Victory Electric Vehicles International IPO Details

SME

Victory Electric Vehicles International IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

Victory Electric Vehicles International IPO price band has been fixed at ₹72 – ₹72 per share.The face value is ₹5 per share with a lot size of 1600.

Pre-issue shareholding stands at 1,56,60,000, which will increase to 2,13,07,000 post-issue.

The Lead Managers for Victory Electric Vehicles International IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Corpwis Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Alacrity Securities. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Victory Electric Vehicles International Limited DRHP.

Victory Electric Vehicles International IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹72 - ₹72

Face Value

₹5 per share

Lot Size

1600

GMP

₹0

Issue Type

IPO

Listing On

NSE

Type

Fixed Price Issue

Share holding pre issue

15660000

Share holding post issue

21307000

Total Issue Size

Fresh Issue

Offer for Sale

DRHP Status

Exchange Approval Received

Victory Electric Vehicles International IPO Lot Size

Application	Lots	Shares	Amount
To be announced

Victory Electric Vehicles International IPO Reservation

Promoter Holding

Pre Issue:97.41%

Post Issue:71.60%

Promoter Names:

Sanjay Kumar Popli, Seema, Palak Poply

Documents

› Victory Electric Vehicles International IPO DRHP

Victory Electric Vehicles International IPO Valuations

ROE:70.19%

ROCE:44.78%

DEBT/EQUITY:0.55

RONW:70.19%

PAT MARGIN:10.10%

PRICE TO BOOK VALUE:1.94

P/E Pre IPO:23.05

P/E Post IPO:29.57

Victory Electric Vehicles International Financial Information

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	37.55	21.94	19.17	20.82
Total Income	39.68	48.76	52.14	48.14
Profit After Tax	3.89	4.89	0.79	0.65
Net Worth	13.59	9.70	4.24	2.78
Reserves and Surplus	5.76	7.09	2.20	1.41
Total Borrowing	9.12	5.30	6.21	7.80
Amount in ₹ Crore

About Victory Electric Vehicles International IPO

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.

As of June 30, 2024, the company had 110 permanent employees.

Competitive Strength:

Experienced management with industry expertise.
Customer goal customised strategies.
Optimum use of technological infrastructure.
Strong customer relationship.

Strength Of Victory Electric Vehicles International IPO

To be announced

Risk Of Victory Electric Vehicles International IPO

To be announced

Objectives Victory Electric Vehicles International IPO

1. Capital Expenditure

2. Working Capital Requirement

3. General Corporate Purposes

Company Contact Details

Victory Electric Vehicles International Ltd.
Plot no 6, Second Floor
A-5, Maa Bhagwati Apartment
Paschim Vihar
West Delhi, New Delhi, 110063
Email: compliance@victoryevindia.com
Website: http://www.victoryevehilceindia.com/