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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

ApplicationLot SizeSharesAmount
Retail Minimum11600₹1,15,200
Retail Maximum11600₹1,15,200
S-HNI Minimum23200₹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 EndedRevenueExpenseProfit After TaxAssets
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

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Wardwizard Innovations & Mobilitity Limited0.5437.6914.79%3.94– Cr.
Tunwal E-Motors Limited2.8510.7482.17%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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