|
Issue Open Date
|
30-Sep-25
|
|
Issue Closing Date
|
03-Oct-25
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
129
-
136
|
|
Minimium Application No.
|
2000
|
|
Issue Size (Shares)
|
4121000
|
|
Market Lot
|
1
|
|
|
|
Objective
|
Our Company proposes to utilize the funds which are being raised through the Fresh Issue, up to ? [?] lakhs, after deducting the Offer related expenses to the extent payable by our Company with respect to the Fresh Issue, towards funding the following objects:1. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company.2. Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit.3. To Meet Working Capital Requirement.4. General Corporate Purpose.
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
1114000
|
1735000
|
1.55745062836625
|
Qualified Institutional Buyers
|
1093000
|
1756000
|
1.60658737419945
|
Retail Individual Investors
|
1914000
|
2530000
|
1.32183908045977
|
|
|
|
Business Description
We are primarily engaged in the business of manufacturing, assembling and supplying of electric vehicles, offering a range of electric two-wheelers (“E-2Ws”) and three-wheelers (“3Ws”), available in a variety of design, color, speed variants etc. We are an ISO 45001:2018, ISO 9001:2015 and ISO 14001:2015 certified company, operating under the brand name "Zelio” for E-2Ws and “Tanga” for 3Ws and focussing exclusively on the production of E-2Ws and 3Ws which serves environmental benefits such as lower emissions, reduced noise, energy sustainability etc. We launched the first range of electric scooters in FY 2021-22 and operate through a network of exclusive and non-exclusive dealers spanning across urban, semi-urban, and rural areas.
|
|
Promoter's Holding
|
|
Total Share Capital
|
16530000
|
|
Offered to Public
|
4121000
|
|
Promoter's Holding (Pre-Issue)
|
100
|
|
Promoter's Holding (Post-Issue)
|
72.77
|
|
|
|
|
|
|
|
Address |
Shop No. 542 1st Floor Auto Market
Hisar,
Haryana,
125001
Phone : 9254071396
Email : cs@zelioebikes.com
Website : www.zelioebikes.com
|
|
Registrar |
Maashitla Securities Pvt Ltd.
905 Aggarwal Corporate Heights Netaji Subhash Place Pitampura New Delhi
|
|
Listed at |
BSE
|
|
Lead Manager |
Hem Securities Ltd.
|
|
Promoters |
Deepak Arya Kunal Arya Niraj Arya Sayuri Arya
|
|