Zelio E-Mobility IPO Allotment Status: Here’s How to Check Your Application Online

New Delhi, October 6, 2025: Investors who subscribed to Zelio E-Mobility Limited’s ₹78 crore IPO can now check their allotment status as the company finalises allocations today, October 6, 2025. The issue that remained open from September 30 to October 3, 2025, is likely to be listed on October 8, 2025. The public issue was priced at ₹129-₹136 per share, with a minimum lot size of 1,000 shares (₹1.29 lakh).

Zelio E-Mobility Limited IPO, with its headquarters at Hisar, Haryana, produces and assembles electric two- and three-wheelers under the “Zelio” and “Tanga” brands. The company was founded by Niraj, Kunal, and Deepak Arya. The company operates a 72,000-unit-per-year manufacturing plant, along with a dealer network of 280 spread across 20+ states. With quality, environmental, and safety management ISO certifications, Zelio E-Mobility is a new player in India’s green mobility market, focusing on low-pollution, affordable electric transport solutions for retail clients and institutions.

Step-by-Step Guide to Check Zelio E-Mobility IPO Allotment on BSE

• Visit the official BSE allotment page: https://www.bseindia.com/investors/appli_check.aspx
• Choose ‘Equity’ from the issue type.
• Select ‘Zelio E-Mobility Limited’ from the list.
• Enter your application number or your PAN.
• Type the captcha and click on ‘Search’ for your allotment status.

Step-by-Step Guide to Check Zelio E-Mobility IPO Allotment Status on Registrar’s Website (Maashitla Securities Pvt Ltd)

Alternatively, you can check your shareholding on the registrar’s website:

• Visit https://maashitla.com/allotment-status/public-issues
• Choose ‘Zelio E-Mobility Limited’ from the given list.
• Type your application number, DP ID/Client ID, or PAN.
• Click on ‘Search’ to view the status.

If there are any allotted shares, they will be displayed, showing the number of equity shares that have been allotted.

Zelio E-Mobility IPO Anchor Allocation

Zelio E-Mobility, a manufacturer of electric two-wheelers, successfully raised ₹22.29 crore from eight anchor investors on September 29, 2025, just before its Initial Public Offering (IPO) opened. The company allotted a total of 16.39 lakh equity shares to these institutional investors at a fixed price of ₹136 per equity share.

The anchor round was anchored by Sanshi Fund-I, which was the largest investor, acquiring 5.52 lakh shares for ₹7.50 crore, followed by India Max Investment Fund Ltd, which subscribed to 4.95 lakh shares for ₹6.73 crore. Other key participants included Carnelian AIF Cat I Trust – Scheme I and Viney Growth Fund, each picking up 1.48 lakh shares worth ₹2.01 crore.

The remaining four institutional investors—Finavenue Capital Trust – Finavenue Growth Fund, Rajasthan Global Securities Pvt Ltd, SB Opportunities Fund, and Sunrise Investment Trust – Sunrise Opportunities Fund-each acquired 74,000 shares, amounting to ₹1 crore apiece. This strong subscription from institutional investors reflects confidence in Zelio E-Mobility’s business outlook as it prepares to go public.

Zelio E-Mobility Subscription Overview

The Zelio E-Mobility Initial Public Offering (IPO) saw high demand, with the issue being subscribed 62.47 times on a consolidated basis. This participation across all segments reflects investor interest in the Indian electric vehicle (EV) market.

The Qualified Institutional Buyers (QIBs) segment demonstrated the highest demand. This portion of the IPO received bids for 11.4 crore shares against the 10.2 lakh shares reserved for the segment, resulting in a subscription rate of 111.76 times. The Non-Institutional Investors (NIIs) segment was subscribed 36.84 times, with total bids received for 2.8 crore shares. The Retail Individual Investors (RIIs) segment also saw significant demand, subscribing 43.42 times. This high oversubscription rate in the retail segment indicates considerable interest from individual investors.

The IPO’s high level of subscription across all investor classes is a clear indication of a favorable view toward Zelio E-Mobility’s market position and the growth prospects of India’s EV ecosystem.

Zelio E-Mobility IPO Lead Managers & Registrar

Beeline Capital Advisors Private Limited is the Book Running Lead Manager for Zelio E-Mobility IPO, and Maashitla Securities Private Limited has been empaneled as the Registrar to the Issue.

Next Step: The issued shares will be credited into the demat accounts of the investors on or prior to October 7, 2025, and refund for unsuccessful applicants on the same day. Listing is on Wednesday, October 8, 2025.

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