Victory Electric Vehicles IPO Details
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹72 Per Share |
| Issue Size: | Approx ₹40.66 Crores |
| Fresh Issue: | Approx ₹40.66 Crores |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 50% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Victory Electric Vehicles IPO Market Lot
The Victory Electric Vehicles IPO minimum market lot is 1600 shares with ₹1,15,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹1,15,200 |
| Retail Maximum | 1 | 1600 | ₹1,15,200 |
| S-HNI Minimum | 2 | 3200 | ₹2,30,400 |
Victory Electric Vehicles IPO Dates
The Victory Electric Vehicles IPO date is 2025 and the close date is 2025. The Victory Electric Vehicles IPO allotment will be finalized on 2025 and the IPO listing on 2025.
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Basis of Allotment: | 2025 |
| Refunds: | 2025 |
| Credit to Demat Account: | 2025 |
| IPO Listing Date: | 2025 |
Promoters of Victory Electric Vehicles IPO
The promoters of the company are Sanjay Kumar Popli, Seema and Palak Poply.
About Victory Electric Vehicles IPO
Victory Electric Vehicles International Limited is involved in the design, production, and distribution of electric vehicles. Moreover, it was incorporated in October 2018. The company provides a diverse range of products, including E-rickshaws, E-Cargo/Loader E-rickshaws, and electric scooters. The company’s portfolio is beyond expectations, as they offered customized E-Three wheelers for specific purposes like food vending and ice cream sales.
The company delivers eco-friendly and sustainable transportation solutions through its extensive lineup 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. Financially, the revenue 2024 of Victory Electric Vehicles was 39.68 crore, and PAT(profit After Tax) was 3.89 crore.
Victory Electric Vehicles IPO Company Financial Report
The company reported revenue of ₹48.76 crores in 2024 against ₹52.14 crore in 2023. The company reported profit of ₹4.89 crores in 2024 against profit of ₹0.79 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹48.14 | ₹783.90 | ₹0.65 | ₹20.82 |
| 2023 | ₹52.14 | ₹1472.25 | ₹0.79 | ₹19.17 |
| 2024 | ₹48.76 | ₹2883.26 | ₹4.89 | ₹21.94 |
| December 2024 | ₹39.68 | ₹1423.72 | ₹3.89 | ₹37.55 |
Victory Electric Vehicles IPO Valuation – FY2024
Check Victory Electric Vehicles IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 70.19% |
| ROCE: | 44.78% |
| EBITDA Margin: | 14.44% |
| PAT Margin: | 10.10% |
| Debt to equity ratio: | 0.55 |
| Earning Per Share (EPS): | ₹18.95 (Basic) |
| Price/Earning P/E Ratio: | 22.78 |
| Return on Net Worth (RoNW): | 70.19% |
| Net Asset Value (NAV): | ₹37.17 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Wardwizard Innovations & Mobilitity Limited | 0.54 | 37.69 | 14.79% | 3.94 | – Cr. |
| Tunwal E-Motors Limited | 2.85 | 10.74 | 82.17% | 4.95 | – Cr. |
Objects of the Issue
- Capital Expenditure
- Working Capital Requirement
- General Corporate Purposes
Victory Electric Vehicles IPO Review
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Victory Electric Vehicles IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
IPO Lead Managers aka Merchant Bankers
- Corpwis Advisors Private Limited
Company Address
Victory Electric Vehicles International Limited
Plot no 6, Second Floor
A-5, Maa Bhagwati Apartment
Paschim Vihar
Phone:
Email: [email protected]
Website: http://www.victoryevehilceindia.com/
Victory Electric Vehicles IPO FAQs
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Note: The Victory Electric Vehicles IPO price band and date are officially announced. The (Victory Electric Vehicles IPO grey market premium) will be added to the IPO GMP page as it will start).
