Zelio E-Mobility Ltd. IPO Details – Price, Date, GMP & Analysis
Open
SME
Price Range:
Rs.129.00 to 136.00
Issue Size:
Rs.78.34 Cr
Lot Size:
1000 shares
Open Date:
September 30
Zelio E-Mobility Ltd. IPO Overview
Bidding Dates
September 30 - October 3
Min Investment
₹129,000
Price Range
₹129.00 to 136.00
Issue Size
₹78.34 Cr
IPO DRHP Doc
Company Overview
Zelio E-Mobility Limited, incorporated in 2021, manufactures and supplies electric two-wheelers and three-wheelers under the brands "Zelio" and "Tanga." The company focuses on eco-friendly vehicles with lower emissions and operates from a facility in Haryana with an annual production capacity of 72,000 units. Its product portfolio includes various models such as EEVA, EEVAZX, GRACY, Legender, Mystery, and XMen. As of February 28, 2025, the company employs around 176 staff members.
IPO Timeline
Opens
Sep 30
Closes
Oct 3
Allotment
Oct 6
Refunds
Oct 7
Shares Credit
Oct 7
Listing
Oct 8
Opens
Sep 30
Closes
Oct 3
Allotment
Oct 6
Refunds
Oct 7
Shares Credit
Oct 7
Listing
Oct 8
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.00x | Partially Subscribed |
| NII (Non-Institutional Investors/HNI) | 0.02x | Undersubscribed |
| RII (Retail Individual Investors) | 0.20x | Undersubscribed |
| Total Subscription | 0.39x | Undersubscribed |
Last updated: Sep 30, 2025, 05:07 PM
Current GMP:
Rs.2
Est. Listing:
Rs.138
Est. Gain:
+1.5%
Star Rating:
★★★★★(0/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹65.79 Cr | ₹29.08 Cr | ₹15.47 Cr |
| EBITDA | ₹21.02 Cr | ₹8.76 Cr | ₹4.02 Cr |
| NET Worth | ₹26.67 Cr | ₹10.67 Cr | ₹4.36 Cr |
| Profit After Tax | ₹16.01 Cr | ₹6.31 Cr | ₹3.06 Cr |
| Reserves and Surplus | ₹10.14 Cr | ₹10.64 Cr | ₹4.33 Cr |
| Total Borrowing | ₹30.68 Cr | ₹14.11 Cr | ₹9.59 Cr |
| Total Income | ₹173.8 Cr | ₹94.9 Cr | ₹51.62 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Strong ties with asset management companies and clients.
- Wide dealer and customer network with presence in Tier-II and Tier-III cities.
- Balanced model combining physical and digital presence.
- Technology and integration expertise for seamless operations.
- Experienced and qualified management team driving growth.
IPO Details
Zelio E-Mobility IPO Details
| Face Value | ₹10 per share |
| Fresh Issue (Ex Market Maker) | 43,26,000 shares (aggregating up to ₹58.83 Cr) |
| IPO Date | September 30, 2025 to October 3, 2025 |
| Issue Price Band | ₹129 to ₹136 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | [.] |
| Lot Size | 1,000 Shares |
| Net Offered to Public | 54,66,000 shares (aggregating up to ₹74.34 Cr) |
| Offer for Sale | 11,40,000 shares of ₹10 (aggregating up to ₹15.50 Cr) |
| Reserved for Market Maker | 2,94,000 shares (aggregating up to ₹4.00 Cr)Hem Finlease Pvt.Ltd. |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Share Holding Post Issue | 2,11,50,000 shares |
| Share Holding Pre Issue | 1,65,30,000 shares |
| Total Issue Size | 57,60,000 shares (aggregating up to ₹78.34 Cr) |
Zelio E-Mobility IPO Reservation
Share Reservation Distribution
QIB
2,732,000 shares (47.43%)
Retail
1,914,000 shares (33.23%)
Anchor Investors
1,639,000 shares (28.45%)
QIB (Ex-Anchor)
1,093,000 shares (18.98%)
HNI (NII)
820,000 shares (14.24%)
bNII (>₹10L)
546,000 shares (9.48%)
Market Maker
294,000 shares (5.1%)
sNII (<₹10L)
274,000 shares (4.76%)
Zelio E-Mobility IPO Promoter Holding
| Promoter Holding Post Issue | 75.77% |
| Promoter Holding Pre Issue | 100.00% |
Key Dates
Open Date:September 30
Close Date:October 3
Listing Date:TBA
