The Victory Electric Vehicles IPO is an NSE SME fixed price public issue consisting entirely of a fresh issue aggregating to ₹34.56 crore. The IPO opened for subscription on January 7, 2026 and closed on January 9, 2026. Investors who applied during the IPO window are now awaiting the allotment announcement.
🔍 Victory Electric Vehicles IPO Allotment Status
The Victory Electric Vehicles IPO allotment is expected to be finalized on Monday, January 12, 2026. Once the basis of allotment is completed, applicants can check their allotment status through the official registrar website.
Status: ALLOTMENT PENDING / UPCOMING
Refund initiation and credit of shares to demat accounts are expected on January 13, 2026. The shares are scheduled to list on the NSE SME platform on January 14, 2026.
📌 Victory Electric Vehicles IPO Details
- Issue Size: ₹34.56 crore
- Issue Price: ₹41 per share (Fixed)
- Lot Size: 3,000 shares
- Minimum Retail Investment: ₹2,46,000
- Face Value: ₹5 per share
- Issue Type: Fixed Price IPO (SME)
- Listing: NSE SME
- Registrar: Maashitla Securities Pvt. Ltd.
📅 IPO Timeline
| IPO Open Date | Jan 07, 2026 |
| IPO Close Date | Jan 09, 2026 |
| Allotment Date | Jan 12, 2026 |
| Refunds / Demat Credit | Jan 13, 2026 |
| Listing Date | Jan 14, 2026 |
🏢 About Victory Electric Vehicles International Ltd.
Victory Electric Vehicles International Limited, incorporated in October 2018, is engaged in the designing, manufacturing, and distribution of electric vehicles offering eco-friendly and sustainable mobility solutions.
The company’s product portfolio includes electric two-wheelers, three-wheelers, e-rickshaws, cargo loaders, scooters, and customised electric vehicles such as food and ice-cream three-wheelers. Victory Electric integrates lithium-ion battery systems, efficient drivetrains, and smart connectivity features, serving both domestic and international markets.
With growing adoption of electric mobility, improving financial performance, and expansion plans, Victory Electric Vehicles has attracted strong interest among SME IPO investors.
Bookmark this page to stay updated on the Victory Electric Vehicles IPO allotment status, refunds, and NSE SME listing performance.