Victory Electric Vehicles International Limited IPO
Victory Electric Vehicles International Limited is a company engaged in the design, manufacturing, and distribution of electric vehicles, promoting sustainable transportation solutions. Their focus lies in innovation, quality, and eco-friendly mobility.
Min Investment
₹1,15,200
Lot Size
1,600 Shares
Price Range
₹72
Issue Size (₹ Cr.)
₹40.66
IPO Type
Future, NSE SME
Key Metrics
Face Value
₹ 5
GMP
₹ 0.0
Subscription
-
EPS
₹ 2.44
P/E Ratio
29.57 x
RoNW
70.19%
ROE
70.19%
Debt to Equity (₹ Cr.)
0.54
Strengths
- Eco-Friendly Product Line – Focused on clean, sustainable electric vehicles aligned with global green energy trends.
- Diverse Vehicle Portfolio – Offers a wide range of EVs catering to various customer needs and price segments.
- Experienced Management – Led by a team with strong expertise in the automobile and EV industry.
- Growing Market Demand – Operates in a rapidly expanding EV market with strong government support.
- In-House Manufacturing – Owns and operates production facilities ensuring quality control and cost efficiency.
Weaknesses
- Limited Market Presence – Still establishing its brand in a highly competitive EV industry.
- High Initial Costs – Significant upfront investment needed for R&D and production scalability.
- Dependence on Suppliers – Relies on third-party vendors for key components like batteries and electronics.
- After-Sales Network – Underdeveloped service and support infrastructure in many regions.
- Regulatory Challenges – Subject to evolving government policies and EV regulations, which may affect operations.
Financials
| Period Ended | 31-12-2024 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Assets (In Cr) | 37.55 | 21.94 | 19.17 | 20.82 |
| Revenue (In Cr) | 39.68 | 48.76 | 52.14 | 48.14 |
| Profit After Tax (In Cr) | 3.89 | 4.89 | 0.79 | 0.65 |
| Net Worth (In Cr) | 13.59 | 9.70 | 4.24 | 2.78 |
| Total Borrowing (In Cr) | 9.12 | 5.30 | 6.21 | 7.80 |
Company Details
- Plot no 6, Second Floor A-5, Maa Bhagwati Apartment Paschim Vihar
+91-9990156050
- compliance@victoryevindia.com
- http://www.victoryevehilceindia.com/
Registrar Details
- N/A
+91-11-45121795-96
- ipo@mashitla.com
- https://maashitla.com/allotment-status/public-issues
