Victory Electric SME IPO Subscription
ListedUpdated 14 January 2026, 9:15 AM IST· NSE SME
Victory Electric SME IPO subscription closed on 9 January 2026 at 1.02x overall by shares. retail at 1.01x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 12 January 2026. Listing date on NSE and BSE is 14 January 2026.
Victory Electric SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 7 Jan 2026 | - | 0.18x | 0.40x | 0.29x |
| Day 2 - 8 Jan 2026 | - | 0.09x | 0.66x | 0.37x |
| Day 3 - 9 Jan 2026 | - | 0.91x | 0.99x | 1.27x |
Victory Electric SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Victory Electric SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 1.01x | 1 in 1 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Victory Electric SME IPO Allotment Status page from 12 January 2026 for your result.
Victory Electric SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 41.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| Other | Rs 16.41 Cr | Rs 16.78 Cr | 1.02x |
| QIB | - | Rs 10.49 Cr | - |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 10.49 Cr | - |
| NII | - | Rs 6.29 Cr | - |
| Corporate | - | Rs 1.73 Cr | - |
| Individual | - | Rs 4.55 Cr | - |
| Other | - | - | - |
| IND | Rs 16.42 Cr | Rs 16.58 Cr | 1.01x |
| Total | Rs 32.83 Cr | Rs 33.36 Cr | 1.02x |
Victory Electric SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| Other | 445 | 40 | 0.09x |
| QIB | - | 4 | - |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 4 | - |
| NII | - | 36 | - |
| Corporate | - | 1 | - |
| Individual | - | 35 | - |
| Other | - | - | - |
| IND | 668 | 674 | 1.01x |
| Total | 1,113 | 714 | 0.64x |
What Do These Subscription Numbers Mean?
1.02x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.
At 1.01x subscription by applications, about 1 in 1 retail applicants may get allotment (~99% chance per application). Retail allotment is also by lottery.
Victory Electric SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 7 January 2026 |
| IPO Close Date | 9 January 2026 |
| Allotment Date | 12 January 2026 |
| Refund Initiation | 13 January 2026 |
| Share Credit to Demat | 13 January 2026 |
| Listing Date | 14 January 2026 |
| Minimum Investment | Rs 2,46,000.00 |
| Lot Size | 3000 shares |
About Victory Electric SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Victory Electric SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Victory Electric SME Details
Issue size, price, financials, and company info
Victory Electric SME GMP
Live grey market premium and listing estimate
Victory Electric SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Victory Electric SME Allotment
Allotment date, chances, and check by PAN
Victory Electric SME Review
SWOT, strengths, risks, and IPO review
Victory Electric SME FAQ
Common questions on dates, GMP, and allotment
Victory Electric SME Registrar
Registrar website and how to check allotment
Victory Electric SME Timeline
Open, close, allotment, and listing dates
Victory Electric SME News
Updates, blogs, and latest IPO news
Victory Electric SME IPO Subscription FAQs
What is Victory Electric SME IPO subscription status today?
Victory Electric SME IPO subscription closed on 9 January 2026 with overall subscription of 1.02x (by shares) as of 27 August 2026, 4:32 AM IST. QIB N/A, NII N/A, IND 1.01x.
What is the overall subscription of Victory Electric SME IPO?
Victory Electric SME IPO is subscribed 1.02x overall by shares at close on 9 January 2026. QIB N/A, NII N/A, and IND 1.01x.
What is Victory Electric SME IPO QIB subscription?
QIB subscription for Victory Electric SME IPO will appear here once institutional bids are recorded.
What is Victory Electric SME IPO IND subscription?
Victory Electric SME IPO IND subscription is 1.01x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Victory Electric SME IPO NII, SHNI, and BHNI subscription?
NII, SHNI, and BHNI subscription for Victory Electric SME IPO will update during the bidding window.
What are Victory Electric SME IPO retail allotment chances?
At 1.01x subscription by applications, about 1 in 1 retail applicants may get allotment (~99% chance per application). Allotment is by lottery.
What are Victory Electric SME IPO SHNI allotment chances?
Victory Electric SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Victory Electric SME IPO BHNI allotment chances?
Victory Electric SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Victory Electric SME IPO allotment date?
Victory Electric SME IPO allotment date is 12 January 2026. Check Victory Electric SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Victory Electric SME IPO subscription close?
Victory Electric SME IPO subscription closed on 9 January 2026. No new applications are accepted after the close.
What is Victory Electric SME IPO GMP today?
GMP for Victory Electric SME IPO is not available yet. Track Victory Electric SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Victory Electric SME IPO issue price and lot size?
Victory Electric SME IPO issue price is ₹41 per share. Lot size is 3000 shares. Minimum investment is ₹2,46,000 per lot (minimum 2 lots for SME). Issue size: ₹32.83 Cr.
When is Victory Electric SME IPO listing date?
Victory Electric SME IPO listing date is 14 January 2026 on NSE and BSE. Allotment is on 12 January 2026.
How does subscription affect Victory Electric SME IPO allotment?
In Victory Electric SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.02x overall, competition is moderate.
For allotment results from 12 January 2026, visit the Victory Electric SME IPO Allotment Status page. For listing day updates on 14 January 2026, download the IPOwiz App.
Sources
We match Victory Electric SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.