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 marketing team

Repayment and/or pre-payment, in full or part, of borrowing availed by the Company Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit To Meet Working Capital Requirement General Corporate Purpose