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15 Days Price Change

Victory Electric IPO

Closing In

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Profile
Issue Size 34.56 Cr
Profile
Price Range 41  to  41 per share
Profile
Min Investment ₹41
Profile
Lot Size 1
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Face Value ₹5
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Our Company’s aim is to revolutionize the transportation industry by promoting Eco-friendly and efficient electric vehicles, empowering individuals and business to make a positive impact on the environment and society. Also, we aim to provide diverse range of E vehicles and services that cater to the unique requirements of our customers from passenger to cargo, tourism and more. Read More

Basic Info

Face Value 5 per share

Price 41  to  41 per share

P/E (x) 12.4

Sales( Cr.) 51

PAT( Cr.) 5

EPS 3.3

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Sanjay Kumar Popli Seema and Palak Poply

Pre Issue Share Holding 97.42%

Post Issue Share Holding 63.33%

Listing Details:

Listing Price: 34.45

Listing Gain: -19.01%

Current Price: 19.5

Gain On Issue: 19.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 07, 2026
Closing Date Jan 09, 2026
Allotment Jan 12, 2026
Refund Jan 13, 2026
Delivery of Shares Jan 13, 2026
Listing Date Jan 14, 2026

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 6000 246,000
Retail (Max) -- -- --
S-HNI (Min) 1 6000 246,000
S-HNI (Max) 4 24000 984,000
B-HNI (Min) 5 30000 1,230,000

Objective of the Issue

1. Capital Expenditure.2. Working Capital Requirements.3. General Corporate Expenses.

Issue

Category Nos Bid Bid (x)
QIB 0 2559000 0x
NII 0 1533000 0x
Retail 0 4044000 0x
EMP 0 0 0x
Total 0 8136000 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Victory Electric Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 47 52 48 51
Other Income 1 0 0 0
Total Income 48 52 49 51
Total Expenditure 46 50 41 43
Operating Profit 2 2 7 8
Interest 1 1 0 1
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 1 1 7 7
Provision for Tax 0 0 2 2
Profit After Tax 1 1 5 5
Adjustments 0 0 0 0
Profit After Adjustments 1 1 5 5
Adjusted Earnings Per Share 0.8 0.6 3.1 3.3

Victory Electric Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3 4 10 15
Minority's Interest 0 0 0 0
Borrowings 1 0 0 0
Other Non-Current Liabilities 1 1 1 1
Total Current Liabilities 16 14 11 15
Total Liabilities 21 19 22 31
Fixed Assets 2 1 1 2
Other Non-Current Assets 1 1 1 0
Total Current Assets 18 17 20 29
Total Assets 21 19 22 31

Victory Electric Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0
Cash Flow from Operating Activities 3 3 2 -2
Cash Flow from Investing Activities -1 -1 -1 -1
Cash Flow from Financing Activities -1 -2 -1 3
Net Cash Inflow / Outflow 0 -0 0 0
Closing Cash & Cash Equivalent 0 0 0 1

Victory Electric Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.79 0.64 3.12 3.3
CEPS(Rs) 1.11 0.91 3.3 3.45
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 3.39 3.46 6.19 9.5
Core EBITDA Margin(%) 2.57 3.53 14.51 15.83
EBIT Margin(%) 3.55 3.33 14.61 15.76
Pre Tax Margin(%) 1.93 2.1 13.58 13.79
PAT Margin (%) 1.36 1.52 10.1 10.17
Cash Profit Margin (%) 1.91 2.15 10.67 10.64
ROA(%) 3.1 3.94 23.84 19.48
ROE(%) 23.26 22.47 70.19 42.1
ROCE(%) 15.93 16.47 55.59 40.94
Receivable days 60.72 57.62 70.5 94.66
Inventory Days 53.32 29.33 19.07 31.96
Payable days 73.66 58.46 42.36 26.32
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.18 0.16 0.15 0.32
EV/Core EBITDA(x) 4.46 3.99 1.02 1.97
Net Sales Growth(%) 0 9.49 -6.68 4.99
EBIT Growth(%) 0 2.8 308.76 13.33
PAT Growth(%) 0 22.08 520.84 5.75
EPS Growth(%) 0 -18.32 385.24 5.75
Debt/Equity(x) 2.81 1.47 0.55 0.62
Current Ratio(x) 1.17 1.23 1.79 1.89
Quick Ratio(x) 0.73 1.12 1.47 1.55
Interest Cover(x) 2.18 2.71 14.21 7.98
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 6% 3% 0% 0%
Operating Profit CAGR 14% 59% 0% 0%
PAT CAGR 0% 71% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 42% 45% 40% 40%
ROCE Average 41% 38% 32% 32%

Company Contact Information

Victory Electric Vehicles International Ltd.

Bharti Rajput

+91 9643108966

compliance@victoryevindia.com

Plot No 6, Second Floor, A-5 Maa Bhagwati Apartment Paschim Vihar

IPO Lead Manager(s)

Victory Electric Vehicles International Ltd.

Corpwis Advisors Pvt Ltd.

Registrar Info

Victory Electric Vehicles International Ltd.

Maashitla Securities Pvt Ltd.

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, New Delhi – 110034

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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