243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Victory Electric Vehicles International Limited

New Delhi

Date of DRHP : 23 Nov 2024

Issue Type : Fixed Price Issue

IPO Type :
SME IPO

Victory Electric Basic Details

   Engineering - Automotive

Sub Sector: manufacture electric vehicles ranging from E-rickshaws, E-Cargo/Loader E -Rickshaws, Scooters etc

Exchange:
NSE Emerge

About the Company

Victory Electric Vehicles International Limited manufacture electric vehicles ranging from E-rickshaws, E-Cargo/Loader E -Rickshaws, Scooters etc. Their 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. Their business focuses on capturing the opportunity arising out of electrification of mobility in India and they also seek opportunities to export their EVs in select international markets in the future. At the helm of the company stands Mr. Sanjay Kumar Popli, the Managing Director, who brings substantial knowledge in electrical engineering, research and development. His extensive background in both traditional manufacturing and the electric vehicle sector positions him as a dynamic leader capable of navigating the complexities of the rapidly evolving electrical industry. Their reach spans across the length and breadth of India, with a robust distribution network.

Financial Summary (Annualised Basis)

Revenue :
31.84 Cr.

PAT :
3.88 Cr.

Victory Electric IPO Lead Manager(s)

Corpwis Advisors Private Limited

Victory Electric IPO Registrar

Maashitla Securities Private Limited

Victory Electric DRHP Details

Objects of issue

  • Capital Expenditure
  • Working Capital Requirements
  • General Corporate Expenses

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FAQs

Victory Electric Vehicles International operates in Engineering - Automotive and manufacture electric vehicles ranging from E-rickshaws, E-Cargo/Loader E -Rickshaws, Scooters etc. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of Victory Electric Vehicles International is Fixed Price Issue and Object of issue is

  • Capital Expenditure
  • Working Capital Requirements
  • General Corporate Expenses

The DRHP (Draft Red Herring Prospectus) of Victory Electric Vehicles International IPO was filed on 23 Nov 2024.

No, Victory Electric Vehicles International IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Victory Electric Vehicles International are not available now. You can apply in Victory Electric Vehicles International IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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