Zelio E-Mobility
Closed
Closed
IPO Timeline
Issue open date
30 Sep 2025Issue close date
3 Oct 2025UPI mandate deadline
3 Oct 2025Allotment finalization
6 Oct 2025Refund initiation
7 Oct 2025Share credit
7 Oct 2025Listing date
8 Oct 2025Mandate end date
18 Oct 2025Lock-in end date for anchor investors (50%)
5 Nov 2025Lock-in end date for anchor investors (remaining)
4 Jan 2025Grey Market Premium Trend
₹2
Current GMP
₹138
Est. Listing Price
1.5%
Est. Listing Gain
₹129 - ₹136
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 2 Oct | ₹2 | ₹138 | 1.47% |
| 1 Oct | ₹2 | ₹138 | 1.47% |
| 30 Sep | ₹2 | ₹138 | 1.47% |
| 29 Sep | ₹0 | ₹136 | 0.00% |
| 28 Sep | ₹0 | ₹136 | 0.00% |
| 27 Sep | ₹0 | ₹136 | 0.00% |
| 26 Sep | ₹0 | ₹136 | 0.00% |
| 25 Sep | ₹0 | ₹136 | 0.00% |
| 24 Sep | ₹0 | ₹136 | 0.00% |
| 23 Sep | ₹0 | ₹136 | 0.00% |
Key Dates
Open
30 Sep 2025Close
3 Oct 2025Listing
8 Oct 2025Quick Stats
Issue Size:78cr
Lot Size:1000 shares
Issue Details
Issue Size:78cr
Offer for Sale:11,40,000 Shares
Face Value:₹10
Listing At:BSE SME
Additional Resources
About the Company
Zelio E-Mobility manufactures and supplies electric two- and three-wheelers under the brands “Zelio” and “Tanga.” Founded by Niraj, Kunal, and Deepak Arya, it runs a 72,000-unit capacity plant in Hisar, Haryana, producing various E-2W and E-3W models through outsourced parts and in-house assembly. The ISO-certified company operates pan-India with 280 dealers across 20+ states, focusing on B2B sales and offering eco-friendly, low-emission transport solutions.
Strengths
- Strong ties with asset management companies and clients.
- Wide dealer and customer network with presence in Tier-II and Tier-III cities.
- Balanced model combining physical and digital presence.
- Technology and integration expertise for seamless operations.
- Experienced and qualified management team driving growth.
Risks
- Heavy reliance on a few key customers and regions.
- Business linked to market conditions and fund performance.
- Regulatory changes can impact commission and operations.
- Dependence on third-party approvals and licenses.
- Any adverse legal rulings may materially affect operations and finances.
Zelio E-Mobility IPO – Frequently Asked Questions
- The price band for the Zelio E-Mobility IPO is set at ₹129 to ₹136 per share.
- The Zelio E-Mobility IPO opens on September 30, 2025 and closes on October 3, 2025.
- The tentative listing date for the Zelio E-Mobility IPO is October 8, 2025.
- You can apply for the Zelio E-Mobility IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Zelio E-Mobility, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Zelio E-Mobility IPO is 1000 shares. Investors must apply for at least one lot (i.e., 1000 shares).