The Victory Electric Vehicles IPO opened on 07 January 2025. It will close on 09 January 2025. The Total IPO Size is 35 Crores.
Victory Electric Vehicles has set its IPO price at 41 Rs per share. They divided IPO into three general categories: 1) QIB, 2) Retail 3) NII.
Victory Electric Vehicles is manufacture electric vehicles ranging from E-rickshaws, E-Cargo/Loader E -Rickshaws, Scooters etc.
The portfolio extends beyond conventional offerings to include customized E-Three Wheelers, catering to specific needs such as Food Three Wheelers and Ice Cream Three Wheelers etc.
They also seek opportunities to export our EVs in select international markets in the future.
Check:- Upcoming SME IPO 2025
Victory Electric Vehicles IPO Promoter Holding
Sanjay Kumar Popli, Seema and Palak Poply are the Promoters of the company.
Victory Electric Vehicles IPO Date, Details & Price Band
| IPO Opening Dates | 07-January-2025 |
| IPO Closing Dates | 09-January-2025 |
| Price Band | 41 Rs |
| Fresh Issue | 35 crore |
| Offer for sale | NIL |
| Total IPO size | 35 crore |
| Face Value | 5 INR Per Share |
| Listing On | NSE SME |
| Market Cap | 98.77 Cr |
Victory Electric Vehicles IPO Market Lot
The Victory Electric Vehicles IPO minimum market lot is 6,000 shares with a 2,46,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 2 | 6,000 | 2,46,000 Rs |
| Retail Maximum | 2 | 6,000 | 2,46,000 Rs |
| HNI (Min) | 3 | 9,000 | 3,69,000 Rs |
Victory Electric Vehicles IPO: Object of the Issue
1. Capital Expenditure
2. Working Capital Requirement
3. General Corporate Purposes.
Restated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Nov-25 | 33.19 | 16.90 | 1.62 |
| 31-Mar-25 | 31.29 | 51.06 | 5.17 |
| 31-Mar-24 | 21.94 | 48.76 | 4.89 |
Victory Electric Vehicles IPO GMP Grey Market Premium
Victory Electric Vehicles’s IPO GMP (Grey Market Premium) has started today. Check the Latest Victory Electric Vehicles IPO GMP Grey Market Premium, Kostak Rates, and Subject to Sauda Price here.
Victory Electric Vehicles IPO Prospectus
| DRHP | Download |
| RHP | Download |
Victory Electric Vehicles IPO Form Download
Victory Electric Vehicles IPO is available on the BSE Website as well as on our Portal. Please click here, Victory Electric Vehicles IPO Form Download.
Victory Electric Vehicles IPO Allotment Date & Details
| Allotment Date | 12-Jan-2025 |
| Initiation of refunds | 13-Jan-2025 |
| Transfer of shares to Demat accounts | 13-Jan-2025 |
| Listing Date | 14-Jan-2025 |
| Check Allotment Status | Click here |
Registrar of Victory Electric Vehicles IPO
Maashitla Securities Private Limited
CIN: U67100DL2010PTC208725
451, Krishna Apra Business Square, Netaji Subhash Place,
Pitampara, Delhi-110034
Telephone: +91 011 – 45121795
Email: [email protected]
Website: www.mashitla.com
Investor grievance e-mail:[email protected]
Contact Person: Mr. Mukesh Agarwal
SEBI Registration No.:INR000004370
Victory Electric Vehicles Contact Details
Plot no 6, Second Floor
A-5, Maa Bhagwati Apartment
Paschim Vihar
West Delhi, New Delhi, 110063
Call : 9643108966
[email protected]
Victory Electric Vehicles IPO Lead Managers
Corpwis Advisors Private Limited
CIN : U74900MH2014PTC322723
G-07,Ground Floor, The Summit Business Park (Omkar), Andheri Kurla Road, Andheri East, Mumbai-400093, Maharashtra, INDIA.
Tel. No.: +91 22 4972 9990
Email : [email protected]
Website: www.corpwis.com
Investor Grievance e-mail: [email protected]
Contact Person: Mr. Nikunj Kanodia
SEBI Registration. No.: INM000012962
