Victory Electric SME IPO Subscription Status
Victory Electric SME IPO closed on 9 January 2026 with an overall subscription of 1.02x based on shares applied. retail at 1.01x.
Allotment will be finalised on 12 January 2026. The stock is scheduled to list on NSE and BSE on 14 January 2026.
Issue Price
Rs 41.00
GMP Today
-
Overall Subscription
1.02x
Issue Size
₹32.83 Cr
Allotment Date
12 Jan 2026
Listing Date
14 Jan 2026
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?
A subscription of 1.02x by shares means the IPO received bids for 1 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
At 1.01x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~99% per application). Retail allotment is done by lottery when oversubscribed.
Victory Electric SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 1.01x.
- •Allotment odds: about 1 in 1 (~99% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
Check the Victory Electric SME IPO Allotment Status page from 12 January 2026 for your allotment result.
Victory Electric SME IPO Day-wise Subscription
| 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 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
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 June 2026, 3:17 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. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Victory Electric SME IPO NII subscription?
NII subscription for Victory Electric SME IPO will be updated during the subscription window.
What are allotment chances in Victory Electric SME IPO for retail?
At 1.01x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~99% per application). Allotment is done by lottery.
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?
Allotment odds in Victory Electric SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.