Zelio E-Mobility IPO Details
SME
Zelio E-Mobility IPO opens for subscription on 30 Sep 2025 and closes on 03 Oct 2025. The IPO will be listed on BSE with the tentative listing date set for 08 Oct 2025.
Zelio E-Mobility IPO price band has been fixed at ₹129 – ₹136 per share.The face value is ₹10 per share with a lot size of 1000.
Zelio E-Mobility IPO total issue size comprises 57,60,000 shares (aggregating up to ₹78.34 Cr.). This includes a fresh issue of 46,20,000 shares (aggregating up to ₹62.83 Cr.). Offer for Sale consists of 11,40,000 shares (aggregating up to ₹15.50 Cr.). Pre-issue shareholding stands at 1,65,30,000, which will increase to 2,11,50,000 post-issue.
Zelio E-Mobility IPO Lot Size : Individual Minimum is 2 lots (2,000 shares) amounting to ₹272,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹272,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹408,000. SHNI Maximum is 7 lots (7,000 shares) amounting to ₹952,000. BHNI Minimum is 8 lots (8,000 shares) amounting to ₹1,088,000.
The Lead Managers for Zelio E-Mobility IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Hem Finlease. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Zelio E-Mobility Limited RHP.
Zelio E-Mobility IPO Details
Zelio E-Mobility IPO Subscription
Zelio E-Mobility IPO Application Wise Breakup
Zelio E-Mobility IPO Dates
- 30 Sep 2025Opening dateOPD
- 03 Oct 2025Closing dateCOD
- 06 Oct 2025Allotment Date BOA
- 07 Oct 2025Initiation of RefundsIOR
- 07 Oct 2025Credit of SharesCOS
- 08 Oct 2025Listing dateLID
Zelio E-Mobility IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2000 | ₹272,000 |
| Individual Maximum | 2 | 2000 | ₹272,000 |
| SHNI Minimum | 3 | 3000 | ₹408,000 |
| SHNI Maximum | 7 | 7000 | ₹952,000 |
| BHNI Minimum | 8 | 8000 | ₹1,088,000 |
Zelio E-Mobility IPO Reservation
Promoter Holding
Zelio E-Mobility IPO Valuations
Zelio E-Mobility Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 53.89 | 29.08 | 15.47 | 8.57 |
| Total Income | 76.04 | 94.9 | 51.62 | 13.03 |
| Profit After Tax | 7.05 | 6.31 | 3.06 | 1.27 |
| Net Worth | 17.71 | 10.67 | 4.36 | 1.3 |
| Reserves and Surplus | 17.68 | 10.64 | 4.33 | 1.27 |
| Total Borrowing | 21.97 | 14.11 | 9.59 | 3.73 |
| Amount in ₹ Crore | ||||
About Zelio E-Mobility IPO
Incorporated in 2021, Zelio E-Mobility Limited is engaged in manufacturing, assembling and supplying of electric vehicles like two-wheelers and three-wheelers.
The company, operating under the brands "Zelio" (E-2Ws) and "Tanga" (3Ws), focuses on producing eco-friendly electric vehicles with lower emissions, reduced noise, and energy sustainability, supported by a wide dealer network.
The company operates from a 24,458.01 sq. meter facility in Ladwa, Haryana, with an annual production capacity of 72,000 electric two-wheelers and three-wheelers, using advanced machinery for manufacturing and assembly.
Product Portfolio:
The product portfolio comprises of various electric 2- wheelers and 3- wheelers are EEVA, EEVAZX,GRACY, Legender, Mystery, XMen.
As on February 28, 2025, the company has employed around 176 employees excluding board of directors at various levels of the organization.
Strength Of Zelio E-Mobility IPO
1. Extensive network of dealers covering major parts of India.
2. Quality Assurance ensuring standardized product quality.
3. Revenue derived from a geographically dispersed customer base.
4. Proven track record of Financial Success.
5. Experienced Promoters with senior management backed by marketing team.
Risk Of Zelio E-Mobility IPO
1. Our Company has been recently formed, thus we have limited operating history as a Company which may make it difficult for investors to evaluate our historical performance or future prospects.
2. Our Company is dependent on limited number of suppliers within limited geographical location for procurement of raw materials. Any delay, interruption or reduction in the supply of raw materials required for our products may adversely affect our business, results of operations, cash flows and financial condition.
3. We generate our major portion of turnover from our operations in certain geographical regions and any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.
4. We source our majority of the raw materials from international market i.e. China. Any adverse developments affecting our procurement in this region could have an adverse impact on our revenue and results of operations.
5. We require certain approvals, licenses, registrations and permits to operate our business, and failure to obtain or renew them in a timely manner or maintain the statutory and regulatory permits and approvals required to operate our business may adversely affect our operations and financial conditions.
6. Our historical performance is not indicative of our future growth or financial results and we may not be able to sustain our historical growth rates.
7. Our business is dependent on our manufacturing unit and we are subject to certain related risks; Unplanned slowdowns, unscheduled shutdowns or prolonged disruptions in our manufacturing operations could have an adverse effect on our business, results of operations, cash flows and financial condition.
8. We may not be able to adequately protect or continue to use our intellectual property.
9. The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of our company.
10. We have experienced negative operating cash flows in the past. Any operating losses or negative cash flows in the future could adversely affect our results of operations and financial conditions.
Objectives Zelio E-Mobility IPO
1. Repayment and/or pre-payment, in full or part, of borrowing availed by the Company
2. Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
3. To Meet Working Capital Requirement
4. General Corporate Purpose
Company Contact Details
Zelio E-Mobility Ltd.
Shop No. 542,
1st Floor, Auto Market,
Hisar – 125001
Hisar, Haryana, 125001
Phone: +91 9254993057
Email: cs@zelioebikes.com
Website: http://www.zelioebikes.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
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