The global automobile industry is benefitting from a massive transformation, with the Electric Vehicle (EV) segment at its forefront. Interestingly, India’s EV market is expected to grow from $5.22 billion in 2024 to $18.319 billion in 2029, at a 28.52% CAGR. Capitalising on this growth, Zelio E Mobility is set to bring its ₹78 Crores IPO to you.
The official manager of the Zelio IPO is Hem Securities Limited. Their registrar is Maashitla Securities Private Limited. You can access the allotment status right here.
This blog covers exciting details from the Zelio E Mobility IPO. For an elaborate analysis, consider reading the Zelio E Mobility DRHP.
Note: Half of the Zelio E Mobility IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Check the Zelio E Mobility Company Profile:
Interested in knowing the key Zelio E Mobility IPO details? Check this section out.
(Amounts are in ₹ in Lakhs)
Let’s consider some key strengths and risks associated with Zelio E Mobility IPO:
Strengths
Extensive dealer network: Zelio E Mobility has an extensive network of 280 dealers, well-dispersed across states and union territories of India. They believe in maintaining a strong relationship with their dealers in order to ensure uninterrupted supplies of their raw materials and procurements.
Commitment to quality: Zelio’s commitment to quality is a source of pride. Their foundational philosophy consists of following a standardised quality in their products. This helps them maintain long-term relationships with customers and brands.
Experienced personnel: The company is backed by a skilled and efficient management team and promoters.
Strengthening Financials: Zelio has shown an upward financial trajectory by improving its cash flows and profitability over the years.
Risks
Limited operating history: Zelio was established in 2021. This means they only have a 3-year track record to date. This makes it difficult to analyse or evaluate their performance.
Limited number of suppliers: The company’s operations are dependent on a limited number of suppliers that are located in a limited geographical area. For example, the majority of their raw materials are imported from China. This makes the company vulnerable to any disruptions in the supply chain.
Major Revenue dependence on Haryana: A significant portion of the revenue comes from sales in Haryana. Although the percentage of revenue is falling over the years, the dependence is still high.
Compliance challenge: Zelio’s business requires multiple licences and agreements for manufacturing. Any delays or denials in these licenses could lead to operational and financial risks.
The Zelio E Mobility IPO is embarking on its IPO journey on September 30, 2025. With strong financials, quality assurance, and an experienced team, Zelio is ready to meet the public. The latest Grey Market Premium is not yet updated. You can check the GMP here, as soon as it's updated.
To check the live subscription details, click here. Apply today.
1. What is the Zelio E Mobility IPO review?
Zelio E Mobility manufactures, assembles, and supplies electric vehicles. Its core strengths include strong financials, commitment to quality, and an experienced team. However, their limited history, dependency on a few suppliers, and reliance on regulatory licenses put the company at operational risk. Check out the latest GMP updates.
2. What is the Zelio E Mobility IPO date?
The Zelio E Mobility IPO opens on September 30, 2025, and ends on October 3, 2025. Tentative allotment date is October 6, 2025. Do check the Live subscription details here.
3. What is the Zelio E Mobility IPO price?
The Zelio E Mobility IPO price band is ₹129-136. Its face value is ₹10 per share. Lot size is 1,000 shares. Check the allotment status here.
4. Should I use a demat account for the Zelio E Mobility IPO?
A demat account is mandatory to apply for any IPO, including the Zelio E Mobility IPO. Click here to get the latest list of the top demat account providers.
