Victory Electric Vehicles IPO Subscription Status
Victory Electric Vehicles IPO subscribed over 0.28x on its first day till 5.00 PM on January 7, 2026.
- Victory Electric Vehicles IPO subscription QIB investors’ portion is 0.00 times, while NII subscribed 0.18 times, and RII investors subscribed 0.39 times.
- The company has received bids for 22,47,000 shares against 80,07,000 shares on offer on the first day of subscription.
- Victory Electric Vehicles IPO subscribed over 0.28x on its day 1.
About Victory Electric Vehicles Company
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 GMP:
Victory Electric Vehicles IPO GMP was ₹0 as of Wednesday, January 7, 2026. That indicates the IPO is trading at ₹41 with a ₹0 premium in the grey market against the issue price of ₹41.
