IPO Analysis > Gear Into New Age Mobility With The Greaves Electric Mobility IPO
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Greaves Electric Mobility IPO Date ... Gear Into New Age Mobility With The Greaves Electric Mobility IPO

Backed by growing environmental concerns and strong governmental support through schemes like the Faster  Adoption and Manufacturing of  Hybrid and  Electric vehicles (FAME  II), PM  E-DRIVE, etc., the electric mobility sector is growing rapidly. From FY 2021 to 2024, the three-wheelers segment grew at an approximate CAGR of 58%. Amidst these trends, Greaves Electric Mobility Private Limited is gearing up for the Greaves Electric Mobility IPO.


While JM Financial Limited, Motilal Oswal Investment Advisors Limited and IIFL Capital Services Limited are managing the Greaves Electric Mobility Limited IPO, MUFG is registering it. Check out the Greaves Electric Mobility share allotment status.


For more details regarding the Greaves Electric Mobility IPO shareholder quota, date, size, etc., don’t miss out on the Greaves Electric Mobility DRHP.


Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Company Profile

Check out all the major details of Greaves Electric Mobility India Pvt Ltd given below:

Particulars

Details 

Registered Office

Tamil Nadu

Incorporated Year

2008

Products 

High, city, and low speed scooters

Promoters  

Greaves Cotton Limited

Competitors 

TVS Motor Company, Hero Motorcorp, Ather Energy, and Ola Electric Mobility


Must-Know Details of The Greaves Electric Mobility IPO

Post the Greaves Electric Mobility IPO SEBI approval, here is everything we know about the IPO, including the Greaves Electric Mobility share price, expected date, size and more.

  • Greaves Electric Mobility IPO Date

The Greaves Electric Mobility IPO SEBI approval was received on 8 May 2025, while the DRHP was filed on 26 December 2024.

  • Greaves Electric Mobility IPO Price and Size


Particulars

Shares

Aggregate Value (₹ Million)

Fresh Issue 

Undisclosed

10,000

Offer for Sale

189,398,200

Undisclosed

Overall Issue 

Undisclosed

Undisclosed


  • Greaves Electric Mobility IPO: Objectives


Particulars

Amount (₹ Million)

Product and Technology Development, along with other enhancements

3,752.72

In-House Battery Assembly

829.00

Expanding BAPL Capacity

198.94

Expanding MLR Capacity

382.56

Increasing stake in material subsidy 

736.67

Digitisation and other advancements

278.02

Other corporate requirements

Undisclosed


  • Other Takeaways


Particulars

Description

Face value (₹)

1

Price Range (₹)

Undisclosed

Lot size (shares)

Undisclosed

Listed At 

BSE and NSE


  • Investors Categorisation


Investor

Allotment

QIBs

Minimum 75% of the issue

NII

Maximum 15% of the issue

Individual Investors

Maximum 10% of the issue


  • Anchor Investor


Particulars

Description

Opening Date

Undisclosed

Terms of Payment  

Full Payment on Bid


Greaves Electric Mobility Limited IPO details: Key Financials  


Particulars

September 30, 2024

2024

2023

2022

Equity Share Capital (₹ Million)

192.37

187.63

186.46

117.19

Net Worth (₹ Million)

3,867.85

4,120.74

10,848.14

-430.09

Revenue from Operations (₹ Million)

3,022.31

6,118.17

11,215.68

5,206.07

Restated Loss (₹ Million)

-1,061.54

-6,915.70

-199.14

-453.79

Loss per Equity Share Basic (₹)

-1.00

-7.11

-0.21

-0.76

Loss per Equity Share Diluted (₹)

-1.00

-7.11

0.00

-1.00

NAV (₹)

3.94

4.31

11.41

-1.00

Total Borrowings (₹ Million)

476.02

467.56

33.85

2,325.55


Strengths and risks

The risks and strengths of Greaves Electric Mobility are mentioned below: 

Strengths

  • Range of Vehicles: Greaves offers a mix of electric two-wheelers, electric three-wheelers, and traditional fuel-based models. 

  • Innovation: The company believes in building things in-house. It invests in research, technology, and manufacturing to make products better.

  • All-India Presence: Greaves has a strong distribution and service network across the country.

  • Strong Parent Support: With a skilled workforce and experienced leaders, Greaves has the expertise to keep growing in the competitive EV market.


Risks

  • Tough Competition in the EV Space: The electric vehicle market is booming, and with so many new players entering.

  • Dependence on Batteries and Suppliers: For now, Greaves relies on external suppliers for batteries and components. Any delay could slow down production.

  • Raw Material Price Swings: The cost of materials like metals and components can change and impact profits if prices go up suddenly.

  • Fast-Changing Technology: The EV industry evolves quickly, so the company must keep up with new technologies.

Should You Apply for The Greaves Electric Mobility IPO?


The Greaves Electric Mobility IPO GMP is not available yet as of 17 October 2025. You can follow live GMP updates, see the latest subscription status, and go through the DRHP for better insights. Apply now.

FAQs

1. How are the Greaves Electric Mobility IPO reviews?

Greaves Electric Mobility Limited is an EV company. With this IPO, Greaves Electric Mobility revenue might be expanded. For the latest updates, you can also look for the GMP updates and get the details about the Greaves Electric Mobility IPO shareholder quota date. 

2. What is the Greaves Electric Mobility IPO expected date?

The IPO open and close dates are not updated as per 17 October 2025. Live subscription details can be monitored through FinnPick.

3. What is the Greaves Electric Mobility Pvt Ltd share price? 

The Greaves Electric Mobility IPO price is unavailable as of 17 October 2025. Also, don't forget to check the Greaves Electric Mobility IPO parent company profile. 

4. Should I use a demat account to bid for the Greaves Electric Mobility Limited IPO?

Yes, a demat account is required to bid for the Greaves Electric Mobility Limited IPO. Click here to get the ultimate list of the top demat account providers.

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