
Industrials / 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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹41
Band: ₹41
Estimated Listing Price
₹41
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,23,000
Estimated Profit / Lot
₹0
3000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹41 |
| 30 Oct 2026 | — | 0.0% | ₹41 |
| 29 Oct 2026 | — | 0.0% | ₹41 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Victory Electric Vehicles International Limited IPO is ₹0, which indicates an expected listing price of ₹41.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.