Zelio E-Mobility IPO

1.57x

subscribed

Zelio E-Mobility IPO

listed
₹2.58LMin. investment
  1. Pre-apply
    29 Sep
  2. Bid start
    30 Sep
  3. Bid end
    3 Oct
  4. Allotment
    6 Oct
  5. Release of funds
    7 Oct
  6. Demat transfer
    7 Oct
  7. Listing
    8 Oct

About Zelio E-Mobility Limited

Price range₹129 – ₹136
IPO type
SME
Lot size1000 shares
Issue size₹78Cr
Draft Red Herring Prospectus
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Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives

Repayment of loans
31.80%
Capital expenditure
30.90%
General corporate purposes
24.40%
Working capital
12.70%

About Zelio E-Mobility Limited

Incorporated in 2021, Zelio E-mobility Ltd is a manufacturer of electric vehicles, primarily engaged in manufacturing, assembling, and supplying electric 2Ws under the brand name "Zelio" and 3Ws under the brand name "Tanga". Its manufacturing facility is located at Hisar, Haryana, with an installed capacity of 72,000 units/annum. In FY25, E-2Ws contributed 96.53% of total revenue, while the rest of the revenue came from the newly incorporated 3Ws segment. The company has a network of 337 dealers spread across 20+ states and UTs in India, with a primary focus on B2B transactions. The E-2W range includes models such as EEVA, EEVAZX, Gracy, Legender, Mystery, and X-Men, while the E-3W segment comprises Tanga and Tanga e-Loader variants. The top 10 states contributed 88.99% of total sales in FY25, with Haryana leading at 26.34%.

IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Sep-25
0.0 times (X)
0.02 times (X)
0.2 times (X)
0.39 times (X)
01-Oct-25
0.27X
0.13X
0.24X
0.58X
02-Oct-25
0.27X
0.13X
0.24X
0.58X
03-Oct-25
1.25X
0.44X
1.32X
1.57X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Zelio E-Mobility IPO ?

The issue size of the Zelio E-Mobility IPO is 78 Cr.

What is 'pre-apply' for Zelio E-Mobility IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Zelio E-Mobility IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.