Greaves Electric Mobility IPO: Check Key Details Here

Greaves Electric Mobility is an electric vehicle (EV) arm that has got approval from the Securities and Exchange Board of India (SEBI) to bring initial public offering (IPO). This is an important step for the company as it seeks to raise capital from the public markets. The market regulator provided its observations letter on 8th May 2025, an indication to the go-ahead for the public issue as per regulatory terms.

The proposed IPO comprises a combination of a fresh issue of equity shares and an Offer for Sale (OFS) by existing shareholders. The fresh issue is aimed at raising ₹1,000 crores and the OFS involves the divestment of 18.9 crores equity shares. The company had initially filed its draft papers with SEBI in December 2024.

Greaves Electric Mobility IPO Details 

Greaves Electric Mobility IPO GMP

Note: The Greaves Electric Mobility IPO is yet to open. We will update the Greaves Electric Mobility IPO GMP data post an official announcement.

About Greaves Electric Mobility: Company Overview

Greaves Electric Mobility is an electric vehicle company based in India. It focuses on providing affordable and sustainable mobility solutions. With a solid presence in the Indian Electric Vehicle market, the company provides services to personal as well as commercial users. Its primary goal is to make electric mobility accessible to the general public, backed by reliable technological developments and service networks driven by consistent innovation in the EV space. 

Competitive Strengths

• Diverse portfolio of electric vehicles
• Solid market standing
• Technological innovation
• Strategic investments
• Strong focus on sustainability 

Greaves Electric Mobility IPO Objectives

The primary objective of the Greaves Electric Mobility IPO is to raise ₹1,000 crores of capital via a fresh issue. However, before applying for the IPO, you must know its secondary objectives. Explore them below.

• Development of product and technology 
• Development of in-house battery assembly capabilities
• Expansion of manufacturing capacities
• Increasing digitisation and deployment of IT infrastructure 
• Supporting inorganic growth through acquisitions
• General corporate purposes

Why Should You Invest in Greaves Electric Mobility IPO?

Here are some of the reasons that make you willing to apply for the Greaves Electric Mobility IPO. Explore for a better understanding.

• The company has posted its revenue from operations amounting to ₹611.8 crores for the financial year 2024. 
• The diverse electric vehicle product portfolio of Greaves Electric Mobility made it a one-stop solution for the customers in India.
• Lead managers Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial are appointed for the issue.

Risks of the Greaves Electric Mobility IPO

Despite multiple plus points, the Greaves Electric Mobility IPO also comes with some associated risks. Explore them to make an informed investment decision. 

• Rapid expansion plans carry execution risks that could affect operational efficiency.
• The electric vehicles market is highly competitive with giant players, which may impact the market share. 

How to Invest in the Greaves Electric Mobility IPO?

The Greaves Electric Mobility IPO has not opened yet. And most investors are still waiting for it. Here is how you will be able to invest in the Greaves Electric Mobility IPO after its opening. 

• Open a demat account or use your existing demat account to make a bid. 
• Navigate to the Greaves Electric Mobility IPO section to make an application.
• Select the number of lots you want to apply for and proceed with your application further. 
• Once you have applied for the Greaves Electric Mobility IPO, you will receive a mandate request on the selected mode of transaction.
• Approve the mandate request and get your application number instantly. 

Try Univest demat account or stock advisory services to invest seamlessly! 

How to Check Greaves Electric Mobility IPO Allotment Status?

You can check for Greaves Electric Mobility IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose Greaves Electric Mobility IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Greaves Electric Mobility IPO allotment status.

Final Thoughts

Greaves Electric Mobility IPO is now gathering investors’ attention with a positive note to be announced officially. The company has recently filed for its IPO, including a fresh issue aggregating to ₹1,000 crores. Investors are awaiting Greaves Electric Mobility IPO details such as issue date, price band, lot size, subscription, and much more. 

Stay informed with Univest to get regular updates on the Greaves Electric Mobility IPO, GMP, subscription, and more!

FAQs on Greaves Electric Mobility IPO

Does Greaves Electric Mobility have an IPO?

Ans. Greaves Electric Mobility IPO was filed with SEBI to raise ₹1,000 crores via fresh issue. You can expect the Greaves Electric Mobility IPO live data soon. 

Is Greaves Electric Mobility a publicly listed company?

Ans. No, Greaves Electric Mobility is not included in the list of publicly listed companies in India. However, it is headed for public listing through an IPO filing for ₹1,000 crores via fresh issue. 

When will the Greaves Electric Mobility IPO open for bidding?

Ans. The Greaves Electric Mobility IPO expected date could be around the second week of May 2025. However, there is no official announcement regarding the Greaves Electric Mobility IPO date by the company.  

What is the size of the Greaves Electric Mobility IPO?

Ans. The total size of the Greaves Electric Mobility IPO is a fresh issue worth ₹1,000 crores and an offer for sale aggregating to 18.9 crores shares. The company will utilise these funds across different practices such as expansion, improving capabilities, general corporate purposes, and more. 

Who will be the registrar of Greaves Electric Mobility IPO?

Ans. As per the recent updates, Link Intime India Private Limited will be the registrar waiting to manage allotment and refund procedures. For any queries regarding Greaves Electric Mobility IPO GMP, allotment, and refund, you can contact Link Intime India Private Limited at ipo.helpdesk@linkintime.co.in or +91-22-49186270.

Disclaimer: The above information is taken from authentic sources and is just for informational purposes. To have detailed information about the Greaves Electric Mobility IPO, wait for the Greaves Electric Mobility IPO RHP and Greaves Electric Mobility IPO DRHP. 

Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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