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Victory Electric Vehicles IPO Details: Dates, Price, Financials & Investment Outlook
Victory Electric Vehicles IPO: Check IPO dates, issue size, price, lot size, financials, G...
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V
SME IPO
LISTED
NSE, BSE
VICTORYELECTRICVEHICLES
Victory Electric Vehicles IPO
Victory Electric Vehicles IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹-6.55
-16.0%
Est. Listing: ₹34.45
Price Band
₹41
Per equity share
Lot Size
3000 Shares
Min Invest: ₹2,46,000
Issue Size
₹41 Cr
Total Public Offering
Issue Dates
6 January 2026 – 8 January 2026
Bidding period
Subscription
—
Total overall demand
Victory Electric Vehicles IPO Details
Key facts at a glance| IPO Open Date | 6 January 2026 | IPO Close Date | 8 January 2026 |
|---|---|---|---|
| Basis of Allotment | 11 January 2026 | Listing Date | 13 January 2026 |
| Price Band | ₹41 per share | Face Value | ₹10 per share |
| Market Lot Size | 3000 Shares | Min Investment (Retail) | ₹2,46,000 |
| Total Issue Size | ₹41 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Victory Electric Vehicles IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 6 January 2026 | Confirmed |
| IPO Close Date | 8 January 2026 | Confirmed |
| Basis of Allotment | 11 January 2026 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 13 January 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Victory Electric Vehicles IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 6,000 Shares | ₹2,46,000 |
| Retail (Max) | 2 Lots | 6,000 Shares | ₹2,46,000 |
| S-HNI (Min) | 3 Lots | 9,000 Shares | ₹3,69,000 |
| S-HNI (Max) | 8 Lots | 24,000 Shares | ₹9,84,000 |
| B-HNI (Min) | 9 Lots | 27,000 Shares | ₹11,07,000 |
Victory Electric Vehicles IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹-6.55 -16.0%
Estimated Listing Price
₹34.45
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 13 Jan 2026 | ₹0 | ₹41.00 | +0.00% |
| 8 Jan 2026 | ₹2 | ₹43.00 | +4.88% |
| 7 Jan 2026 | ₹0 | ₹41.00 | +0.00% |
| 6 Jan 2026 | ₹0 | ₹41.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Victory Electric Vehicles IPO Subscription Status
Demand breakdown by investor category
Retail
—
QIB
—
NII / HNI
—
Total
—
About Victory Electric Vehicles
Victory Electric Vehicles’ ₹35 crore fixed-price IPO is open from January 7 to January 9, 2026, at ₹41 per share, with listing on the NSE SME platform scheduled for January 14. The company reported a profit of ₹5.17 crores on revenue of ₹51.06 crores in FY25, and though listing gains may be muted according to current sentiment, analysts suggest a long-term investment view.
Victory Electric Vehicles IPO Market Lot
| Minimum Market Lot | 6,000 Shares |
| Application Amount | ₹2,46,000 |
Victory Electric Vehicles IPO – Lot Size Details
| Retail Minimum | 6,000 Shares – ₹2,46,000 |
| Retail Maximum | 6,000 Shares – ₹2,46,000 |
| S-HNI Minimum | 9,000 Shares – ₹3,69,000 |
| S-HNI Maximum | – |
| B-HNI Minimum | – |
Victory Electric Vehicles IPO Important Dates
| IPO Open Date | January 7, 2026 |
| IPO Close Date | January 9, 2026 |
| Basis of Allotment | January 12, 2026 |
| Refunds | January 13, 2026 |
| Credit to Demat Account | January 13, 2026 |
| IPO Listing Date | January 14, 2026 |
| IPO Bidding Cut-off Time | January 9, 2026 – 5 PM |
Victory Electric Vehicles IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 07 Jan 2026 |
| IPO Close Date | 09 Jan 2026 |
| Basis of Allotment | 12 Jan 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 14 Jan 2026 |
Note: The timeline for Victory Electric Vehicles IPO is tentative and subject to change.
Victory Electric Vehicles Objects of the Issue & Utilisation of Proceeds
| Purpose | Amount (₹ in Crores) |
|---|---|
| Capital Expenditure | ₹5.00 |
| Working Capital Requirement | ₹18.00 |
| General Corporate Purposes | ₹6.78 |
Victory Electric Vehicles Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Victory Electric Vehicles IPO Valuation FY2025
| Return on Equity (ROE) | 42.10% |
| Return on Capital Employed (ROCE) | 31.27% |
| EBITDA Margin | 15.32% |
| PAT Margin | 10.17% |
| Debt to Equity Ratio | 0.62 |
| Earning Per Share (EPS) | ₹3.30 (Basic) |
| Price/Earning (P/E) Ratio | 12.42 |
| Return on Net Worth (RoNW) | 42.11% |
| Net Asset Value (NAV) | ₹9.50 |
Victory Electric Vehicles Company Financial Report
To Be Updated Soon
Victory Electric Vehicles Company Valuation & Key Performance Indicators
To Be Updated Soon
Victory Electric Vehicles Peer Group Comparison
To Be Updated Soon
Victory Electric Vehicles IPO FAQs
Victory Electric Vehicles IPO opens for subscription on 6 January 2026 and closes on 8 January 2026.
The price band for Victory Electric Vehicles IPO is set at ₹41.00 per share.
The minimum market lot size is 3000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 6,000 Shares (₹2,46,000).
The latest Grey Market Premium (GMP) for Victory Electric Vehicles IPO is ₹-6.55. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Victory Electric Vehicles IPO is tentatively scheduled for 11 January 2026, and shares are expected to list on the stock exchanges on 13 January 2026.
The registrar details will be confirmed in the official prospectus.
Victory Electric Vehicles IPO Analysis & Articles