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Victory Electric Vehicles Ipo


Objects of the Issue

  • Capital Expenditure

  • Working Capital Requirement

  • General Corporate Purposes

Victory Electric Vehicles IPO Review

  • Canara Bank –

  • DRChoksey FinServ –

  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Corpwis Advisors Private Limited

Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹1,15,200
Retail Maximum 1 1600 ₹1,15,200
S-HNI Minimum 2 3200 ₹2,30,400

IPO Open Date: 2025
IPO Close Date: 2025
Basis of Allotment: 2025
Refunds: 2025
Credit to Demat Account: 2025
IPO Listing Date: 2025

Period Ended Revenue Expense Profit After Tax Assets
2022 ₹48.14 ₹783.90 ₹0.65 ₹20.82
2023 ₹52.14 ₹1472.25 ₹0.79 ₹19.17
2024 ₹48.76 ₹2883.26 ₹4.89 ₹21.94
December 2024 ₹39.68 ₹1423.72 ₹3.89 ₹37.55

KPI Values
ROE: 70.19%
ROCE: 44.78%
EBITDA Margin: 14.44%
PAT Margin: 10.10%
Debt to equity ratio: 0.55
Earning Per Share (EPS): ₹18.95 (Basic)
Price/Earning P/E Ratio: 22.78
Return on Net Worth (RoNW): 70.19%
Net Asset Value (NAV): ₹37.17

Company EPS PE Ratio RoNW % NAV Income
Wardwizard Innovations & Mobilitity Limited 0.54 37.69 14.79% 3.94 – Cr.
Tunwal E-Motors Limited 2.85 10.74 82.17% 4.95 – Cr.

IPO Open Date: 2025
IPO Close Date: 2025
Face Value: ₹5 Per Equity Share
IPO Price Band: ₹72 Per Share
Issue Size: Approx ₹40.66 Crores
Fresh Issue: Approx ₹40.66 Crores
Issue Type: Fixed Price Issue
IPO Listing: NSE SME
Retail Quota: Not more than 50%
NII Quota: Not more than 50%
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here
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