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Victory Electric Vehicles International Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Victory Electric Vehicles International Ltd IPO

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 (Rs)41.00-0.00 (Rs)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 (Rs)41.00  
 
Projects
Capital ExpenditureGeneral Corporate Purposes
Working Capital Requirement
Promoted By
Sanjay Kumar Popli  
Seema  
Palak Poply  
Listing At
NSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd