Zelio E-Mobility Limited – IPO
Zelio E-Mobility Limited – IPO Details
| IPO Date | September 30, 2025 to October 3, 2025 |
| Listing Date | October 8, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 129 to ₹ 136 / Share |
| Lot Size | 1000 Shares |
| Total Issue Size | 57,60,000 shares (Aggregating up to ₹78.34 Cr) |
| Fresh Issue | 43,26,000 shares (Aggregating up to ₹58.83 Cr) |
| Offer for Sale | 11,40,000 shares of ₹10 (Aggregating up to ₹15.50 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,65,30,000 shares |
| Share holding post issue | 2,11,50,000 shares |
| Market Maker portion |
Zelio E-Mobility Limited Timeline (Tentative Schedule)
Zelio E-Mobility Limited IPO opens on September 30, 2025, and closes on October 3, 2025.
| IPO Open Date | September 30, 2025 |
| IPO Close Date | October 3, 2025 |
| Basis of Allotment | October 6, 2025 |
| Initiation of Refunds | October 7, 2025 |
| Credit of Shares to Demat | October 7, 2025 |
| Listing Date | October 8, 2025 |
| Cut-off time for UPI mandate confirmation | October 3, 2025 |
Zelio E-Mobility Limited IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | Rs.272,000 |
| Retail (Max) | 2 | 2,000 | Rs.272,000 |
| S-HNI (Min) | 3 | 3,000 | Rs.408,000 |
| S-HNI (Max) | 7 | 7,000 | Rs.952,000 |
| B-HNI (Min) | 8 | 8,000 | Rs.1,088,000 |
| HNI (Min) |
Zelio E-Mobility Limited IPO Promoter Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 75.77% |
Zelio E-Mobility Limited IPO Reservation
Zelio E-Mobility IPO offers a total of 57,60,000 shares. Out of which 27,32,000 (47.43%) allocated to QIB, 10,93,000 (18.98%) allocated to QIB (Ex- Anchor), 8,20,000 (14.24%) allocated to NII, 19,14,000 (33.23%) allocated to RII, and 16,39,000 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 2,94,000 (5.10%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 27,32,000 (47.43%) |
|
| NII (HNI) Shares Offered | 8,20,000 (14.24%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 19,14,000 (33.23%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 57,60,000 (100.00%) |
Zelio E-Mobility Limited IPO Anchor Investors Details
Zelio E-Mobility IPO raises ₹22.29 crore from anchor investors. Zelio E-Mobility IPO Anchor bid date is September 29, 2025.
| Bid Date | 2025-09-29 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 22.29 |
| Anchor lock-in period end date for 50% shares (30 Days) | December 5, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 4, 2026 |
About Zelio E-Mobility Limited
Established in 2021, Zelio E-Mobility Limited is involved in the production, assembly and distribution of electric vehicles such as two-wheelers and three-wheelers.
Based on the brand's "Zelio" (E-2Ws) and "Tanga" (3Ws), the company deals with the production of green electric vehicles with lower emissions, less noise pollution, and energy conservation supported through a large network of dealers.
The firm functions from a 24,458.01 sq. meter unit in Ladwa, Haryana, with a production capacity of 72,000 electric two-wheelers and three-wheelers per annum, utilizing sophisticated machinery for assembly and manufacturing.
Product Portfolio:
Product portfolio includes several electric 2- wheelers and 3- wheelers are EEVA, EEVAZX,GRACY, Legender, Mystery, XMen.
As of August 31, 2025, our company has had approximately 193 employees, not including the board of directors at different levels of the organisation.
Competitive Strengths:
Large network of dealers across significant portions of India
Quality Assurance providing quality of product as per standards
Revenue generated from geographically spread customer base
Established history of Financial Success
Experienced Promoters with senior management supported by marketing team
Key Performance Indicator
The market capitalization of Zelio E-Mobility IPO is ₹287.64 Cr.
| KPI | Values |
|---|---|
| ROE | 85.75% |
| ROCE | 36.86% |
| Debt/Equity | 1.32 |
| RoNW | 60.02% |
| P/BV | 21.09 |
| PAT Margin (%) | 9.30% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.68 | 7.57 |
| P/E (x) | 14.04 | 17.97 |
Note:
- The Pre IPO EPS is calculated based on Pre-IPO shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 202,5, that is available in RHP.
Objects of the Issue (Zelio E-Mobility Limited IPO Objectives)
Zelio E-Mobility Limited Contact Details
Zelio E-Mobility Ltd. Shop No. 542, 1st Floor, Auto Market, Hisar, Haryana, 125001 Phone: +91 9254993057 Email: [email protected] Website: http://www.zelioebikes.com/ |
Zelio E-Mobility Limited IPO Registrar
Maashitla Securities Pvt.Ltd. Phone: +91-11-45121795-96 Email: [email protected] Website: https://maashitla.com/allotment-status/public-issues |