Zelio E-Mobility Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Following its successful public offering, Zelio E-Mobility Limited's made its market debut on Oct 08, 2025 and is now actively traded on the BSEplatform. The IPO mobilized 57,60,000 Shares in total capital, including 43,26,000 Shares in primary equity infusion.
The offering was structured with a price band of ₹129 to ₹136 and minimum investment lots of 1000 shares. Investor participation during the subscription window from Sep 30, 2025 to Oct 03, 2025 demonstrated market confidence in the company's prospects.
The allotment process concluded on Oct 06, 2025, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Zelio E-Mobility Limited, incorporated in 2021, is engaged in the manufacturing, assembling, and supply of electric two-wheelers and three-wheelers under the brands “Zelio” and “Tanga.” The company focuses on eco-friendly mobility solutions that reduce emissions, noise, and energy consumption, supported by a strong dealer network. Operating from a 24,458 sq. meter facility in Ladwa, Haryana, it has an annual capacity to produce 72,000 vehicles using advanced machinery. Its product range includes electric models like EEVA, EEVAZX, GRACY, Legender, Mystery, and XMen. As of February 28, 2025, Zelio E-Mobility employed about 176 people across various roles.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Extensive Dealer Network: A strong dealer base across India provides wide market reach.
- Multiple Revenue Sources: Diverse product lines reduce reliance on any single revenue stream.
- Proven Leadership Expertise: An experienced management team drives growth and strategic direction.
- Short Business Track Record: Limited operating history makes it harder for investors to assess performance.
- Reliance on Local Suppliers: Depending on a few suppliers may disrupt operations if supply is affected.
- High Dependence on Chinese Imports: Geopolitical or trade issues with China could impact procurement and revenue.
- Niraj Arya
- Kunal Arya
- Deepak Arya
- Sayuri Arya
Zelio E-Mobility Limited
Maashitla Securities Private Limited