Zelio E-Mobility builds and sells electric two- and three-wheelers aimed at India’s rapidly expanding e-mobility market. The company positions itself as a fast-growing player with a business model that has attracted strong investor confidence. Ahead of a planned SME initial public offering, it secured significant anchor interest, indicating belief in its profitability and growth trajectory. Foreign investors accounted for 30 % of the anchor tranche, underscoring international appetite for India’s EV sector. By allotting shares at ₹136 (₹10 face value plus ₹126 premium), the firm demonstrated its ability to command a premium valuation. The upcoming IPO window is scheduled for 30 September 2025 to 3 October 2025, providing the company with further capital for expansion. Management highlights the anchor round as validation of its market strategy and future growth plans. No operating metrics such as revenue or unit sales were disclosed in the press release.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2025