Zelio E-Mobility IPO: Price, GMP, Allotment, And Details

Zelio E-Mobility IPO – Company Analysis

Zelio E-Mobility IPO is a bookbuilding issue of Rs. 78.34 Cr (0.57 crore shares) by Zelio E-Mobility Limited, incorporated in 2021, and its core business is the designing, manufacturing, and marketing of electric 2 and 3 vehicles. These include EEVA, EEVA ZX, GRACY, Legender, Mystery, XMen, Tanga, and Tanga e-Loader.

Currently, Zelio operates a manufacturing unit in Hisar, Haryana, and is in the process of proposing a new unit to scale production. To enhance its presence in the rapidly growing EV market in India, Zelio is concentrating on efforts to improve quality, cost efficiency, and branding.

Zelio E-Mobility IPO Details

The Zelio E-Mobility IPO date is from Sep 30 to Oct 03, with IPO allotment on Oct 06, refund initiation on Oct 07, 2025. Zelio E-Mobility IPO price is Rs. 129 to Rs. 136.

Event	Date
IPO Open Date	September 30, 2025
IPO Close Date	October 03, 2025
IPO Allotment Date	October 06, 2025
Refunds / Credit of Shares	October 07, 2025
IPO Listing Date	October 08, 2025
Issue Type	Bookbuilding Issue (SME IPO)
IPO Price Band	Rs. 129 to Rs. 136
Minimum Investment (Retail)	Rs. 2,72,000 (2000 Shares)
Listing At	BSE, SME

 
If you want to apply for the IPO, click to open a Demat Account.

 

 

Company Financial

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	65.79	29.08	15.47
Total Income	173.80	94.90	51.62
Profit After Tax	16.01	6.31	3.06
EBITDA	21.02	8.76	4.02
Net Worth	26.67	10.67	4.36
Reserves & Surplus	10.14	10.64	4.33

Zelio E-Mobility IPO Allotment Status and Allotment Date

The Zelio E-Mobility IPO allotment date is on 06 October 2025. Investors can check Zelio E-Mobility IPO allotment status using the registrar, Maashitla Securities Pvt. Ltd. or using the BSE Website- ​BSE IPO allotment status.

 

Zelio E-Mobility IPO GMP (Grey Market Premium)

The Zelio E-Mobility IPO GMP today is Rs. 0 as of 30 Sep 2025, while writing this information.  

 

Conclusion

The Zelio E-Mobility IPO is an opportunity to invest in India’s growing electric 2W/3W market. With strong revenue growth (CAGR ~80% from FY23 to FY25) and rising brand presence, the company shows promising prospects. However, risks include capital-intensive expansion plans, dependence on government EV policies, and competition from established and unlisted EV players

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.