| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹78.34 Cr |
| Reserved for Market Maker | ₹4.00 Cr |
| Net Issue Size | ₹78.34 Cr |
| Fresh Issue | ₹58.83 Cr |
| Offer for Sale | ₹15.50 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน129.00-136.00 per share |
| BSE Code | 544563 |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares ยท Multiples of 1,000 shares
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of borrowing availed by the Company | 20.00 |
| 2 | Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit | 19.45 |
| 3 | To Meet Working Capital Requirement | 8.00 |
| 4 | General Corporate Purpose | 9.09 |
| Period Ended | 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 and Surplus | 10.14 | 10.64 | 4.33 |
| Total Borrowing | 30.68 | 14.11 | 9.59 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 85.75% |
| ROCE | 36.86% |
| Debt / Equity | 1.32% |
| RoNW | 60.02% |
| PAT Margin | 9.30% |
| EBITDA Margin | 12.21% |
| Price to Book Value | 21.09 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 9.68 | 7.57 |
| P/E (x) | 14.04 | 17.97 |
| Promoter Holding | 100% | 75.77% |
| Market Cap | โน287.64 Cr. | |