Zelio E-Mobility Limited IPO
BSE SMEListed On: Oct 8, 2025 at ₹ 154.9
₹ 272000 /2000 Shares
*Min Investment
30 Sep, 2025
Open Date03 Oct, 2025
Close Date06 Oct, 2025
Allotment Date08 Oct, 2025
Listing DateZelio E-Mobility IPO Live Subscription Details
View Subscription DetailsZelio E-Mobility IPO Issue Details
- Issue Price ₹129-136 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 57,60,000 shares(aggregating up to ₹78.34 crore)
- Fresh Share 46,00,000 shares(aggregating up to ₹62.83 crore)
- Offer For Sale 11,60,000 shares(aggregating up to ₹15.5 crore)
- Listing at BSE SME
- List Price 154.9
- Listing Date 2025-10-08
- Lead Manager Hem Securities Ltd.
- Registrar Maashitla Securities Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2000 | ₹272000 |
| Individual(max) | 2 | 2000 | ₹272000 |
| SHNI(min) | 3 | 3000 | ₹408000 |
| SHNI(max) | 7 | 7000 | ₹952000 |
| BHNI(min) | 8 | 8000 | ₹1088000 |
Zelio E-Mobility IPO Reservation
Zelio E-Mobility IPO offers total 57,60,000 shares. Out of which 10,93,000 (18.98%) allocated to QIB, 8,20,000 (14.24%) allocated to NII,19,14,000 (33.23%) allocated to RII, NA (NA%) allocated to employees and 16,39,000 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 16,39,000 (28.45%) | |
| Market Maker Shares Offered | 2,94,000 (5.1%) | |
| QIB Shares Offered | 10,93,000 (18.98%) | |
| NII (HNI) Shares Offered | 8,20,000 (14.24%) | |
| bNII < ₹10L | 5,46,000 (9.6%) | |
| sNII < ₹10L | 2,74,000 (4.81%) | |
| Individual Shares Offered | 19,14,000 (33.23%) | |
| Total Shares Offered | 57,60,000 (100%) |
Zelio E-Mobility IPO Documents
Zelio E-Mobility IPO Details
Zelio E-Mobility Limited IPO is an SME IPO, priced at ₹129-136 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 57,60,000 equity shares, aggregating up to ₹78.34 crores..
The IPO bidding window is open from Sep 30, 2025 to Oct 3, 2025. The allotment is expected to be finalized on Oct 6, 2025, and the tentative listing date is Oct 8, 2025.
The minimum lot size for Individual investors is 2000 shares, with a minimum investment of ₹272000.
Hem Securities Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Pvt.Ltd., and
Zelio E-Mobility IPO Subscription Analysis And Details
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 10,93,000 / 8,20,000 | 19,14,000 | 38,27,000 |
Day 1 30-09-25 06:00 PM | 1.00 / 0.02 x | 0.20 x | 0.39 x |
Day 2 01-10-25 06:00 PM | 1.27 / 0.13 x | 0.24 x | 0.51 x |
Day 3 03-10-25 06:00 PM | 1.61 / 1.76 x | 1.32 x | 1.50 x |
Zelio E-Mobility Valuations
Zelio E-Mobility Company Financials
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 53.89 | 29.08 | 15.47 | 8.57 |
| Revenue | 76.04 | 94.90 | 51.62 | 13.03 |
| Profit After Tax | 7.05 | 6.31 | 3.06 | 1.27 |
| Net Worth | 17.71 | 10.67 | 4.36 | 1.30 |
| Reserves & Surplus | 17.68 | 10.64 | 4.33 | 1.27 |
| Total Borrowing | 21.97 | 14.11 | 9.59 | 3.73 |
About Zelio E-Mobility Company
Incorporated in 2021, Zelio E-Mobility Limited deals with manufacturing, assembling and supply of electric vehicles such as two-wheelers and three-wheelers.Operating under the brands Zelio (E-2Ws) and 'Tanga' (3Ws), the company deals with the manufacturing of green electric vehicles with less emission, lower noise, and energy conservation, backed by a large chain of dealers.The company is headquartered in a 24,458.01 sq. meter facility in Ladwa, Haryana, with a production capacity of 72,000 electric two-wheelers and three-wheelers in a year, with the latest machinery for assembly and manufacturing.
Product Portfolio:Product portfolio includes different electric 2- wheelers and 3- wheelers are EEVA, EEVAZX,GRACY, Legender, Mystery, XMen.
As on February 28, 2025, the company has hired approximately 176 employees excluding board of directors at different levels of organization.
Zelio E-Mobility - Promoter(s)
Niraj Arya
Kunal Arya
Deepak Arya
Sayuri Arya
Pre Issue Share Holding : 100%
Post Issue Share Holding : 75.77%
Zelio E-Mobility IPO - Issue Objectives
Repayment and/or pre-payment, in full or part, of borrowing availed by the Company
Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
To Meet Working Capital Requirement
General Corporate Purpose
Contact Details
Zelio E-Mobility
Shop No. 542, 1st Floor, Auto Market, Hisar, Haryana, 125001
+91 9254993057
Registrar Contact Details
Maashitla Securities Pvt.Ltd.
+91-11-45121795-96
Zelio E-Mobility IPO - FAQs
Ans. Zelio E-Mobility Limited IPO is a SME IPO. The issue is priced at ₹129-136 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Sep 30, 2025, and closes on Oct 3, 2025. Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Zelio E-Mobility Limited IPO opens on Sep 30, 2025 and closes on Oct 3, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Zelio E-Mobility Limited IPO is 57,60,000 shares(aggregating up to ₹78.34 Cr).
Ans. The Zelio E-Mobility Limited IPO price band is set between ₹129-136 per equity share.
Ans. To apply for Zelio E-Mobility Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Zelio E-Mobility Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Zelio E-Mobility Limited IPO is Oct 6, 2025.
Ans. The Zelio E-Mobility Limited IPO will be listed on Oct 8, 2025.
Ans. Follow the steps to check the Zelio E-Mobility Limited IPO allotment status online.
