The Zelio E-Mobility IPO minimum market lot is 2,000 shares with ₹2,72,000 application amount. The Zelio E-Mobility IPO is a SME IPO, and it is to be listed on BSE.
Business Overview
Zelio E-Mobility Limited, started in 2021, makes, assembles, and sells electric two-wheelers and three-wheelers.
The company operates under the brands “Zelio” for electric two-wheelers and “Tanga” for electric three-wheelers. It focuses on eco-friendly vehicles that produce less pollution, make less noise, and save energy, supported by a strong network of dealers.
The company runs its operations from a 24,458 sq. meter facility in Ladwa, Haryana. It can produce up to 72,000 electric two-wheelers and three-wheelers each year using modern machines for manufacturing and assembly. As they add more products, they will need to work with more business partners and build strong, positive relationships with both new and existing ones.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Zelio E-Mobility IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.00 | 1.27 | 1.27 |
| NII | 0.02 | 0.13 | 0.62 |
| RII | 0.20 | 0.24 | 0.64 |
| Total | 0.39 | 0.51 | 0.81 |
Zelio E-Mobility IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Zelio E-Mobility IPO Review and Rating
- May Apply For Long-term View
Zelio E-Mobility IPO Form
How to apply for the Zelio E-Mobility IPO? You can apply for Zelio E-Mobility IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Zelio E-Mobility IPO in the Invest section. The other option is you can apply for Zelio E-Mobility IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
