Zelio E-Mobility IPO Details
The Zelio E-Mobility IPO is a book build issue with a total issue size of ₹78.34 cr, comprising of fresh issue of 4326000 equity shares., and a offer for sale of 1140000 equity shares. Zelio E-Mobility IPO opened for subscription on Sep 30, 2025 and closed on Oct 03, 2025. Zelio E-Mobility IPO is set price band at ₹129 to ₹136 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹272,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 06, 2025, and listed on both the NSE and BSE on Oct 08, 2025.
Maashitla Securities Pvt. Limited has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Zelio E-Mobility IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 129 – 136
- Lot Size
- 1000
- Issue Size
- ₹78.34 Cr
- Minimum Investment
- ₹272000 (2000 Shares)
- Listing Date
- 08 October 2025
Current GMP
₹2 (+1.47%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Zelio E-Mobility Limited
Zelio E-Mobility Limited
Incorporated in 2021, Zelio E-Mobility Limited is engaged in the manufacturing, assembling, and supply of electric two-wheelers and three-wheelers. The company operates under two brands: “Zelio” for electric two-wheelers (E-2Ws) and “Tanga” for electric three-wheelers (E-3Ws).
With a strong focus on eco-friendly mobility solutions, Zelio is committed to reducing emissions, lowering noise pollution, and promoting energy sustainability. Its distribution is supported by a robust and expanding dealer network across India.
Manufacturing Facility
The company operates a state-of-the-art manufacturing facility spread across 24,458.01 sq. meters in Ladwa, Haryana. Equipped with advanced machinery for both manufacturing and assembly, the facility has an annual installed capacity of 72,000 units, covering electric two-wheelers and three-wheelers.
Product Portfolio
Zelio offers a diverse product lineup catering to different customer needs. Its portfolio includes:
- Electric Two-Wheelers: EEVA, EEVA ZX, GRACY, Legender, Mystery, XMen
- Electric Three-Wheelers (under brand “Tanga”)
Human Capital
As of February 28, 2025, the company employs approximately 176 personnel, excluding the board of directors, across various levels of operations.
Zelio E-Mobility IPO Promoters
- Niraj Arya
- Niraj Arya
- Deepak Arya
- Sayuri Arya
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
75.77%
Zelio E-Mobility IPO Objective
The Company Zelio E-Mobility IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment and/or pre-payment, in full or part, of borrowing availed by our Company
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
- To Meet Working Capital Requirement
- General Corporate Purpose
Address / Contact Info
Zelio E-Mobility Ltd.
Shop No. 542,
1st Floor,
Auto Market,
Hisar, Haryana, 125001
Phone: +91 9254993057
Email: cs@zelioebikes.com
Website: http://www.zelioebikes.com/
IPO Snapshot
Book Running Lead Managers
- Hem Securities Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Zelio E-Mobility IPO is a Book-building IPO with a total issue size of ₹78.34 crore. The Zelio E-Mobility IPO price band is ₹129 to 136 per share. The Zelio E-Mobility IPO subscription opens on Tue, Sep 30, 2025, and closes on Fri, Oct 3, 2025. The Zelio E-Mobility IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the Zelio E-Mobility IPO.
The Zelio E-Mobility IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025
Zelio E-Mobility IPO Price Band is ₹129 to 136 per share.
Zelio E-Mobility IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹272000 based on the upper price band
The minimum investment for Zelio E-Mobility IPO is ₹272000, based on one lot of 1000 shares at the upper price band of ₹136 per share.
Investors can apply for the Zelio E-Mobility IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Oct 3, 2025. The application amount remains blocked until the Zelio E-Mobility IPO allotment is finalized.
Zelio E-Mobility IPO issue size is ₹78.34 crores.
Zelio E-Mobility IPO allotment date is Wed, Jul 1, 2026.
The registrar for Zelio E-Mobility IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Zelio E-Mobility IPO allotment status, refund processing, and other IPO-related information.
The Zelio E-Mobility IPO GMP (Grey Market Premium) is ₹2 as of Fri, Oct 3, 2025. Based on the upper price band of ₹136 per share, the estimated Zelio E-Mobility IPO listing price is ₹138, indicating a potential listing gain of approximately 0% over the issue price.