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Open
30 Sep to 3 Oct, 2025
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Close
30 Sep to 3 Oct, 2025
3
Allotment
—
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Listing
Wed, Oct 8, 2025
Price Band
₹129 to ₹136
Issue Size
57,60,000 shares (agg. up to ₹78 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Oct 8, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
08-10-2025₹0Est. ₹136+0%
07-10-2025₹0Est. ₹136+0%
06-10-2025₹0Est. ₹136+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.37x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 65.79 | 29.08 | 15.47 |
| Total Income | 173.80 | 94.90 | 51.62 |
| Profit After Tax | 16.01 | 6.31 | 3.06 |
| EBITDA | 21.02 | 8.76 | 4.02 |
| NET Worth | 26.67 | 10.67 | 4.36 |
| Reserves and Surplus | 10.14 | 10.64 | 4.33 |
| Total Borrowing | 30.68 | 14.11 | 9.59 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Supertech EV Ltd. | SME | ₹29.90 Cr | ₹92 | 13.53 | ₹69.92 | -24.00% | ₹39.75 (+0.76%) |
| Delta Autocorp Ltd. | SME | ₹54.60 Cr | ₹130 | 18.03 | ₹167.25 | +28.65% | ₹34.45 (-0.29%) |
| Ather Energy Ltd. | Mainboard | ₹2,980.76 Cr | ₹321 | null | ₹302.30 | -5.83% | ₹1,267.10 (-2.57%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of borrowing availed by the Company | 20.00 |
| 2 | Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit | 19.45 |
| 3 | To Meet Working Capital Requirement | 8.00 |
| 4 | General Corporate Purposes | 9.09 |
| 5 | Issue Expenses | 7.83 |
| Total | 64.38 |
About Zelio E-Mobility IPO
Incorporated in 2021, Zelio E-Mobility Limited is engaged in manufacturing, assembling and supplying of electric vehicles like two-wheelers and three-wheelers. The company, operating under the brands "Zelio" (E-2Ws) and "Tanga" (3Ws), focuses on producing eco-friendly electric vehicles with lower emissions, reduced noise, and energy sustainability, supported by a wide dealer network. The company operates from a 24,458.01 sq. meter facility in Ladwa, Haryana, with an annual production capacity of 72,000 electric two-wheelers and three-wheelers, using advanced machinery for manufacturing and assembly. Product Portfolio: The product portfolio comprises of various electric 2- wheelers and 3- wheelers are EEVA, EEVAZX,GRACY, Legender, Mystery, XMen. As on August 31, 2025, our company has employed around 193 employees, excluding the board of directors at various levels of the organisation. Competitive 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 marketi
Contact Details
Zelio E-Mobility Ltd. AddressShop No.5421st FloorAuto MarketHisar, Haryana, 125001+91 9254993057cs@zelioebikes.comVisit Website