-wheelers, and electric scooters. Additionally, the company offers specially made electric 3-wheelers for a variety of applications, such as ice cream distribution and food vending. L3 electric vehicles, L5 electric vehicles, and electric scooters are among its primary offerings. As of September 2025, 3-wheelers made up 23.53% of revenue, two-wheelers 12.48%, and spare parts 8.11%. The company has geographical reach in 12 states with dealership in all 12 states. The domestic sales are led by Uttar Pradesh, Haryana, and Madhya Pradesh. Moreover, the capacity utilisation of the company stood at 68.91% in E-rickshaw(L3 Series), 29.41% in E-rickshaw (L5 Series), and 57.69% in the case of the two-wheeler segment.

Victory Electric Vehicles International IPO Subscription Status

Date
QIB
NII
Retail
Total
07-Jan-26
0.0 times (X)
0.18 times (X)
0.39 times (X)
0.28 times (X)

Frequently asked questions

How to invest in the Victory Electric Vehicles International IPO ?

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

What is the issue size of Victory Electric Vehicles International IPO ?

The issue size of the Victory Electric Vehicles International IPO is 35 Cr.

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.
Bidding closes on 9 Jan 2026, 5:00 PM