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Victory Electric Vehicles International Ltd

Registered Office: Plot No.6 2nd Floor A-5,Maa Bhagwati Apartment Paschim, New Delhi - 110063, Delhi, India.
Phone :    Fax:
Email :  compliance@victoryevindia.com  
Website :  www.victoryevehilceindia.com

Initial public issue of up to 84,30,000 equity shares of face value of Rs. 5/- each ( the"Equity Shares") of Victory Electric Vehicles International Limited("the Company" or the "Issuer") for cash at a price of Rs. 41/- per equity share (Including a Premium of Rs. 36/- per equity share) ("Issue Price") Aggregating up to Rs. 34.56 crores ("the Issue'), out of which 4,23,000 equity shares of face value of Rs. 5/- each for a cash price of Rs. 41/- per equity share, aggregating to Rs. 1.73 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 80,07,000 equity shares of face value of Rs. 5/- each at an issue price of Rs. 41/- per equity share aggregating of Rs.32.83 crores (is hereinafter referred to as the"Net Issue"). The issue and the net issue will constitute 35.00% and 33.24% respectively of the post issue paid up equity share capital of the company. Issue Price: Rs. 41/- per equity share of face value of Rs. 5/- each. The issue price is 8.20 times of the face value. Bids can be made for a minimum of 6,000 equity shares and in multiples of 3,000 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
07-Jan-26 09-Jan-26 41.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 3000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 29.78 Corpwis Advisors Pvt Ltd
Project Financed through Current Offer 34.56  
Post Issue Equity Share Capital 12.05  
Issue Price 41.00  

Project

  • Capital Expenditure
  • Working Capital Requirement
  • General Corporate Purposes

Promoted By

Sanjay Kumar Popli

Seema

Palak Poply

Listing At

NSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.