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Victory Electric Vehicles International Ltd. IPO
IPO Timeline
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7 Jan 2026Bidding Starts
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9 Jan 2026Bidding Ends
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12 Jan 2026Allotment Finalization
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14 Jan 2026Listing
About Victory Electric Vehicles International Ltd.
We are in the business of manufacturing Electric Vehicles which includes Electric Rickshaws, Passenger Rickshaws, E-Loaders, Cargo Rickshaws and Electric Scooters. Our 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.
Victory Electric Vehicles International Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Market Makers | 2,83,800 (3.37%) |
| Non Institutional Investors | 26,81,600 (31.81%) |
| Retail Individual Investors (RIIs) | 26,81,600 (31.81%) |
Victory Electric Vehicles International Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 51.06 Cr | 5.17 Cr | 7.04 Cr |
| 31 Mar 2024 | 48.76 Cr | 4.89 Cr | 7.09 Cr |
| 31 Mar 2023 | 52.14 Cr | 78.80 Lakh | 2.20 Cr |
Victory Electric Vehicles International Ltd. Background
Our Company was incorporated as " Victory Electric Vehicles International Private Limited " on October 26, 2018, as a private limited company, in accordance with the provisions of the Companies Act, 2013, pursuant to a Certificate of Incorporation dated October 26, 2018, bearing CIN No. U31909DL2018PTC341184 issued by the RoC, Central Registration Centre. Subsequently, our Company was converted to a public limited company, pursuant to a special resolution passed by our shareholders at the Extra Ordinary General Meeting held on February 10, 2020 and the name of our Company was changed to "Victory Electric Vehicles International Limited" and a fresh Certificate of Incorporation dated February 28, 2020 was issued to our Company bearing CIN No. U31909DL2018PLC341184 by the RoC, New Delhi.
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2018Company incorporated as a Private Limited Company
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2020Company converted from private limited to public limited
Company Crossed the revenue of Rs. 20 Cr in FY 2019-20
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2022Company increased the manufacturing capacity to 4,800 electric vehicles
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2023Company Crossed the revenue of Rs. 50 Cr in FY 2022-23
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2024Company increased the manufacturing capacity to 6,000 electric vehicles
Company launched a new variant of electric vehicles L-5, with 5 new models in the portfolio
1. Funding the capital expenditure of the company
2. Funding the working capital requirement of the Company
3. General corporate purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 41.00 |
| Open | - | ₹ 34.45 |
| Low | - | ₹ 32.75 |
| High | - | ₹ 34.45 |
| Last Trade | - | ₹ 32.75 |
1.Sanjay Kumar Popli
2.Seema
3.Palak Poply
Our Company operates in electric vehicle industry. India's electric vehicle (EV) sector is experiencing rapid growth, fuelled by government incentives, rising environmental concerns, and technological advancements. With initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric ... Read more
Phone no:9643108966
FAQs
When does Victory Electric Vehicles International Ltd. IPO opens and closes?
Victory Electric Vehicles International Ltd. IPO opens from 7th January to 9th January 2026.What is the size of Victory Electric Vehicles International Ltd. IPO?
The size of the Victory Electric Vehicles International Ltd. IPO is ₹34.56 Cr.What is the minimum investment and lot size required for the Victory Electric Vehicles International Ltd. IPO?
The minimum investment required is ₹1,23,000 and minimum lot size is 3000 shares.When is Victory Electric Vehicles International Ltd. IPO listing date?
The Victory Electric Vehicles International Ltd. IPO will be listed on 14th January 2026.What is the objective of Victory Electric Vehicles International Ltd. IPO?
1. Funding the capital expenditure of the company2. Funding the working capital requirement of the Company
3. General corporate purposes
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