How to Check Zelio EMobility IPO Allotment Status?

Zelio E-Mobility Limited is engaged in manufacturing, assembling, and supplying of electric vehicles like two-wheelers and three-wheelers, incorporated in 2021, operating under brands Zelio for E-2Ws and Tanga for 3Ws, focusing on producing eco-friendly electric vehicles with lower emissions, reduced noise, and energy sustainability supported by wide dealer network, operating from 24,458.01 sq. meter facility in Ladwa, Haryana with annual production capacity of 72,000 electric two-wheelers and three-wheelers using advanced machinery for manufacturing and assembly, offering product portfolio comprising various electric 2-wheelers and 3-wheelers.

The Zelio E-Mobility IPO came with a total issue size of ₹78.34 crore, comprising a fresh issue of 0.46 crore shares aggregating to ₹62.83 crore and offer for sale of 0.11 crore shares aggregating to ₹15.50 crore. The IPO opened on September 30, 2025, and closed on October 3, 2025. The allotment for the Zelio E-Mobility IPO is expected to be finalized on Monday, October 6, 2025. The Zelio E-Mobility IPO share price band was set at ₹129 to ₹136 per share.

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Steps to Check Zelio E-Mobility IPO Allotment Status on Registrar Site

• Visit the Maashitla Securities Pvt.Ltd. website 
• Select "Zelio E-Mobility" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Zelio E-Mobility IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Zelio E-Mobility" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Zelio E-Mobility IPO Subscription Status

Zelio E-Mobility IPO received weak investor interest, being subscribed 1.50 times overall. The subscription showed poor confidence with weak participation across all categories. Here is a category-wise breakdown of the subscription as of 5:04:50 PM on October 3, 2025:

• Non-Institutional Investors (NII): 1.76 times.
• QIB Category (Ex Anchor): 1.61 times.
• Individual Investors: 1.32 times.

Zelio E-Mobility IPO Share Price and Investment Details

The Zelio E-Mobility IPO stock price band was set at ₹129 to ₹136 per share with a minimum lot size of 1,000 shares. The minimum investment required for retail investors was ₹2,72,000 for 2 lots (2,000 shares). The issue included up to 16,39,000 shares allocated to anchor investors raising ₹22.29 crore. Given the weak subscription response of 1.50 times overall, with modest NII participation at 1.76 times, barely subscribed QIB category at 1.61 times, and weak retail subscription at 1.32 times, the Zelio E-Mobility IPO share price is expected to list with flat to modest premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Repayment/prepayment of borrowings: ₹20.00 crore.
• Capital expenditure for setting up new manufacturing unit: ₹19.45 crore.
• Meeting working capital requirements: ₹8.00 crore.
• General corporate purposes: Remaining amount.

Business Overview

Zelio E-Mobility Limited operates with extensive dealer network covering major parts of India, quality assurance ensuring standardized product quality, geographically dispersed customer base, proven track record of financial success, and experienced promoters with senior management while demonstrating exceptional financial performance.