Zelio e mobility limited IPO Overview
Zelio e mobility limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹78.34 Cr. The IPO price band is set at ₹129 to ₹136 per share, and retail investors can apply with a minimum investment of ₹2.72 L as per IPO guidelines.
The Zelio e mobility limited IPO opens on 30 Sept 2025 and closes on 3 Oct 2025. The IPO allotment is expected to be finalized on 6 Oct 2025, and the equity shares are proposed to be listed on BSE on 8 Oct 2025.
Investors can refer to the Zelio e mobility limited IPO RHP-DRHP for detailed information. The issue is managed by Hem Securities Ltd. as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About zelio e mobility limited
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
Investment Objective
Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
To Meet Working Capital Requirement
General Corporate Purpose