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Victory Electric Vehicles
Price Band
₹
Issue Size
₹34.56 Cr
Lot Size
3,000 shares
Min Investment
₹246,000
GMP
+₹0.0 (0.0%)
Issue Price
₹41.0
calendar_month Important Dates
bar_chart Subscription Status
Subscription data unavailable
trending_up Grey Market Premium (GMP)
GMP
₹0.0
GMP %
0.0%
Est. Listing
₹41.0
schedule Updated: 14 Jul 2026 15:53
Share GMP:
business About the Company
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.
payments Company Financials (₹ Cr)
As of 2025-09-30
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 33.19 | 31.29 | 21.94 | 19.17 |
| Total Income | 16.90 | 51.06 | 48.76 | 52.14 |
| Profit After Tax | 1.62 | 5.17 | 4.89 | 0.79 |
| EBITDA | 2.60 | 7.79 | 6.99 | 1.80 |
| NET Worth | 16.50 | 14.87 | 9.70 | 4.24 |
| Reserves and Surplus | 8.67 | 7.04 | 7.09 | 2.20 |
| Total Borrowing | 4.85 | 9.29 | 5.30 | 2.90 |
Key Ratios
EPS
₹3.30
NAV
₹9.50
ROE
42.10%
ROCE
31.27%
RoNW
42.11%
P/B Value
4.32
P/E Ratio
12.41
Market Cap
₹98.77 Cr
PAT Margin
10.17%
Debt/Equity
0.62
Promoters
Sanjay Kumar Popli, Seema and Palak Poply
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure 5.00 2 Working Capital Requirement 18.00 3 General Corporate Purposes 6.78 4 Issue expenses 4.76 Total 34.54
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
07 Jan 2026
Close
09 Jan 2026
Allotment
12 Jan 2026
Listing
14 Jan 2026