Zelio E-Mobility Shares Soar 10% on BSE: Investor Confidence Fuels India's EV Growth Story
Zelio E-Mobility, a fastest-growing EV startup in India, saw its shares surge by 10% on the BSE, hitting the upper circuit and touching ₹291 before closing at ₹255. This remarkable rally underscores strong post-IPO interest and reinforces investor confidence in one of the few new-age EV companies to successfully go public this year.
Financial Triumphs and Market Momentum
Zelio E-Mobility's stock market journey has been impressive since its strong debut on October 8, 2025, listing at ₹154.90—a significant 13.9% premium over its ₹136 issue price. The sustained upward momentum reflects a positive outlook on the company's business model and aggressive growth strategy within the burgeoning Indian electric vehicle market.
|
Financial Metric |
Value (FY25) |
Key Growth Indicator |
|
Revenue |
₹172 crore |
Revenue CAGR (FY23-FY25): 83% |
|
PAT (Profit After Tax) |
₹16 crore |
PAT CAGR (FY23-FY25): 128% |
|
EBITDA |
₹21 crore |
|
|
ROE & ROCE |
59.96% |
High Efficiency & Profitability |
The company raised ₹78.34 crore through its SME IPO, which was subscribed 1.5 times overall, demonstrating healthy participation from both institutional and retail investors. This capital injection is poised to further fuel Zelio's expansion.
Driving India’s Electric Future: Zelio’s Strength
Founded in 2021, Zelio E-Mobility has quickly established itself as a key player in the electric two- and three-wheeler segments. Its success is built on:
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Robust Portfolio :
Zelio offers a diverse range of electric two-wheelers under the ‘Zelio’ brand (including the popular X Men, Gracy series, and the high-speed Mystery) and electric three-wheelers under the ‘Tanga’ brand (Tanga Butterfly, Tanga Fine) for the last-mile and commercial transport markets.
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Massive Reach :
The company boasts a loyal customer base of over 200,000 riders and a rapidly expanding dealer network of over 280 dealers across 20+ states and union territories.
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High Capacity :
An installed annual capacity of 72,000 units positions Zelio to meet the escalating demand for electric mobility in India.
Investor Takeaway: Why Zelio is a Top EV Stock to Watch
Zelio E-Mobility’s stellar financial metrics, including a net worth of ₹26.67 crore and impressive CAGR figures (83% revenue, 128% PAT), paint a picture of a company driving towards sustainable and profitable growth. The exclusive listing on the BSE (SME IPO), with strong advisory from Hem Securities (Book Running Lead Manager) and Maashitla Securities (Registrar), reinforces investor faith in Zelio’s vision to deliver cleaner, efficient, and accessible electric mobility across the nation.