Victory Electric Vehicles International Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 4,002,000 (47%) | — | ₹1,641 Cr |
| Retail | — | 4,005,000 (48%) | — | ₹1,642 Cr |
| Market Maker | — | 423,000 (5%) | — | ₹17 Cr |
| Σ Total | — | 8,430,000 (100%) | — | ₹34,563 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹123,000 |
| Retail (Max) | 13 | 39,000 | ₹1,599,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,722,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,241,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 17 | 51 | 49 |
| EBITDA | 3 | 8 | 7 |
| Profit After Tax | 2 | 5 | 5 |
| Net Worth | 17 | 15 | 10 |
| Total Assets | 33 | 31 | 22 |
| Reserves & Surplus | 9 | 7 | 7 |
| Total Borrowing | 5 | 9 | 5 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital Expenditure – 5.00
- Working Capital Requirement – 18.00
- General Corporate Purposes – 6.78
Company Overview
Incorporated in October 2018, Victory Electric Vehicles International Limited designs, manufactures, and distributes electric vehicles.
The company provides sustainable and eco-friendly mobility solutions by offering a wide range 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.
The company offers products 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.
The company integrates advanced technologies into its vehicles, such as lithium-ion battery systems, efficient electric drivetrains, and smart connectivity features.
It caters to both domestic and international markets, striving to offer reliable performance, cost-effective ownership, and minimal environmental impact.
Victory Electric Vehicles International Limited envisions a cleaner and greener future, aligning its mission with global efforts to reduce carbon emissions and dependence on fossil fuels.
Competitive Strength:
- Geographical presence in 12 states with dealers in all 12 states.
- Experienced Leadership Backed by a Skilled Professional Team.
- Robust Financial Performance.