Zelio E Mobility Ipo
Zelio E-Mobility IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Hem Securities Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,72,000 |
| Retail Maximum | 2 | 2,000 | ₹2,72,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,08,000 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 16,39,000 Shares | 28.45% |
| QIB (Ex. Anchor) | 10,93,000 Shares | 18.98% |
| NII Shares Offered | 8,20,000 Shares | 14.24% |
| Retail Shares Offered | 19,14,000 Shares | 33.23% |
| Anchor Bidding Date | September 29, 2025 |
| Anchor Investors List | |
| Shares Offered | 16,39,000 Shares |
| Anchor Size | 22.29 Cr. |
| lock-in period end date 50% shares (30 Days) | November 5, 2025 |
| lock-in period end date 50% shares (90 Days) | January 4, 2026 |
| IPO Open Date: | September 30, 2025 |
| IPO Close Date: | October 3, 2025 |
| Basis of Allotment: | October 6, 2025 |
| Refunds: | October 7, 2025 |
| Credit to Demat Account: | October 7, 2025 |
| IPO Listing Date: | October 8, 2025 |
| IPO Bidding Cut-off Time: | October 3, 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,65,30,000 | 100.00% |
| Promoter Holding Post Issue | 2,11,50,000 | 75.77% |
| Purpose | Crores |
| Repayment and/or pre-payment, in full or part, of borrowing availed by the Company | 24.50 |
| Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit | 23.89 |
| To Meet Working Capital Requirement | – |
| General Corporate Purpose | – |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹51.62 | ₹47.93 | ₹3.06 | ₹15.47 |
| 2024 | ₹94.90 | ₹87.28 | ₹6.31 | ₹29.08 |
| 2025 | ₹173.80 | ₹154.41 | ₹16.01 | ₹65.79 |
| KPI | Values |
| ROE: | 85.75% |
| ROCE: | 36.86% |
| EBITDA Margin: | 12.21% |
| PAT Margin: | 9.30% |
| Debt to equity ratio: | 1.15 |
| Earning Per Share (EPS): | ₹9.68 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 60.02% |
| Net Asset Value (NAV): | ₹6.45 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Delta AutoCorp Limited | 5.49 | 12.68 | 11.50% | – | 84.01 Cr. |
| Tunwal E-Motors Limited | 2.32 | 13.47 | 11.56% | – | 184.87 Cr. |
| IPO Open Date | September 30, 2025 |
| IPO Close Date | October 3, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹129 to ₹136 Per Share |
| Issue Size | Approx ₹78.34 Crores |
| Fresh Issue | Approx ₹62.84 Crores |
| Offer for Sale: | Approx 11,40,000 Equity Shares |
| Issue Type | Book built Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |