IPO - Initial Public Offerings

 ZELIO

  

ZELIO E-MOBILITY LTD. IPO

30 Sep, 10:00 AM

Issue Open

03 Oct, 05:00 PM

Issue Close

1000

Lot Size

₹ 129.00 – ₹ 136.00

Price Range

IPO Issue Details

Issue size 78.34 Cr
Market Price 136.00
Registrar Maashitla Securities Pvt.Ltd.
Face Value RS.10 /- Per share
Listing at BSE

About

ZELIO E-MOBILITY LTD. 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 February 28, 2025, the company has employed around 176 employees excluding board of directors at various levels of the organization.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 2000 ₹ 2,72,000.00
Retail (Max) 2 2000 ₹ 2,72,000.00
S-HNI (Min) 3 3000 ₹ 4,08,000.00
S-HNI (Max) 8 8000 ₹ 10,88,000.00
B-HNI (Min) 9 9000 ₹ 12,24,000.00

IPO TimeLine

Open Date 30-Sep-2025
Close Date 03-Oct-2025
Basis of Allotment Date 06-Oct-2025
Initiation of Refunds 07-Oct-2025
Credit Shares to Demat A/c 07-Oct-2025
IPO Listing Date 08-Oct-2025