Zelio E-Mobility touches roof on opening new manufacturing facility in Tamil Nadu
Zelio E-Mobility is currently trading at its upper circuit limit of Rs. 635.35, up by 30.25 points or 5.00% from its previous closing of Rs. 605.10 on the BSE.
The scrip opened at Rs. 624.00 and has touched a high and low of Rs. 635.35 and Rs. 620.00 respectively. So far 16500 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 635.35 on 13-Jul-2026 and a 52 week low of Rs. 154.90 on 08-Oct-2025.
Last one week high and low of the scrip stood at Rs. 635.35 and Rs. 578.20 respectively. The current market cap of the company is Rs. 1343.77 crore.
The promoters holding in the company stood at 72.77%, while Institutions and Non-Institutions held 2.22% and 25.01% respectively.
Zelio E-Mobility has opened its new manufacturing facility in Coimbatore, Tamil Nadu, marking a major step in the company’s strategic expansion across South India. Strategically located at Trichy Road, Nagiyyaan Thottam, Lakshmi Nagar Kannampalayam, Coimbatore, Tamil Nadu, the new facility spans around 39,000 sq. ft. and will support electric scooter assembly, storage, logistics, and allied business operations. The commencement of operations starts on July 13, 2026, at the Coimbatore facility will primarily cater to southern markets including Tamil Nadu, Karnataka, Kerala, Telangana, Andhra Pradesh, and South Maharashtra.
The Coimbatore facility has an installed production and assembly capacity of 60,000 units per annum. During its initial phase of operations, the plant is expected to manufacture and assemble around 24,000-30,000 electric two-wheelers annually, with production gradually scaling in line with market demand and operational ramp-up.
Over the next 12-24 months, the Coimbatore facility is expected to accelerate the company’s growth in southern markets by strengthening dealer penetration, enhancing after-sales service, and improving supply chain efficiency. The plant is also expected to contribute meaningfully to the company’s revenues, profitability, and market share in the region.
Established with a capital investment of up to Rs 1 crore, the plant will manufacture and assemble electric two-wheeler models from the company’s product portfolio.
