Victory Electric Vehicles International
NSE SME₹115,200 / 1600 Shares
IPO Details
Victory Electric Vehicles International IPO is priced between ₹72 per equity share, with a face value of ₹5 per share. The company's equity shares will be listed on the NSE SME, and Maashitla Securities Private Limited is managing the issue as the registrar.
The IPO bidding period opened on N/A, and closed on N/A. The allotment results will be announced on N/A, with a tentative listing date set for 19 May, 2025.
The total issue comprises 56,47,000 shares, amounting to ₹40.66 Cr.
Victory Electric Vehicles International IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| TBA - TBA | 19 May, 2025 | ₹5 Per Equity Share | ₹72 per equity share | - | Shares | - | NSE SME |
Victory Electric Vehicles International IPO Timeline
Issue Price
₹72 per equity shareFace Value
₹5 Per Equity ShareListing at Group
NSE SMERegistrar
Maashitla Securities Private LimitedMarket Lot
1600 Shares (₹115,200/-)Lead Manager
Corpwis Advisors Private LimitedIssue Size
56,47,000 shares(aggregating up to ₹40.66 Cr)Retail Portion
50%Subscription
N/A timesVictory Electric Vehicles International IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 24 | 37.55 | 39.68 | 3.89 | 13.59 | 5.76 | 9.12 |
| 31 Mar 24 | 21.94 | 48.76 | 4.89 | 9.70 | 7.09 | 5.30 |
| 31 Mar 23 | 19.17 | 52.14 | 0.79 | 4.24 | 2.20 | 6.21 |
| 31 Mar 22 | 20.82 | 48.14 | 0.65 | 2.78 | 1.41 | 7.80 |
All values are in ₹ Cr.
Victory Electric Vehicles International IPO Valuations
EPS PRE IPO ₹3.12/- | EPS POST IPO ₹2.44/- | PE PRE IPO 23.05 | PE POST IPO 29.57 | ROE 70.19% |
ROCE 44.78% | DEBT EQUITY 0.55 | RONW 70.19% | PAT MARGIN 10.10 | PRICE TO BOOK VALUE 1.94 |
About Company
Incorporated in October 2018, Victory Electric Vehicles International Limited is engaged in designing, manufacturing, and marketing electric vehicles.
The company offers green and sustainable mobility solutions by providing a diversified portfolio of electric two-wheelers, three-wheelers, and commercial vehicles. Victory Electric Vehicles International Limited works towards supporting the world's transition to green energy by encouraging the use of electric transportation.
The company provides products from E-rickshaws, E-Cargo/Loader E-rickshaws, Scooters, etc.The portfolio exceeds the traditional models to encompass tailormade E-Three Wheelers, aimed at meeting tailored needs like Food Three Wheelers and Ice Cream Three Wheelers etc.It combines cutting-edge technologies in vehicles, including lithium-ion battery sets, optimized electric drives, and intelligent connectivity functionality.
It appeals to both regional and global markets, aiming at delivering dependable performance, affordable cost of ownership, and low emissions.Victory Electric Vehicles International Limited is committed to a greener and cleaner tomorrow, joining the world in its drive to cut carbon emissions and reduce fossil fuel reliance.
The company had 110 permanent staff as of June 30, 2024.
Victory Electric Vehicles International IPO - Issue Objectives
- Capital Expenditure
- Working Capital Requirement
- General Corporate Purposes
Victory Electric Vehicles International
Plot no 6, Second Floor, A-5, Maa Bhagwati Apartment,Paschim Vihar New Delhi-110063Phone: +91 9643108966
Email: compliance@victoryevindia.com
Website: http://www.victoryevehilceindia.com/
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues