Victory Electric Vehicles International Limited
ListedSMEIndustrials / Automotive · NSE
Incorporated in October 2018, Victory Electric Vehicles International Limited designs, manufactures, and distributes electric vehicles, offering sustainable mobility solutions through a range of electric two-wheelers, three-wheelers, and commercial vehicles. The company’s product portfolio includes E-rickshaws, E-Cargo/Loader E-rickshaws, scooters, and customized three-wheelers such as food and ice cream vehicles, integrating advanced technologies like lithium-ion battery systems, efficient electric drivetrains, and smart connectivity features. Serving both domestic and international markets, Victory Electric Vehicles focuses on reliable performance, cost-effective ownership, and minimal environmental impact, with a mission aligned to global efforts in promoting green energy, reducing carbon emissions, and decreasing dependence on fossil fuels.
Price Band
₹41
Issue Size
₹35.00 Cr
Lot Size
3000 shares
GMP
—
Est. Listing
₹41
at current GMP
Subscribed
1.02x
overall
Open
7 Jan 2026
Close
9 Jan 2026
Allotment
12 Jan 2026
Refund
13 Jan 2026
Demat Credit
14 Jan 2026
Listing
14 Jan 2026
Last updated 12 days ago
Official Registrar Verification
Victory Electric Vehicles International Limited Allotment Status
Designated Registrar: Maashitla Securities Private Limited
Allotment Date
12 Jan 2026
Basis finalization
Refunds Initiate
13 Jan 2026
Mandate release
Demat Credit
14 Jan 2026
Shares in demat
Listing Debut
14 Jan 2026
Trading begins
How to Check Victory Electric Vehicles International Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Maashitla Securities Private Limited's allotment portal.
- Select Victory Electric Vehicles International Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Victory Electric Vehicles International Limited Public Issue & Market Profile
Victory Electric Vehicles International Limited is bringing an initial public offering (IPO) in the Industrials / Automotive sector with an aggregate issue size of ₹35 Crores. The shares are offered at a price band of ₹41 to ₹41 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2026-01-09, the basis of allotment is scheduled to be finalized on 2026-01-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.