Zelio E-Mobility Limited is engaged in the business of manufacturing, assembling, and supplying electric vehicles, offering a wide range of electric two-wheelers (E-2Ws) and three-wheelers (3Ws) under the brand names “Zelio” and “Tanga” respectively. With multiple design, color, and speed variants, the company focuses exclusively on eco-friendly mobility solutions that deliver lower emissions, reduced noise, and energy sustainability. Zelio E-Mobility is an ISO 45001:2018, ISO 9001:2015, and ISO 14001:2015 certified company, reflecting its strong commitment to quality, safety, and environmental standards. In FY 2021-22, the company launched its first range of electric scooters, marking its entry into India’s fast-growing EV sector. Today, it operates through a network of exclusive and non-exclusive dealers, extending its reach across urban, semi-urban, and rural areas, catering to the rising demand for affordable and sustainable electric mobility.
Price Band₹129 - ₹136 |
Dates30 Sep - 03 Oct |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹78.34 Crs |
Zelio E-Mobility IPO Objects
- Repayment of borrowing availed by our Company
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
- To Meet Working Capital Requirement
- General Corporate Purpose
Zelio E-Mobility IPO Details
Price Band₹129 - ₹136 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹62.83 Cr (0.46 Cr Shares) |
Offer For Sale₹15.50 Cr (0.11 Cr Shares) |
Total Issue₹78.34 Cr (0.58 Cr Shares) |
Face Value₹10 per equity share |
Zelio E-Mobility IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,000
2,72,000
Maximum
2
2,000
2,72,000
|
|||
| Small HNI |
Minimum
3
3,000
4,08,000
Maximum
7
7,000
9,52,000
|
|||
| Big HNI |
Minimum
8
8,000
10,88,000
|
|||
Zelio E-Mobility IPO GMP
The estimated Grey Market Premium of Zelio E-Mobility IPO is ₹0 per share (0.00%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 2,94,000 EQ Shs |
Zelio E-Mobility IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 172.19 | 94.43 | 51.25 |
| Profit after Tax | 16.01 | 6.31 | 3.06 |
| Net Worth | 26.67 | 10.67 | 4.36 |
| Total Borrowing | 30.68 | 14.11 | 9.59 |
| Total Assets | 65.79 | 29.08 | 15.47 |
| NAV per share (in ₹) | 16.14 | 6.45 | 2.64 |
| EPS - Basic (in ₹) | 9.68 | 3.82 | 1.85 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 12.21% |
| PAT | 9.30% |
| ROE | 85.75% |
| ROCE | 36.86% |
| PE Ratio | 14.05 |
| PB Ratio | 8.43 |
| Mkt Cap (in Crs.) | 287.64 |
All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Zelio E-Mobility IPO Peer Comparision
Zelio E-Mobility IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Niraj Arya | 33.33% |
| Kunal Arya | 33.33% |
| Deepak Arya | 33.33% |
| Others | 0.01% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Niraj Arya | Chairman |
| Kunal Arya | Managing Director |
| Shubham Garg | CFO |
Company Details
Name: Zelio E-Mobility Limited
Address: Shop No. 542, 1st Floor, AutoÂÂ
Market, Hisar – 125001, Haryana,ÂÂ
India
Number: 9254071396
Email: cs@zelioebikes.com
Website: www.zelioebikes.comÂ
Book Running Lead Managers (BRLMs)
Hem Securities
Visit WebsiteRTAs
Maashitla Securities
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Zelio E-Mobility IPO is a SME IPO having an issue size of Rs. ₹78.34 Crs. Zelio E-Mobility IPO is priced at ₹129 - ₹136 per share. The issue opens on 30 Sep 25 and closes on 03 Oct 25.
Zelio E-Mobility IPO opens on 30 Sep 25 and closes on 03 Oct 25.
The estimated Grey Market Premium of Zelio E-Mobility IPO is ₹0 per share (0.00%).
The minimum lot size of Zelio E-Mobility IPO is 1000 shares & the minimum application amount is Rs. 136000.
The allotment date of Zelio E-Mobility IPO is 06 Oct 25.
The listing date of Zelio E-Mobility IPO is 08 Oct 25.
Zelio E-Mobility IPO is subscribed -.
Zelio E-Mobility IPO is priced at ₹129 - ₹136 per share.
Click the allotment link on Zelio E-Mobility IPO page of IPO360.
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