Victory Electric Vehicles International is entering the public markets through SME IPO with an issue size of ₹34.56 crore. The issue consists of a fresh issue of equity shares. The shares are proposed to be listed on NSE & SME.
The IPO subscription window opens on January 7, 2026 and will remain open until January 9, 2026. The company plans to list its shares on January 14, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
Victory Electric Vehicles International Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Victory Electric Vehicles International that investors generally review before applying.
IPO Details at a Glance
| Company Name | Victory Electric Vehicles International |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue |
| Issue Type | Fixed Price IPO |
| Price | ₹41 Per Share |
| Lot Size | 3,000 Shares |
| Face Value | ₹5 Per Share |
| Exchange | NSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 423,000 | 5.02% |
| NII (HNI) | 4,002,000 | 47.47% |
| Retail | 4,005,000 | 47.51% |
| Total Shares Offered | 8,430,000 | 100.00% |
Victory Electric Vehicles International IPO Important Dates
The following table highlights the key dates for the Victory Electric Vehicles International IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 07 Jan 2026 |
|---|---|
| IPO Closing Date | 09 Jan 2026 |
| Allotment Finalization | 12 Jan 2026 |
| Initiation of Refunds | 13 Jan 2026 |
| Credit of Shares | 13 Jan 2026 |
| IPO Listing Date | 14 Jan 2026 |
Victory Electric Vehicles International IPO Size
| Total IPO Size | ₹34.56 Crore |
|---|---|
| Fresh Issue | ₹34.56 Crore |
Victory Electric Vehicles International IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Victory Electric Vehicles International IPO, which is a fixed price IPO priced at ₹41 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 6,000 | ₹41 | ₹246,000 |
| Retail (Max) | 2 | 6,000 | ₹41 | ₹246,000 |
| HNI (Min) | 3 | 9,000 | ₹41 | ₹369,000 |
Victory Electric Vehicles International IPO Promoter Holding
| Promoter(s) | The promoters of the company Sanjay Kumar Popli, Seema and Palak Poply |
|---|---|
| Pre-Issue Holding | 97.41% |
| Post-Issue Holding | 63.33% |
Victory Electric Vehicles International IPO FAQs
The Victory Electric Vehicles International IPO is a SME Fixed Price IPO with a total issue size of ₹34.56 crore.
The IPO will open for subscription on Wed, 07 Jan 2026 and will close on Fri, 09 Jan 2026.
The shares are being offered at a fixed issue price of ₹41 per equity share.
Investors can apply for the IPO with a minimum lot size of 3,000 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹246,000.
The shares of Victory Electric Vehicles International are expected to be listed on NSE & SME on Wed, 14 Jan 2026.
Each equity share in the IPO has a face value of ₹5.
The IPO consists of a Fresh Issue, where shares are being offered by existing shareholders.
How to Apply for Victory Electric Vehicles International IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
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