Victory Electric Vehicles International Limited IPO
About Victory Electric Vehicles International Limited
Victory Electric Vehicles International Limited, a Haryana-based company, has been a leading provider of eco-friendly and affordable E-Vehicle transportation solutions. Our company offers sustainable and convenient transportation options for commuters, tourists, and small businesses.
Founded in 2011, Victory Group embarked on a transformative journey, initially as a partnership and evolving into a private limited company before expanding further as a limited company. Our growth reflects our commitment to excellence and innovation in every step of our journey.
With a strong focus on quality and customer satisfaction, we provide a wide range of E-Vehicle models, including E-Rickshaws, E-Autos, Garbage E-Rickshaws, E-loaders, and Customized E-Rickshaws such as Ice cream E-Rickshaws, Milk Van E-Rickshaws, and many more, catering to diverse needs and requirements. Our E-Vehicles are equipped with advanced features such as comfortable seating, ample storage space, and convenient charging options.
At VEVIL, we understand the importance of environmental sustainability, and therefore, we strive to minimize our carbon footprint by promoting the use of clean energy sources. Our E-Vehicles are powered by electric motors, which not only reduce pollution but also ensure a quiet and smooth ride for our customers.
Whether you need a ride for your daily commute, a city tour, or a delivery service, we have the perfect E-Rickshaw solution for you. Contact us today to experience the convenience and sustainability of E-Rickshaw transportation.
IPO Details
84.3
₹41.00 - 41.00
3,000
₹2,46,000
5
IPO
NSE
INE0F8901022
0 (0)
IPO Timeline
Subscription Details
0.42x
0.18x
0x
0.3x
Victory Electric Vehicles International Limited Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹2,46,000 |
| Retail (Max) | 2 | 6000 | ₹4,92,000 |
| HNI (Min) | 3 | 9000 | ₹7,38,000 |
Strengths of Victory Electric Vehicles International Limited
- Geographical Presence: Presence across 12 states with an established dealer network, primarily focused on e-rickshaws for urban and rural mobility.
- Experienced Leadership: Led by a seasoned management team with over a decade of industry experience, driving strategy and execution.
- Financial Performance: Consistent profitability, including during COVID-19, supported by strong EBITDA and operational efficiencies.
Weakness of Victory Electric Vehicles International Limited
- Revenue is highly dependent on a few states and dealer relationships.
- Heavy reliance on third-party suppliers for key EV components and batteries.
- Operates in a highly competitive and fragmented EV market with low entry barriers.
- Past NCLT insolvency proceedings may impact investor confidence.
- Business performance depends significantly on promoters and key management personnel.
FAQs on Victory Electric Vehicles International Limited IPO
What are allotment date for the Victory Electric Vehicles International Limited ?
Allotment: 12-01-2026
What are the open and close dates for the Victory Electric Vehicles International Limited IPO ?
Opens on 07-01-2026, closes on 09-01-2026.
Can NRIs apply for the Victory Electric Vehicles International Limited IPO through PL Capital?
Yes, NRIs can apply for the Victory Electric Vehicles International Limited IPO through PL Capital, subject to RBI and SEBI guidelines. Applications can be made via the NRE or NRO account route.
Where is the Victory Electric Vehicles International Limited IPO getting listed?
The Victory Electric Vehicles International Limited IPO will be listed on NSE. The exact listing date is 14-01-2026.
What is the minimum and maximum investment allowed in the Victory Electric Vehicles International Limited IPO?
The minimum investment for retail investors in the Victory Electric Vehicles International Limited IPO is ₹2,46,000. The maximum retail investment allowed is ₹4,92,000.
What is the GMP for this IPO?
Current GMP is 0 (0%)
