Zelio E-Mobility Limited IPO
Zelio E-Mobility Limited IPO
Price Band
₹129 - ₹136
Total Issue
₹78.34 Cr
Bid Dates
30 Sep - 03 Oct
Subscription
1.46x
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 2,000 | ₹2,72,000 |
| Individual (Max) | 2 | 2,000 | ₹2,72,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,08,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,52,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,88,000 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
Zelio E-Mobility IPO Peer Comparison
Financial Performance
(Rs. in crores)
| 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 |
KPIs
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.
Shareholding
Promoter
100.00%
Public
0.00%
Management
Subscription Status
Updated as on 03 Oct 2025 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 1.61x | 10,93,000 | 17,56,000 |
| NII | 1.76x | 8,20,000 | 14,41,000 |
| bHNI | 2.31x | 5,46,667 | 12,62,000 |
| sHNI | 0.65x | 2,73,333 | 1,79,000 |
| Individual Investor | 1.32x | 19,14,000 | 25,30,000 |
| Total | 1.50x | 38,27,000 | 57,27,000 |
Frequently Asked Questions
What is Zelio E-Mobility IPO?
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When is the allotment of Zelio E-Mobility IPO?
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How to apply Zelio E-Mobility IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Zelio E-Mobility IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Zelio E-Mobility IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Zelio E-Mobility IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date