Apollo Techno Industries IPO vs Zelio E-Mobility IPO

Comparison between Apollo Techno Industries IPO and Zelio E-Mobility IPO.

IPO Details

Apollo Techno Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Zelio E-Mobility IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Apollo Techno Industries IPO is up to ₹45.55 Cr whereas the issue size of the Zelio E-Mobility IPO is up to ₹74.34 Cr. The final issue price of Apollo Techno Industries IPO is ₹130.00 per share and of Zelio E-Mobility IPO is ₹136.00 per share.

 Apollo Techno Industries IPOZelio E-Mobility IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹123.00 per share₹129.00 per share
Issue Price (Upper)₹130.00 per share₹136.00 per share
Issue Price (Final)₹130.00 per share₹136.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares1000 shares
Fresh Issue Size35,04,000 shares43,26,000 shares
Fresh Issue Size (Amount)up to ₹45.55 Crup to ₹58.83 Cr
OFS Issue Size0 shares11,40,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹15.50 Cr
Issue Size Total35,04,000 shares54,66,000 shares
Issue Size Total (Amount)up to ₹45.55 Crup to ₹74.34 Cr

IPO Timetable

Apollo Techno Industries IPO opens on Dec 23, 2025, while Zelio E-Mobility IPO opens on Sep 30, 2025. The closing date of Apollo Techno Industries IPO and Zelio E-Mobility IPO is Dec 26, 2025, and Oct 03, 2025, respectively.

 Apollo Techno Industries IPOZelio E-Mobility IPO
Anchor Bid DateDec 22, 2025Sep 29, 2025
Issue OpenDec 23, 2025Sep 30, 2025
Issue CloseDec 26, 2025Oct 03, 2025
Basis Of Allotment (Tentative)Dec 29, 2025Oct 06, 2025
Initiation of Refunds (Tentative)Dec 30, 2025Oct 07, 2025
Credit of Share (Tentative)Dec 30, 2025Oct 07, 2025
Listing date (Tentative)Dec 31, 2025Oct 08, 2025
Anchor Lockin End date 1Jan 27, 2026Nov 05, 2025
Anchor Lockin End date 2Mar 28, 2026Jan 04, 2026

Financials & KPIs

Apollo Techno Industries IPO P/E ratio is 9.43, as compared to Zelio E-Mobility IPO P/E ratio of 14.04.

 Apollo Techno Industries IPOZelio E-Mobility IPO
Financials

Company Financials (Restated Consolidated)

Apollo Techno Industries Ltd.'s revenue increased by 44% and profit after tax (PAT) rose by 327% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets75.0676.2567.0365.09
Total Income24.6799.6669.2872.57
Profit After Tax1.0813.793.230.90
EBITDA2.0718.157.652.97
NET Worth26.3825.3211.578.21
Reserves and Surplus16.3815.329.075.71
Total Borrowing30.5731.7543.2943.97
Amount in ₹ Crore

Company Financials (Restated)

Zelio E-Mobility Ltd.'s revenue increased by 83% and profit after tax (PAT) rose by 154% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets65.7929.0815.47
Total Income173.8094.9051.62
Profit After Tax16.016.313.06
EBITDA21.028.764.02
NET Worth26.6710.674.36
Reserves and Surplus10.1410.644.33
Total Borrowing30.6814.119.59
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.0575.77
P/E Ratio9.4314.04
Market Cap₹177.96 Cr.₹287.64 Cr.
ROE74.7585.75
ROCE30.9836.86
Debt/Equity3.741.32
EPS₹13.79₹9.68
RoNW54.4560.02

Shares Offered

In the Apollo Techno Industries IPO Retail Individual Investors (RII) are offered 12,28,000 shares while in Zelio E-Mobility IPO retail investors are offered 12,28,000 shares. Qualified Institutional Buyers (QIB) are offered 7,00,000 shares in Apollo Techno Industries IPO and 10,93,000 shares in Zelio E-Mobility IPO.

 Apollo Techno Industries IPOZelio E-Mobility IPO
Anchor Investor Reservation10,50,000 shares16,39,000 shares
Market Maker Reservation1,85,000 shares2,94,000 shares
QIB7,00,000 shares10,93,000 shares
NII5,26,000 shares8,20,000 shares
RII12,28,000 shares19,14,000 shares
Employee0 shares0 shares
Others
Total35,04,000 shares54,66,000 shares

Bids Received (Subscription)

Apollo Techno Industries IPO subscribed 50.63x in total, whereas Zelio E-Mobility IPO subscribed 1.50x.

 Apollo Techno Industries IPOZelio E-Mobility IPO
QIB (times)25.26x1.61x
NII (times)98.00x1.76x
Big NII (times)114.82x2.31x
Small NII (times)64.27x0.65x
RII (times)44.81x1.32x
Employee (times)
Other (times)
Total (times)50.63x1.50x

Compare with others

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Apollo Techno Industries IPO Vs Zelio E-Mobility IPO