IPO - Check IPO Date, Price, Lot Size

Zelio E-Mobility Ltd IPO

We are primarily engaged in the business of manufacturing, assembling and supplying of electric vehicles, offering a range of electric two-wheelers (E-2Ws) and three-wheelers (3Ws), available in a variety of design, color, speed variants etc. We are an ISO 45001:2018, ISO 9001:2015 and ISO 14001:2015 certified company, operating under the brand name Zelio for E-2Ws and Tanga for 3Ws and focussing exclusively on the production of E-2Ws and 3Ws which serves environmental benefits such as lower emissions, reduced noise, energy sustainability etc. We launched the first range of electric scooters in FY 2021-22 and operate through a network of exclusive and non-exclusive dealers spanning across urban, semi-urban, and rural areas.

Zelio E-Mobility Ltd IPO Details

Total Shares Offered

₹ 57,60,000

Offer to Public

11,40,000

Retail Max (Shares)

₹ 19,14,000

Pre Issue Promoters Holding

₹ 1,65,30,000

Exchange

BSE

Issue size

₹ 78.34 Cr

IPO Open Date

Sep 30, 2025

Close Date

Oct 3, 2025

Lot Size

2000

Min Investment

₹ 2,58,000

Issue Type

Book Building - SME

Listing Date

Oct 8, 2025

Zelio E-Mobility Ltd IPO Dates

Sep 30, 2025

Opening date

Oct 3, 2025

Closing date

Oct 6, 2025

Basis of Allotment

Oct 7, 2025

Initiation of Refunds

Oct 7, 2025

Credit of Shares

Oct 8, 2025

Listing date

Details

Sector	Type
Sector	Automobiles - Scooters And 3 - Wheelers
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0.64x	2732000	1756000
NII	2.12x	820000	1735000
Retail	1.32x	1914000	2530000
Employee	0x	0	0
Total	1.05x	5760000	6021000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

0.64x

2.12x

1.32x

1.05x

2732000

820000

1914000

5760000

1756000

1735000

2530000

6021000

Zelio E-Mobility Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	20.79	8.20	3.91
EBITDA	22.20	8.78	4.12
PAT	16.01	6.31	3.06
Total Assets	50.92	20.38	10.84
Share Capital	16.53	0.03	0.03
Total Borrowings	40.27	17.49	11.30
Operating Activities (Net Cash)	17.42	6.89	3.27
Investing Activities (Net Cash)	-3.84	-1.04	-3.72
Financing Activities (Net Cash)	40.27	17.49	11.30
Net Cashflow	0.32	0.05	0.10

About Zelio E-Mobility Ltd

Our Company was originally incorporated as a private limited Company in the name of Zelio Auto Private Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated on July 15, 2021 issued by the Registrar of Companies, Central Registration Centre, bearing CIN: U34102HR2021PTC096362. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on October 25, 2024, the name of our Company was changed from Zelio Auto Private Limited to Zelio E-Mobility Private Limited and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Central Processing Centre vide letter dated November 21, 2024. Subsequently, our Company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on November 22, 2024 and consequently the name of our Company was changed from Zelio E-Mobility Private Limited to Zelio E-Mobility Limited vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated November 29, 2024 issued by the Registrar of Companies, Central Processing Centre. Our Company's Corporate Identity Number is U34102HR2021PLC096362.

India's Electric Vehicle (EV) sector is experiencing rapid growth, fuelled by government incentives, rising environmental concerns, and technological advancements. With initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, India aims to significantly increase EV adoption, revolutionizing its transportation landscape towards sustainability and innovation. India has established an objective to elevate the proportion of Electric Vehicle (EV) sales to 30% in private cars, 70% in commercial vehicles, 40% in buses, and 80% in two-wheelers and three-wheelers by the year 2030. This equates to an ambitious objective of 80 million EVs on Indian roads by 2030. Additionally, India strives for complete domestic EV production through the 'Make in India' initiative.

Peer Comparison:

Delta Autocorp Ltd
Tunwal E-Motors Ltd

Zelio E-Mobility Ltd Key Points

Strengths

Extensive network of dealers covering major parts of India.

Quality Assurance ensuring standardized product quality.

Revenue derived from a geographically dispersed customer base.

Proven track record of Financial Success.

Experienced Promoters with senior management backed by marketing team.

Risk

Our Company has been recently formed, thus we have limited operating history as a Company which may make it difficult for investors to evaluate our historical performance or future prospects.

Our Company is dependent on limited number of suppliers within limited geographical location for procurement of raw materials. Any delay, interruption or reduction in the supply of raw materials required for our products may adversely affect our business, results of operations, cash flows and financial condition.

We generate our major portion of turnover from our operations in certain geographical regions and any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.

Strategy

Expand our manufacturing facility.

Expansion of our geographical footprint.

Continue to improve quality standards.

Scale up branding and promotional activities.

How To Apply for Zelio E-Mobility Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Zelio E-Mobility Ltd IPO?

Zelio E-Mobility Ltd's IPO offers shares for up to 62.83 It begins on Sep 30, 2025 and ends on Oct 3, 2025.

What is the price of the Zelio E-Mobility Ltd IPO?

The price of Zelio E-Mobility Ltd IPO ranges between ₹129 to ₹136 per share.

What are the open and close dates for the Zelio E-Mobility Ltd IPO?

The Zelio E-Mobility Ltd IPO opens on Sep 30, 2025 and closes on Oct 3, 2025.

When will the Zelio E-Mobility Ltd IPO be allotted?

The allotment for the Zelio E-Mobility Ltd IPO will be finalised on Oct 6, 2025. The shares will be listed on BSE and NSE on Oct 8, 2025.

What is the minimum lot size required for Zelio E-Mobility Ltd IPO?

The minimum lot size for Zelio E-Mobility Ltd IPO is 2000 shares, priced between ₹129 to ₹136 per share.

What is the GMP of Zelio E-Mobility Ltd IPO?

The GMP (Grey Market Premium) of Zelio E-Mobility Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Zelio E-Mobility Ltd IPO?

To check the allotment status of Zelio E-Mobility Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Zelio E-Mobility Ltd IPO getting listed?

The Zelio E-Mobility Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 30, 2025, and closes on Oct 3, 2025. The allotment is finalised on Oct 6, 2025.

How do you apply for the Zelio E-Mobility Ltd IPO?

To apply for the Zelio E-Mobility Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.