Zelio E-Mobility IPO Description –Zelio E-Mobility is engaged in the manufacturing, assembling, and supply of electric vehicles (EVs). Operating under the brand names ‘Zelio‘ for electric two-wheelers (E-2Ws) and ‘Tanga‘ for electric three-wheelers (E-3Ws), the company offers a diversified portfolio of eco-friendly mobility solutions designed to reduce emissions, noise, and energy consumption.
Headquartered at Hisar, Haryana, operates through its corporate office and a manufacturing unit spread across 24,458 sq. meters, with an installed production capacity of 72,000 units per annum. The facility is equipped with advanced machinery, including a 32-meter conveyor line, welding machines, impact wrenches, and drilling tools.
Its dealership network spans over 337 dealers across 20+ states and union territories in India, with a strong presence in Uttar Pradesh (12.05%), Haryana (26.34%), and Gujarat (9.94%). The current product portfolio includes models such as EEVA, EEVAZX, Gracy, Legender, Mystery, XMen, Tanga, and Tanga e-Loader. As of 31 August 2025, Zelio E-Mobility employed approximately 193 personnel.
Promoters of Zelio E-Mobility – Niraj Arya, Kunal Arya, Deepak Arya, and Sayuri Arya
Table of Contents
Zelio E-Mobility IPO Details
| Zelio E-Mobility IPO Dates | 30 September – 3 October 2025 |
| Zelio E-Mobility Issue Price | INR 129 – 136 per share |
| Fresh Issue | 46,20,000 shares (INR 59.60 – 62.83 crore) |
| Offer For Sale | 11,40,000 shares (INR 14.71 – 15.50 crore) |
| Total IPO Size | 57,60,000 shares (INR 74.30 – 78.34 crore) |
| Minimum Bid | 2,000 shares (INR 2,72,000) |
| Lot Size | 1,000 shares (INR 1,36,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | BSE SME |
Zelio E-Mobility Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 51.25 | 94.43 | 172.19 |
| Expenses | 47.93 | 87.28 | 154.41 |
| Net income | 3.06 | 6.31 | 16.01 |
Zelio E-Mobility Offer News
- Zelio E-Mobility RHP
- Zelio E-Mobility Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Zelio E-Mobility Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 1.85 | 3.82 | 9.68 |
| PE ratio | – | – | 13.33 – 14.05 |
| RONW (%) | 70.13 | 59.15 | 60.02 |
| NAV | 0.79 | 2.64 | 6.45 |
| ROCE (%) | 29.61 | 34.84 | 36.86 |
| EBITDA (%) | 7.84 | 9.27 | 12.21 |
| Debt/Equity | 2.20 | 1.32 | 1.15 |
Zelio E-Mobility IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Zelio E-Mobility IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 10,93,000 | 8,20,000 | 19,14,000 | 38,27,000 |
| 3 Oct 2025 | 1.61 | 2.12 | 1.32 | 1.57 |
| 1 Oct 2025 | 1.27 | 0.49 | 0.24 | 0.58 |
| 30 Sep 2025 | 1.00 | 0.02 | 0.20 | 0.39 |
The market maker reservation portion of 2,94,000 shares and the anchor investor portion of 16,39,000 shares are not included in the above calculations.
Zelio E-Mobility IPO Allotment Status
Zelio E-Mobility IPO allotment status is now available on the Maashitla Securities website. Click on his link to get the allotment status.
Zelio E-Mobility IPO Dates & Listing Performance
| IPO Opening Date | 30 September 2025 |
| IPO Closing Date | 3 October 2025 |
| Finalization of Basis of Allotment | 6 October 2025 |
| Initiation of refunds | 6 October 2025 |
| Transfer of shares to demat accounts | 7 October 2025 |
| IPO Listing Date | 8 October 2025 |
| Opening Price on BSE SME | INR 154.90 per share (up 13.90%) |
| Closing Price on BSE SME | INR 162.60 per share (up 19.56%) |
Zelio E-Mobility Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, Maharashtra
Phone: +91-22-49060000
Email: [email protected]
Website: www.hemsecurities.com
Zelio E-Mobility Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square, Netaji
Subhash Place, Pitampura, New Delhi, 110034,
Tel: 011-4758143
E-mail: [email protected]
Website: www.maashitla.com
Zelio E-Mobility Contact Details
ZELIO E-MOBILITY LIMITED
Khewat No. 510 442, Hisar Road,
Ladwa, Hisar – 125006, Haryana,
Phone: +91 – 9254993057/ 9254071396
E-mail: [email protected]
Website: www.zelioebikes.com
IPO FAQs
What is the Zelio E-Mobility offer size?
Zelio E-Mobility’s offer size is INR 74.30 – 78.34 crores.
What is the Zelio E-Mobility offer price band?
Zelio E-Mobility public offer price is INR 129 – 136 per share.
What is the lot size of the Zelio E-Mobility IPO?
Zelio E-Mobility offer lot size is 1,000 shares.
What is Zelio E-Mobility’s IPO GMP today?
Zelio E-Mobility IPO GMP today is INR NA per share.
What is the Zelio E-Mobility kostak rate today?
Zelio E-Mobility kostak rate today is INR NA per application.
What is the Zelio E-Mobility IPO Subject to Sauda rate today?
Zelio E-Mobility Subject to Sauda rate today is INR NA per application.