
Emerging SME Services · BSE
Zelio E-Mobility Limited, incorporated in 2021, is engaged in the manufacturing, assembling, and supply of electric two-wheelers and three-wheelers under the brands “Zelio” and “Tanga.” The company focuses on eco-friendly mobility solutions that reduce emissions, noise, and energy consumption, supported by a strong dealer network. Operating from a 24,458 sq. meter facility in Ladwa, Haryana, it has an annual capacity to produce 72,000 vehicles using advanced machinery. Its product range includes electric models like EEVA, EEVAZX, GRACY, Legender, Mystery, and XMen. As of February 28, 2025, Zelio E-Mobility employed about 176 people across various roles.
Price Band
₹129 – ₹136
Issue Size
₹78.34 Cr
Lot Size
1000 shares
GMP
Est. Listing
₹136
at current GMP
Subscribed
1.57x
overall
Open
30 Sep 2025
Close
3 Oct 2025
Allotment
6 Oct 2025
Refund
7 Oct 2025
Demat Credit
8 Oct 2025
Listing
8 Oct 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹136
Band: ₹129 – ₹136
Estimated Listing Price
₹136
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,36,000
Estimated Profit / Lot
₹0
1000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹136 |
| 30 Oct 2026 | — | 0.0% | ₹136 |
| 29 Oct 2026 | — | 0.0% | ₹136 |
GMP is unofficial market data. Not a guarantee of listing performance.
Zelio E-Mobility Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹78.34 Crores. The shares are offered at a price band of ₹129 to ₹136 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,36,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-08, while un-allotted funds or UPI block mandates will be released on 2025-10-07.
The latest grey market premium for Zelio E-Mobility Limited IPO is ₹0, which indicates an expected listing price of ₹136.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.