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
Overall Subscription
1.02x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
1.02x
High Net-Worth
Retail (RII)
1.01x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 4,002,000 | 4,092,000 | 1.02x |
| RETAIL | 4,005,000 | 4,044,000 | 1.01x |
| Total | 8,007,000 | 8,136,000 | 1.02x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 4 | 0.00x |
| NIB | — | 36 | 0.00x |
| RETAIL | 668 | 674 | 1.01x |
| Total Applications | 668 | 714 | 1.07x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Victory Electric Vehicles International Limited IPO GMP today?
Currently, Victory Electric Vehicles International Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹41 to ₹41 per equity share.
What is the expected profit per lot for Victory Electric Vehicles International Limited IPO?
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,23,000. Expected listing price is ₹41 per equity share.
What is the issue size and price band for Victory Electric Vehicles International Limited IPO?
The Victory Electric Vehicles International Limited IPO aggregate issue size is ₹35 Crores with an equity price band set at ₹41 to ₹41 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,23,000.
How can I check Victory Electric Vehicles International Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.02x (Retail: 1.01x, QIB: 0.00x, NII: 1.02x). You can track live multiples directly on our dedicated subscription page.
Where and when will Victory Electric Vehicles International Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2026-01-12. Investors can verify status using PAN card or application number.
When is the listing date for Victory Electric Vehicles International Limited IPO?
Victory Electric Vehicles International Limited shares are scheduled to list on NSE on 2026-01-14.