Victory Electric Vehicles IPO Details
The Victory Electric Vehicles IPO is a fixed price issue with a total issue size of ₹35 cr Victory Electric Vehicles IPO opened for subscription on Jan 07, 2026 and closed on Jan 09, 2026. Victory Electric Vehicles IPO has set the price at ₹41 per share, with a lot size of 3000 shares. Minimum investment for Retail investors was ₹246,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jan 12, 2026, and listed on the NSE on Jan 14, 2026.
Maashitla Securities Pvt. Limited has been appointed as the registrar. Corpwis Advisors Private Limited IPO Lead Manager are the Book Running Lead Manager for the issue.
Before investing in the Victory Electric Vehicles IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 41 – 41
- Lot Size
- 3000
- Issue Size
- ₹35 Cr
- Minimum Investment
- ₹246000 (6000 Shares)
- Listing Date
- 14 January 2026
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Victory Electric Vehicles International Limited
Victory Electric Vehicles International Limited, incorporated in October 2018, is engaged in the design, manufacturing, and distribution of electric vehicles. The company is committed to delivering sustainable and eco-friendly mobility solutions that support the global transition toward green energy.
The company offers a diverse portfolio of electric vehicles, including electric two-wheelers, three-wheelers, and commercial electric vehicles. Its product range comprises E-rickshaws, E-cargo and loader E-rickshaws, electric scooters, and other utility-based electric vehicles.
In addition to standard models, Victory Electric Vehicles International Limited specializes in customized electric three-wheelers designed to meet specific business and operational requirements. These include purpose-built vehicles such as Food Three Wheelers, Ice Cream Three Wheelers, and other application-specific electric mobility solutions.
The company integrates advanced technologies across its product lineup, including lithium-ion battery systems, efficient electric drivetrains, and smart connectivity features, ensuring reliable performance, energy efficiency, and cost-effective ownership.
Victory Electric Vehicles International Limited serves both domestic and international markets, focusing on quality, durability, and minimal environmental impact. Guided by its vision of a cleaner and greener future, the company aligns its mission with global efforts to reduce carbon emissions and dependence on fossil fuels through the widespread adoption of electric transportation.
Victory Electric Vehicles IPO Promoters
- Sanjay Kumar Popli
- Seema
- Palak Poply
Promoters Holding
Holding Pre Issue
97.41%
Holding Post Issue
63.33%
Victory Electric Vehicles IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the capital expenditure of the company
- Funding the working capital requirement of the Company
- General corporate purposes
Address / Contact Info
Victory Electric Vehicles International Ltd. Address
Plot no 6, Second Floor
A-5, Maa Bhagwati Apartment
Paschim Vihar
West Delhi, New Delhi, 110063
- 9643108966
- compliance@victoryevindia.com
- Visit Website
IPO Snapshot
Book Running Lead Managers
- Corpwis Advisors Private Limited IPO Lead Manager
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Victory Electric Vehicles IPO is a Fixed price IPO with a total issue size of ₹35 crore. The Victory Electric Vehicles IPO price band is ₹41 to 41 per share. The Victory Electric Vehicles IPO subscription opens on Wed, Jan 7, 2026, and closes on Fri, Jan 9, 2026. The Victory Electric Vehicles IPO will be listed on the NSE. Maashitla Securities Pvt. Limited is the registrar for the Victory Electric Vehicles IPO.
The Victory Electric Vehicles IPO opens on Wed, Jan 7, 2026 and closes on Fri, Jan 9, 2026
Victory Electric Vehicles IPO Price Band is ₹41 to 41 per share.
Victory Electric Vehicles IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹246000 based on the upper price band
The minimum investment for Victory Electric Vehicles IPO is ₹246000, based on one lot of 3000 shares at the upper price band of ₹41 per share.
Investors can apply for the Victory Electric Vehicles IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jan 9, 2026. The application amount remains blocked until the Victory Electric Vehicles IPO allotment is finalized.
Victory Electric Vehicles IPO issue size is ₹35 crores.
Victory Electric Vehicles IPO allotment date is Wed, Jul 1, 2026.
The registrar for Victory Electric Vehicles IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Victory Electric Vehicles IPO allotment status, refund processing, and other IPO-related information.