Comparison between Victory Electric Vehicles IPO and Vijaypd Ceutical IPO.
Victory Electric Vehicles IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vijaypd Ceutical IPO is a SME Fixed Price proposed to list at NSE SME.
| Victory Electric Vehicles IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Corpwis Advisors Pvt.Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Alacrity Securities Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | ||
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Victory Electric Vehicles IPO is up to ₹32.83 Cr whereas the issue size of the Vijaypd Ceutical IPO is up to ₹18.26 Cr. The final issue price of Victory Electric Vehicles IPO is ₹41.00 per share and of Vijaypd Ceutical IPO is ₹35.00 per share.
| Victory Electric Vehicles IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹41.00 per share | ₹35.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 80,07,000 shares | 52,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹32.83 Cr | up to ₹18.26 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 80,07,000 shares | 52,16,000 shares |
| Issue Size Total (Amount) | up to ₹32.83 Cr | up to ₹18.26 Cr |
Victory Electric Vehicles IPO opens on Jan 07, 2026, while Vijaypd Ceutical IPO opens on Sep 29, 2025. The closing date of Victory Electric Vehicles IPO and Vijaypd Ceutical IPO is Jan 09, 2026, and Oct 01, 2025, respectively.
| Victory Electric Vehicles IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 07, 2026 | Sep 29, 2025 |
| Issue Close | Jan 09, 2026 | Oct 01, 2025 |
| Basis Of Allotment (Tentative) | Jan 12, 2026 | Oct 03, 2025 |
| Initiation of Refunds (Tentative) | Jan 13, 2026 | Oct 06, 2025 |
| Credit of Share (Tentative) | Jan 13, 2026 | Oct 06, 2025 |
| Listing date (Tentative) | Jan 14, 2026 | Oct 07, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Victory Electric Vehicles IPO P/E ratio is 12.41, as compared to Vijaypd Ceutical IPO P/E ratio of .
| Victory Electric Vehicles IPO | Vijaypd Ceutical IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Vijaypd Ceutical Ltd.'s revenue increased by 98% and profit after tax (PAT) rose by 191% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.41 | 78.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.33 | 56.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹98.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 42.10 | 28.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.27 | 17.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.62 | 0.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.11 | 14.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Victory Electric Vehicles IPO Retail Individual Investors (RII) are offered 40,05,000 shares while in Vijaypd Ceutical IPO retail investors are offered 40,05,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Victory Electric Vehicles IPO and 0 shares in Vijaypd Ceutical IPO.
| Victory Electric Vehicles IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 4,23,000 shares | 2,84,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 40,02,000 shares | 26,08,000 shares |
| RII | 40,05,000 shares | 26,08,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 80,07,000 shares | 52,16,000 shares |
Victory Electric Vehicles IPO subscribed 0.95x in total, whereas Vijaypd Ceutical IPO subscribed 1.37x.
| Victory Electric Vehicles IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.91x | 1.86x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.99x | 0.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.95x | 1.37x |
