IPO

Zelio E-Mobility Limited IPO

BSE SME Allotment Awaited

Offer Date: Sep 30, 2025 - Oct 3, 2025

₹ 272000 /2000 Shares
*Min Investment

Check Allotment

30 Sep, 2025

Open Date

03 Oct, 2025

Close Date

06 Oct, 2025

Allotment Date

08 Oct, 2025

Listing Date
Zelio E-Mobility IPO Live Subscription Details
QIB 1.61x
Retail 1.32x
NII 2.12x
BHNI 2.85x
SHNI 0.65x
Total 1.57x
Last updated: 03 Oct 2025, 06:55 PM
Zelio E-Mobility IPO Issue Details
  • Issue Price ₹129-136 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Size
    • Total 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
  • 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 Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)22000₹272000
Retail(max)22000₹272000
SHNI(min) 33000₹408000
SHNI(max) 77000₹952000
BHNI(min) 88000₹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 CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered16,39,000 (28.45%)
Market Maker Shares Offered2,94,000 (5.1%)
QIB Shares Offered10,93,000 (18.98%)
NII (HNI) Shares Offered8,20,000 (14.24%)
bNII < ₹10L5,46,000 (9.6%)
sNII < ₹10L2,74,000 (4.81%)
Retail Shares Offered19,14,000 (33.23%)
Total Shares Offered57,60,000 (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 retail 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

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Zelio E-Mobility Valuations
EPS Pre IPO ₹/-
EPS Post IPO ₹/-
P/E Pre IPO
P/E Post IPO
ROE %
ROCE %
Debt/Equity
RoNW %
PAT Margin
Price to Book Value
Zelio E-Mobility Company Financials
All values are in ₹ Cr.
30-Sep-2431-Mar-2431-Mar-2331-Mar-22
Assets53.8929.0815.478.57
Revenue76.0494.9051.6213.03
Profit After Tax7.056.313.061.27
Net Worth17.7110.674.361.30
Reserves & Surplus17.7110.674.361.30
Total Borrowing21.9714.119.593.73
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.

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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
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

Contact Details

Zelio E-Mobility

Shop No. 542, 1st Floor, Auto Market, Hisar, Haryana, 125001

+91 9254993057

cs@zelioebikes.com

http://www.zelioebikes.com/

Registrar Contact Details

Maashitla Securities Pvt.Ltd.

+91-11-45121795-96

ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues