Victory Electric Vehicles International IPO Subscription Status
The Victory Electric Vehicles International IPO has been subscribed 0.97x times overall. Retail investors have shown interest with bids for 1.01x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.38x. Qualified Institutional Buyers (QIBs) have subscribed 6.05x. Data last updated on 22 Jul, 01:09 PM.
The IPO subscription period has ended. The issue is currently undersubscribed, presenting a higher chance of allotment for applicants. The issue opened on 07 Jan, 2026 and closes on 09 Jan, 2026. The shares are expected to list on stock exchanges on 14 Jan, 2026.
Table of Contents
714 applications
Live Bidding
| Category | Offered | Applied | Applications | Bid Details | TIMES |
|---|---|---|---|---|---|
|
QIB
|
4,23,000 | 25,59,000 | 4 |
25,59,000
of 4,23,000
4 applications
|
6.05x |
|
NII
|
40,02,000 | 15,33,000 | 36 |
15,33,000
of 40,02,000
36 applications
|
0.38x |
|
Retail
|
40,05,000 | 40,44,000 | 674 |
40,44,000
of 40,05,000
674 applications
|
1.01x |
| TOTAL | 84,30,000 | 81,36,000 | 714 |
81,36,000
714 applications
-
|
0.97x |
Last Updated: 22 Jul 2026, 01:09 PM
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 99% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 6.05x. This often signals long-term confidence from professional funds.
Day-wise Subscription History
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
09 Jan 2026
DAY 3
|
0.95x
|
||
|
QIB
00.00x
NII
0.91x
Retail
0.99x
|
|||
|
08 Jan 2026
DAY 2
|
0.37x
|
||
|
QIB
00.00x
NII
0.09x
Retail
0.66x
|
|||
|
07 Jan 2026
DAY 1
|
0.29x
|
||
|
QIB
00.00x
NII
0.18x
Retail
0.40x
|
|||
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Victory Electric Vehicles International IPO Allotment Probability
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What Does This Subscription Data Mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
What is the current subscription status of Victory Electric Vehicles International IPO?
As of IPO close date (09 Jan, 2026), the Victory Electric Vehicles International IPO is subscribed 0.97x times. Retail category is 1.01x, and NII is 0.38x subscribed.
When is the allotment date for Victory Electric Vehicles International IPO?
The allotment for Victory Electric Vehicles International IPO is expected to be finalized on 12 January, 2026.
When will Victory Electric Vehicles International IPO list on the stock market?
Victory Electric Vehicles International is scheduled to list on BSE and NSE on 14 January, 2026.
What are the chances of getting allotment in Victory Electric Vehicles International IPO?
The retail category is oversubscribed at 1.01x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 6.05x mean for Victory Electric Vehicles International IPO?
Moderate — QIBs have subscribed 6.05x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Victory Electric Vehicles International IPO allotment status?
After the allotment date (12 Jan, 2026), you can check your Victory Electric Vehicles International IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Victory Electric Vehicles International IPO Further
Track every stage of this IPO from subscription to listing:
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