Victory Electric Vehicles IPO Review | Victory Electric IPO GMP | Victory IPO #ipo #gmp #nsesme

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Victory Electric Vehicles IPO
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Victory Electric Vehicles International Limited manufactures electric vehicles ranging from E-rickshaws, E-Cargo/Loader E -Rickshaws, Scooters etc.

Victory Electric Vehicles International, an Fixed Price Issue Issue amounting to ₹ 40.66 Crores, consisting entirely an Fresh Issue of 56.47 Lakh Shares. The subscription period for the Victory Electric Vehicles International IPO opens on May 20, 2025, and closes on May 23, 2025. The allotment is expected to be finalized on or about Tuesday, May 27, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, May 28, 2025.

The Share Price of Victory Electric Vehicles International IPO is set at ₹ 72 per equity share. The Market Capitalisation of the Victory Electric Vehicles International Limited at IPO price of ₹ 72 per equity share will be ₹ 153.41 Crores. The lot size of the IPO is 1,600 shares. Retail investors are required to invest a minimum of ₹ 1,15,200, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹ 2,30,400.

The Grey Market Premium (GMP) of Victory Electric Vehicles International showing listing gains of 0.00 %.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Victory Electric Vehicles International Limited IPO for Listing gain.

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