Markets / IPO / Victory Electric Vehicles International

Victory Electric Vehicles International IPO

Updated 23:11

SME IPO on NSE Emerge · 2/3 Wheelers

Status

Listed

Price band

₹41

Lot size

3000 shares · ₹1,23,000

Subscribed

–

How it listed

Issue price

₹41

Listing price (open)

₹34.45 -15.98%

First-day close

₹32.75 -20.12%

Price now

₹13.00 -68.29%

Listing day	14 Jan 2026
Open / high / low / close	₹34.45 / ₹34.45 / ₹32.75 / ₹32.75
Shares traded on NSE	57,000
Market value at the listing-day close	₹79 cr

Closing prices since listing: 21 Oct ₹12.40, 22 Oct ₹12.65, 23 Oct ₹12.05, 26 Oct ₹12.65, 27 Oct ₹13.25, 28 Oct ₹13.20, 29 Oct ₹13.25, 3 Nov ₹12.60, 5 Nov ₹13.00, 6 Nov ₹13.00.

Victory Electric Vehicles International share price, live chart and technicals →

Key dates

Bidding opens	7 Jan 2026
Bidding closes	9 Jan 2026
Allotment	12 Jan 2026
Refunds and shares in demat	13 Jan 2026
Listing	14 Jan 2026

Lot size by investor type

Application	Lots	Shares	Amount
Individual investor (minimum)	2	6,000	₹2,46,000
HNI (minimum)	3	9,000	₹3,69,000

At ₹41 a share. In SME IPOs individuals must bid for at least 2 lots.

Subscription

Investor category	Shares bid for
Institutions (QIB)	25,59,000
HNI / NII	15,33,000
Total	40,92,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 9 Jan 2026 19:00.

Applications from individual investors

674 applications in the individual investors' category (bidding for the minimum 2 lots).

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹41	80.28 lakh shares	100.0%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Financials and valuation

	At issue price	Now
Market value	₹99 cr	₹31 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
Return on equity	–
Debt to equity	0.00

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: 2/3 Wheelers

Company	Listed	Subscribed	On listing	Since IPO
Ather Energy	6 May	1.43×	+2.18%	+467.51%
Delta Autocorp SME	14 Jan	–	+34.62%	-71.54%

IPO details

Price band	₹41
Final issue price	₹41
Lot size	3000 shares
Minimum investment	₹2,46,000 (2 lots, the minimum for individuals)
Market	NSE Emerge (SME)
Issue type	Fixed Price
Face value	₹5
Industry	2/3 Wheelers
Issue size	₹34.56 crore (about 84.30 lakh shares) · Fresh issue only
ISIN	INE0F8901022
Registrar	Maashitla Securities Private Limited Helpline: 45121795, ipo@mashitla.com
Lead managers	Corpwis Advisors Private Limited

Check allotment status

Allotment was finalised on 12 Jan 2026. Check it on the registrar's page (Maashitla Securities Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Victory Electric Vehicles International IPO price band and lot size?

The price band is ₹41 per share, and one lot is 3000 shares (₹1,23,000 at the upper price).

When is the Victory Electric Vehicles International IPO allotment date?

Allotment was finalised on 12 Jan 2026, the next working day after bidding closed on 9 Jan 2026.

How many times was the Victory Electric Vehicles International IPO subscribed?

Subscription figures are not available yet.

What is the Victory Electric Vehicles International IPO listing date?

It listed on 14 Jan 2026 on NSE Emerge (SME).

What was the Victory Electric Vehicles International listing gain?

It opened at ₹34.45 against an issue price of ₹41, a loss of 15.98%. It is now down 68.29% from the issue price.