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Allotment Status · Allotment: Jan 12, 2026 · Listing: Jan 14, 2026
Victory Electric Vehicles IPO IPO Allotment - Results Available
The basis of allotment for Victory Electric Vehicles IPO has been finalised on January 12, 2026. Listing on Jan 14, 2026.
The Victory Electric Vehicles IPO IPO allotment result is out. The IPO was subscribed 0.95 times overall — retail at 0.99× . To find out if you received shares, visit Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370) and enter your PAN number or application number. The stock is set to list on Jan 14, 2026 on NSE.
3 ways to verify your allotment — registrar portal, BSE, or broker app
You'll need any one of the following to check your allotment:
As of January 13, 2026
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
NII
|
4,002,000 | 3,645,000 |
0.91×
|
|
Retail
|
4,005,000 | 3,960,000 |
0.99×
|
|
Total
|
8,007,000 | 7,605,000 |
0.95×
|
Real questions investors ask about allotment, refunds & listing
The Victory Electric Vehicles IPO allotment result is out. The fastest way to find out: head to Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370), select Victory Electric Vehicles IPO from the IPO list, and enter your PAN number or application number. You'll see your allotment status in seconds.
Checking by PAN is the quickest method. Here's how: Step 1 — Go to Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370) allotment page. Step 2 — Select Victory Electric Vehicles IPO from the IPO dropdown. Step 3 — Choose "Search by PAN" and type your 10-character PAN (e.g., ABCDE1234F). Step 4 — Hit Search. Your allotment status — allotted or not allotted, and how many shares — will appear instantly. Results are available from January 12, 2026.
The basis of allotment for Victory Electric Vehicles IPO is January 12, 2026. On this date, Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370) finalises who gets allotted shares and in what quantity — based on the subscription ratio and a computerised lottery for retail investors. The IPO is then expected to list on January 14, 2026.
No need to stress. If you're not allotted shares, your blocked amount is automatically released — you don't need to do anything. For Victory Electric Vehicles IPO, refunds are expected by January 13, 2026. If you applied via UPI, the mandate block is removed automatically after allotment. If you applied via ASBA (bank), the amount gets unblocked within 1–2 working days. If your money hasn't been released 3 days after the refund date, contact your bank or broker.
Congratulations! Victory Electric Vehicles IPO shares will be credited to your demat account on January 13, 2026 — that's the day before listing. The IPO lists on January 14, 2026 on NSE. If you don't see the shares in your holdings after the credit date, try refreshing your app or check your CDSL/NSDL statement. Sometimes there's a delay of a few hours.
Victory Electric Vehicles IPO is scheduled to list on January 14, 2026 on NSE SME platform. Whether to sell on listing day depends on the grey market premium (GMP) trend and your own target. Check the latest Victory Electric Vehicles IPO GMP here — it gives a rough sense of where the stock might open, though GMP is unofficial and not a guarantee.
For retail investors in oversubscribed IPOs, applying for 1 lot gives the same allotment probability as applying for the maximum. Here's why: SEBI's lottery system gives each retail application — not each lot — one entry in the draw. So whether you apply for 1 lot or 13 lots, your odds of getting allotted are identical. The only difference is the amount of money that gets blocked in your account. The smart strategy: apply for the minimum 1 lot from multiple family member demat accounts to maximize your household's chances without locking up extra capital. For Victory Electric Vehicles IPO, minimum investment is ₹135,000 (1 lot at upper price band).
The Victory Electric Vehicles IPO IPO allotment process decides which investors receive shares — and how many. It's governed by SEBI regulations, carried out by a SEBI-registered registrar (Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370)), and the results are published on the stock exchanges for full transparency. The basis of allotment for this IPO is January 12, 2026.
After the subscription window closes, the registrar collects all valid bids and applies SEBI's allotment rules separately for each investor category:
Victory Electric Vehicles IPO closed with 0.95× overall subscription. Since retail subscription is below 1×, all retail applicants are likely to receive full allotment for the shares they applied for. Lucky you. Estimated allotment probability: High.
Basis of Allotment Finalised
Jan 12, 2026 — the registrar submits allotment data to BSE/NSE. This document is publicly available on the exchange websites.
Refunds Initiated
Jan 13, 2026 — unsuccessful applicants have their blocked amount released. UPI mandates are automatically revoked; ASBA unblocks within 1–2 working days.
Shares Credited to Demat
Jan 13, 2026 — allotted shares appear in your demat account holdings, one business day before listing.
Listing Day
Jan 14, 2026 — the stock lists on NSE SME platform. You can sell on the same day (T+0 settlement) or hold for the long term.
Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370)
IPO Registrar & Transfer Agent
Subscription Opens Done
Jan 07, 2026Subscription Closes Done
Jan 09, 2026Basis of Allotment Done
Jan 12, 2026Refunds Initiated Done
Jan 13, 2026Demat Credit Done
Jan 13, 2026Listing on NSE Done
Jan 14, 2026Applicants likely to get full allotment. Based on retail subscription of 0.99×.
View Full Subscription Data