The Victory Electric Vehicles International SME IPO was subscribed 0.95 times in total when bidding closed on 9 January 2026. The issue closed under-subscribed overall; an issue must reach 90 percent of the offer to proceed to allotment.
| Day | Retail | Total |
|---|---|---|
| Day 1 (7 January 2026) | 0.38× | 0.28× |
| Day 2 (8 January 2026) | 0.65× | 0.42× |
| Day 3 (9 January 2026) | 0.99× | 1.00× |
Check the Victory Electric Vehicles International SME IPO allotment status
0.95 times overall. The figure is the shares bid for divided by the shares offered in that category, from the exchanges' cumulative bid data.
Not at the close: 0.95 times overall. Below one time, every valid application in the category is due a full allotment, provided the issue reaches the 90 percent minimum.
Qualified institutional buyers are mutual funds, insurers, banks and foreign institutions. Non-institutional investors, also called HNI, are individuals and bodies bidding above two lakh rupees, split into small (two to ten lakh) and big (above ten lakh). Retail is an individual bidding up to two lakh rupees. An SME issue sets aside at least 35 percent of the offer for retail and 15 percent for NII after the market maker's portion.
No. Subscription measures demand during the three bidding days; the listing price is discovered in the pre-open session on listing morning and depends on the market that day. Heavily subscribed issues have listed at a discount and thin ones at a premium. Read the figure with the expected premium and the company's numbers, not instead of them.
12 January 2026. The allotment status is searchable by PAN on Rupix and on the registrar's page from that evening.