Issue Price
₹41
Per Share
GMP
NIL
Grey Market
Est. Listing
₹41
Expected Price
Min. Application
₹246,000
2 lots × 3000 shares
Incorporated in October 2018, Victory Electric Vehicles International Limited designs, manufactures, and distributes electric vehicles.The company provides sustainable and eco-friendly mobility solutions by offering a wide range of electric two-wheelers, three-wheelers, and commercial vehicles. Victory Electric Vehicles International Limited aims to contribute to the global shift towards green energy by promoting the adoption of electric transportation.The company offers products ranging from E-rickshaws, E-Cargo/Loader E-rickshaws, Scooters, etc.The 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 etc.The company integrates advanced technologies into its vehicles, such as lithium-ion battery systems, efficient electric drivetrains, and smart connectivity features.It caters to both domestic and international markets, striving to offer reliable performance, cost-effective ownership, and minimal environmental impact.Victory Electric Vehicles International Limited envisions a cleaner and greener future, aligning its mission with global efforts to reduce carbon emissions and dependence on fossil fuels.Competitive Strength:Geographical presence in 12 states with dealers in all 12 states.Experienced Leadership Backed by a Skilled Professional Team.Robust Financial Performance.
Victory Electric Vehicles International Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 423,000 | — | ₹1.73 Cr | — |
| TOTAL | 8,430,000 | 100.00% | ₹34.56 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹123,000 |
| Retail (Max) | 13 | 39,000 | ₹1,599,000 |
| sNII (Min) | 14 | 42,000 | ₹1,722,000 |
| bNII (Min) | 68 | 204,000 | ₹8,364,000 |
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 16.90 | 51.06 | 48.76 |
| EBITDA | 2.60 | 7.79 | 6.99 |
| Profit After Tax (PAT) | 1.62 | 5.17 | 4.89 |
| Net Worth | 16.50 | 14.87 | 9.70 |
| Total Assets | 33.19 | 31.29 | 21.94 |
| Reserves & Surplus | 8.67 | 7.04 | 7.09 |
| Total Borrowings | 4.85 | 9.29 | 5.30 |