IPO Trending
ZELIOSME / BSEListed
Zelio E-Mobility

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.

₹129 - ₹1361.57x sub
Listed Price₹154.90
Listing Gain+13.90%

IPO Schedule & Timeline

Bookbuilding IPO
Open30 Sep 2025
Close03 Oct 2025
Allotment06 Oct 2025
Listing08 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor16,39,000 shares
28.45%
QIB10,93,000 shares
18.98%
HNI8,20,000 shares
14.24%
Retail19,14,000 shares
33.23%
Market Maker2,94,000 shares
5.1%

Minimum Application Lots

Retail2 Lots (2,000 shares)
₹2,72,000
sHNI3 Lots (3,000 shares)
₹4,08,000
bHNI8 Lots (8,000 shares)
₹10,88,000

Company Promoters

Niraj AryaKunal AryaDeepak AryaSayuri Arya

Company Background

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....

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹173.79 Cr
Growth+1233.8%
Revenue Trend (₹ in Crores)
0.066.6133.2199.9Mar-22Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-25173.7916.065.7930.67
Mar-2494.96.3129.0814.11
Mar-2351.623.0615.479.59
Mar-2213.031.278.573.73

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-259.6885.75%36.86%00
Mar-243.8283.99%34.84%00
Mar-231.85108.00%29.61%00

Peer Comparison & Valuation

Financial Performance

Delta Corp Ltd.

NAV/Share (₹)NA
RONW(%)11.5
EPS (Basic) (₹)5.49

Zelio E-Mobility Limited

NAV/Share (₹)NA
RONW(%)60.02
EPS (Basic) (₹)9.68

Tunwal E-motors Limited

NAV/Share (₹)NA
RONW(%)11.56
EPS (Basic) (₹)2.32

Valuation

Delta Corp Ltd.

P/E(X)12.68
CMP* (₹)69.6
Face value (₹)10

Zelio E-Mobility Limited

P/E(X)NA
CMP* (₹)NA
Face value (₹)10

Tunwal E-motors Limited

P/E(X)13.47
CMP* (₹)31.25
Face value (₹)2

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Maashitla Securities Private Limited

Allotment Finalized
Allotment Date
06 Oct 2025
Official Status
Out / Finalized
Registrar
Maashitla Securities Private Limited
Listing Date
08 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Maashitla Securities Private Limited

Direct allotment verification on the official registrar portal appointed for Zelio E-Mobility. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization06 Oct 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date08 Oct 2025Trading commences on exchange

How to Check Zelio E-Mobility Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Zelio E-Mobility from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Zelio E-Mobility IPO

Complete issue overview for Zelio E-Mobility (ZELIO) IPO. The issue features an equity share price band of ₹129 – ₹136 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,36,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions