
Zelio E-Mobility Ltd IPO
NSELot: 1000Automobile
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.
Subscription Status
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 1.61x | 1.27x | 1.00x |
| NII | 1.76x | 0.13x | 0.02x |
| Retail | 1.32x | 0.24x | 0.20x |
| Total | 1.50x | 0.51x | 0.39x |
Risk Factors
Promoters & Management
The company is managed by promoters Niraj Arya, Kunal Arya and Deepak Arya. Niraj Arya is the Chairman & Whole Time Director, with 18 years of experience in the Electric Vehicle and Battery Solutions Industry. Kunal Arya is the Managing Director, with 5 years of experience in the field of Electric Vehicle and Battery Solutions Industry. Deepak Arya is a Whole time Director, with 12 years of experience in the field of Electric Vehicle and Battery Solutions Industry. Senior management includes Shubham Garg, the Chief Financial Officer, and Priyanka Garg, the Company Secretary and Compliance Officer. The company has a dedicated quality assurance team of 17 employees which monitors the quality of components and final products. The company's promoters and senior management are backed by a team of dedicated staff and workers. The company's sales network is aided by its capable in-house sales and marketing team of 19 employees, which liaise with the dealers on a regular basis.