Victory Electric Vehicles International Limited IPO

NSE SME

Offer Date: TBA - TBA

IPO Cancelled

₹ 115200 /1600 Shares

Victory Electric Vehicles International IPO Details

TBA

Open Date

TBA

Close Date

TBA

Allotment Date

19 May, 2025

Listing Date

Issue Price

₹72 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

Market Lot

1600 Shares (₹115,200/-)

Lead Manager

Corpwis Advisors Private Limited

Issue Size

56,47,000 shares(aggregating up to ₹40.66 Cr)

Retail Portion

50%

Subscription

N/A times

IPO Docs

DRHP RHP

Victory Electric Vehicles International IPO Details

Victory Electric Vehicles International Limited IPO is an SME IPO, priced at ₹72 per equity share. The equity shares have a face value of ₹5 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 56,47,000 equity shares, aggregating up to ₹40.66 crores..

The IPO bidding window is open from TBA to TBA. The allotment is expected to be finalized on TBA, and the tentative listing date is May 19, 2025.

The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,15,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,30,400.

Corpwis Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Alacrity Securities Ltd. will act as the market maker for this issue.

Victory Electric Vehicles International Valuations

EPS Pre IPO

₹3.12/-

EPS Post IPO

₹2.44/-

P/E Pre IPO

23.05

P/E Post IPO

29.57

ROE

70.19%

ROCE

44.78%

Debt/Equity

0.55

RoNW

70.19%

PAT Margin

10.10

Price to Book Value

1.94

Victory Electric Vehicles International Company Financials All values are in ₹ Cr.

	31-Dec-24	31-Mar-24	31-Mar-23	31-Mar-22
Assets	37.55	21.94	19.17	20.82
Revenue	39.68	48.76	52.14	48.14
Profit After Tax	3.89	4.89	0.79	0.65
Net Worth	13.59	9.70	4.24	2.78
Reserves & Surplus	5.76	7.09	2.20	1.41
Total Borrowing	9.12	5.30	6.21	7.80

About The Company

Incorporated in October 2018, Victory Electric Vehicles International Limited is engaged in designing, manufacturing, and marketing electric vehicles.

The company offers green and sustainable mobility solutions by providing a diversified portfolio of electric two-wheelers, three-wheelers, and commercial vehicles. Victory Electric Vehicles International Limited works towards supporting the world's transition to green energy by encouraging the use of electric transportation.

The company provides products from E-rickshaws, E-Cargo/Loader E-rickshaws, Scooters, etc.The portfolio exceeds the traditional models to encompass tailormade E-Three Wheelers, aimed at meeting tailored needs like Food Three Wheelers and Ice Cream Three Wheelers etc.It combines cutting-edge technologies in vehicles, including lithium-ion battery sets, optimized electric drives, and intelligent connectivity functionality.

It appeals to both regional and global markets, aiming at delivering dependable performance, affordable cost of ownership, and low emissions.Victory Electric Vehicles International Limited is committed to a greener and cleaner tomorrow, joining the world in its drive to cut carbon emissions and reduce fossil fuel reliance.

The company had 110 permanent staff as of June 30, 2024.

Victory Electric Vehicles International - Promoter(s)

Pre Issue Share Holding: 97.41%

Post Issue Share Holding: 71.60%

Company Promoter(s)

Sanjay Kumar Popli
Seema and Palak Poply

Victory Electric Vehicles International IPO - Issue Objectives

Capital Expenditure
Working Capital Requirement
General Corporate Purposes

Other Details

Company Contact Details

Victory Electric Vehicles International

Plot no 6, Second Floor, A-5, Maa Bhagwati Apartment,Paschim Vihar New Delhi-110063

Phone: +91 9643108966

Email: compliance@victoryevindia.com

Website: http://www.victoryevehilceindia.com/

Registrar Contact Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues

Victory Electric Vehicles International IPO - FAQs

Ans. Victory Electric Vehicles International Limited IPO is a SME IPO. The issue is priced at ₹72 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on TBA, and closes on TBA. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Victory Electric Vehicles International Limited IPO opens on TBA and closes on TBA.

Ans. The size of Victory Electric Vehicles International Limited IPO is 56,47,000 shares(aggregating up to ₹40.66 Cr).

Ans. The IPO price band is set between ₹72 per equity share.

Ans. To apply for Victory Electric Vehicles International Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Victory Electric Vehicles International Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Victory Electric Vehicles International Limited IPO is TBA.

Ans. The Victory Electric Vehicles International Limited IPO will be listed on May 19, 2025.

Ans. Follow the steps to check the allotment status for Victory Electric Vehicles International Limited IPO here.