Price Band
₹129 - ₹136
Lot Size
1000
Issue Size
₹78.34 Cr
GMP
N/A
Subscription
1.50x
Analyzing...
IPO Schedule
1
Open
30 Sept 2025
2
Close
3 Oct 2025
3
Allotment
6 Oct 2025
4
Listing
8 Oct 2025
About Zelio E-Mobility Ltd
Zelio E-Mobility Ltd is an electric vehicle (EV) manufacturer specializing in the design, development, and production of electric two-wheelers and three-wheelers. They cater to both B2B and B2C segments, offering solutions for various applications like last-mile delivery and personal transportation.
Key Strengths
- High Return on Equity (ROE) of 85.75% indicates strong profitability and efficient use of shareholder equity.
- Relatively low Price-to-Earnings (P/E) ratio of 14.04 suggests a potentially undervalued stock compared to its earnings.
- Growing demand for electric vehicles in India presents a significant market opportunity.
- Established presence in the electric two and three-wheeler segment.
- Focus on both B2B and B2C segments diversifies revenue streams.
Risk Factors
- •SME IPOs are inherently riskier than mainboard IPOs due to lower liquidity and higher volatility.
- •Dependence on specific suppliers for components could disrupt production if supply chains are affected.
- •Competition from established players and new entrants in the EV market could impact market share and profitability.
Valuation Analysis
Considering the high ROE and relatively low P/E ratio, the IPO appears reasonably valued, but investors should carefully consider the risks associated with SME IPOs and the evolving EV market dynamics.
IPO Details
ExchangeNSE
SegmentSME
ISININE1B3501014
NSE SymbolZELIO
Face Value₹10
Lot Size1000
Issue Size₹78.34 Cr
Key Metrics
ROE85.75%
ROCE36.86%
P/E Ratio14.04
Industry P/E20
EPS9.68
PAT Margin9.30%
Debt/Equity1.32
Growth & Quality
ProfitableYes ✓
Subscription
Total0.39x
Imbalance Ratio1.5x
Documents
Key Dates
Open Date30 Sept 2025
Close Date3 Oct 2025
Allotment6 Oct 2025
Listing8 Oct 2025