ZYPP ELECTRIC
1 MAbout ZYPP ELECTRIC
A Comprehensive Overview of Price & Journey
Understanding ZYPP ELECTRIC Inception and Growth
Zypp Electric Private Limited is an unlisted company trading in the private market. Unlike listed companies, valuation and share price of unlisted or pre-IPO companies are determined via negotiation and demand & supply Zypp Electric Private Limited unlisted share.
Investors looking for diversification of their portfolio should carefully analyse Zypp Electric Private Limited unlisted share price, valuation and research report for the latest year. This comprehensive report covers of Zypp Electric Private Limited unlisted share that answers simple questions of investors such as how to buy unlisted/ pre-IPO shares Zypp Electric Private Limited, what does Zypp Electric Private Limited do and how Zypp Electric Private Limited performed in the recent years.
Overview Zypp Electric Private Limited
Zypp Electric is India’s leading tech that provides electric vehicles for delivery and transportation services. It helps businesses such as E-commerce, food delivery and quick-commerce companies deliver the product using electric two- wheelers and three-wheelers. The company also provides vehicles rentals, maintenance and fleet management services to delivery partners.
The company solves the core commercial EV adaption challenges such as high capital expenditure, battery degradation, and long charging downtimes by providing electric vehicle rentals, battery – swapping facilities and vehicle technology to make daily operation and more efficient. It helps business deliver the products within cities using electric vehicles, which can reduce pollution and delivery cost.
Business Segments of Zypp Electric
Zypp Electric is an Indian mobility that helps delivery workers and businesses use electric vehicles for daily transportation and goods delivery. The company is broadly divided into two segments:
RIDER FOCUSED SOLUTIONS
1.Two-wheeler scooter rentals: It offers two rental plans for delivery riders;
- Zypp Rental Rider: Riders pay rent in advance, work flexible hours, and receive payments directly from delivery platforms.
- Zypp Pilot: It offers lower rental fees, with Zypp managing rider payments and providing performance-based incentives.
2. Three-wheeler heavy cargo EV rentals: It offers access to electric three- wheelers designed to carry larger or heavier loads than scooter, it helps to transport the bulk quantity goods between the warehouse to nearby stores. It also focuses on quick charging to reduce vehicle downtime and employs trained drivers to support timely deliveries.
3.Rent-to-own-programme: It provides the riders to make rental payments over a 12 to 16-month period, after which ownership of the electric scooter will be transferred to them. Delivery pilots can earn upto ₹40,000 per month while benefiting from zero fuel expenses, unlimited battery swapping across nationwide hubs, full maintenance and complimentary insurance coverage with a sum insured of up to ₹5,00,000.
PARTNER FOCUSED SOLUTIONS
- B2B Enterprise Delivery Fleet: It provides the electric scooters and delivery riders to e-commerce, quick-commerce, and food delivery companies. Businesses can track orders, monitor deliveries in real time, and manage payments through Zypp’s software platform.
- Zypp Ads (Moving Advertising): It allows brands to advertise their products on electric scooters, delivery boxes, rider T-Shirt, and helmets. These moving advertisements help brands reach more people in major cities such as Delhi NCR, Bengaluru and Mumbai.
- AI-Driven Software and Infrastructure: It helps to track vehicle locations, monitor battery levels, and manage its fleet. It provides battery-swapping facilities and roadside assistance to reduce delivery interruptions.
- ZyppX Franchise Expansion: It helps the company expand into smaller Indian cities through local franchise partners. These partners get access to Zypp’s electric vehicles, technology, battery swapping facilities, and business contracts to operate delivery services in new locations.
Financial Performance (June 2025-June2026)
Metric
Prior Period (June 2025)
Current Period (June 2026)
Gross Revenue
₹141 Cr
₹260 Cr
Profit After Tax (PAT)
-₹6.08 Cr
-₹1.90 Cr
EBITDA
-₹0.98 Cr
₹5.22 Cr
EBITDA Margin
-2.50%
14%
Utilizable fleet
16,784
28,750
PERFORMANCE ANALYSIS
Gross Revenue grew 84% to reach ₹260 Cr, matching the equivalent 84% rise in monthly net revenue to ₹21.67 Cr.
EBITDA improved from a loss of ₹0.98 Cr to a positive ₹5.22 Cr, while the EBITDA margin rose from -2.5% to 14%. This indicates operating performance.
The loss after tax declined from ₹6.08 crore to ₹1.90 crore, an improvement of ₹7.98 crore. However, the company remained loss-making at the PAT level.
The utilisable fleet increased by 71% from 16,784 to 28,750 vehicles indicating an expansion in operational capacity.
IPO Strategy & Future Expansion Roadmap
Zypp Electric plans to go public in FY 2028 and aims for an IPO of around $200 million. The funds raised will support expansion with a goal to move from over 30,000 vehicles across eight cities to more than 100,000 electric two‑wheelers and three‑wheelers across 20 or more cities. Zypp Electric also plans to expand its battery‑swapping network to reduce vehicle downtime and improve fleet utilization.
Before the IPO Zypp Electric seeks to raise $40–50 million through a pre‑IPO funding round. The company targets a valuation of $600–650 million compared with its valuation of $331 million, in early 2025.
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Zypp Electric Private Limited is an unlisted company trading in the private market. Unlike listed companies, valuation and share price of unlisted or pre-IPO companies are determined via negotiation and demand & supply Zypp Electric Private Limited unlisted share.
Investors looking for diversification of their portfolio should carefully analyse Zypp Electric Private Limited unlisted share price, valuation and research report for the latest year. This comprehensive report covers of Zypp Electric Private Limited unlisted share that answers simple questions of investors such as how to buy unlisted/ pre-IPO shares Zypp Electric Private Limited, what does Zypp Electric Private Limited do and how Zypp Electric Private Limited performed in the recent years.
Overview Zypp Electric Private Limited
Zypp Electric is India’s leading tech that provides electric vehicles for delivery and transportation services. It helps businesses such as E-commerce, food delivery and quick-commerce companies deliver the product using electric two- wheelers and three-wheelers. The company also provides vehicles rentals, maintenance and fleet management services to delivery partners.
The company solves the core commercial EV adaption challenges such as high capital expenditure, battery degradation, and long charging downtimes by providing electric vehicle rentals, battery – swapping facilities and vehicle technology to make daily operation and more efficient. It helps business deliver the products within cities using electric vehicles, which can reduce pollution and delivery cost.
Business Segments of Zypp Electric
Zypp Electric is an Indian mobility that helps delivery workers and businesses use electric vehicles for daily transportation and goods delivery. The company is broadly divided into two segments:
RIDER FOCUSED SOLUTIONS
1.Two-wheeler scooter rentals: It offers two rental plans for delivery riders;
- Zypp Rental Rider: Riders pay rent in advance, work flexible hours, and receive payments directly from delivery platforms.
- Zypp Pilot: It offers lower rental fees, with Zypp managing rider payments and providing performance-based incentives.
2. Three-wheeler heavy cargo EV rentals: It offers access to electric three- wheelers designed to carry larger or heavier loads than scooter, it helps to transport the bulk quantity goods between the warehouse to nearby stores. It also focuses on quick charging to reduce vehicle downtime and employs trained drivers to support timely deliveries.
3.Rent-to-own-programme: It provides the riders to make rental payments over a 12 to 16-month period, after which ownership of the electric scooter will be transferred to them. Delivery pilots can earn upto ₹40,000 per month while benefiting from zero fuel expenses, unlimited battery swapping across nationwide hubs, full maintenance and complimentary insurance coverage with a sum insured of up to ₹5,00,000.
PARTNER FOCUSED SOLUTIONS
- B2B Enterprise Delivery Fleet: It provides the electric scooters and delivery riders to e-commerce, quick-commerce, and food delivery companies. Businesses can track orders, monitor deliveries in real time, and manage payments through Zypp’s software platform.
- Zypp Ads (Moving Advertising): It allows brands to advertise their products on electric scooters, delivery boxes, rider T-Shirt, and helmets. These moving advertisements help brands reach more people in major cities such as Delhi NCR, Bengaluru and Mumbai.
- AI-Driven Software and Infrastructure: It helps to track vehicle locations, monitor battery levels, and manage its fleet. It provides battery-swapping facilities and roadside assistance to reduce delivery interruptions.
- ZyppX Franchise Expansion: It helps the company expand into smaller Indian cities through local franchise partners. These partners get access to Zypp’s electric vehicles, technology, battery swapping facilities, and business contracts to operate delivery services in new locations.
Financial Performance (June 2025-June2026)
|
Metric |
Prior Period (June 2025) |
Current Period (June 2026) |
|
Gross Revenue |
₹141 Cr |
₹260 Cr |
|
Profit After Tax (PAT) |
-₹6.08 Cr |
-₹1.90 Cr |
|
EBITDA |
-₹0.98 Cr |
₹5.22 Cr |
|
EBITDA Margin |
-2.50% |
14% |
|
Utilizable fleet |
16,784 |
28,750 |
PERFORMANCE ANALYSIS
Gross Revenue grew 84% to reach ₹260 Cr, matching the equivalent 84% rise in monthly net revenue to ₹21.67 Cr.
EBITDA improved from a loss of ₹0.98 Cr to a positive ₹5.22 Cr, while the EBITDA margin rose from -2.5% to 14%. This indicates operating performance.
The loss after tax declined from ₹6.08 crore to ₹1.90 crore, an improvement of ₹7.98 crore. However, the company remained loss-making at the PAT level.
The utilisable fleet increased by 71% from 16,784 to 28,750 vehicles indicating an expansion in operational capacity.
IPO Strategy & Future Expansion Roadmap
Zypp Electric plans to go public in FY 2028 and aims for an IPO of around $200 million. The funds raised will support expansion with a goal to move from over 30,000 vehicles across eight cities to more than 100,000 electric two‑wheelers and three‑wheelers across 20 or more cities. Zypp Electric also plans to expand its battery‑swapping network to reduce vehicle downtime and improve fleet utilization.
Before the IPO Zypp Electric seeks to raise $40–50 million through a pre‑IPO funding round. The company targets a valuation of $600–650 million compared with its valuation of $331 million, in early 2025.
Fundamentals
Financials
All values are INR Cr except per share value
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| Mr. Akash Gupta | Co-Founder | 38.73% |
| Lead VC & Growth Funds | Institutional Investors | 22.60% |
| Strategic Partners | Strategic Corporate Entities | 20.27% |
| Other Investors | Secondary Financial Investors | 12.35% |
| ESOP Pool | Employee Stock Option Trust | 4.46% |
| Angel Investors | High Net Worth Individuals | 1.45% |
| Other | Other | 0.14% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
Like any other financial product or commodity, the price of unlisted shares is discovered at the intersection of demand from buyers and supply from sellers of particular unlisted shares.
The two determinants of price are dynamic factors and keep changing constantly, hence share price tends to fluctuate constantly – every day, every minute.
Upon successful completion of a deal, the unlisted shares are credited electronically directly to your standard demat account that is usually created with CDSL or NSDL (Central Depository Services Limited or National Securities Depository Limited).
The lock-in period of ZYPP ELECTRIC varies depending on the category of the investor:
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Venture capital or foreign venture capital investors are subject to lock-in period of 6 months from the date of acquisition of shares
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For AIF investors of Category-II are not subject to any lock-in.
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Any other investor, including retail investors, HNI or corporate investors are subject to a lock-in period of 6 months from the date of listing.
Note – The above-mentioned lock-in is for mainboard, however for SME IPO the applicable lock-in period is 1 Year.
There is no regulatory minimum limit to invest in unlisted shares. However, minimum investment size varies with the per share price. Earlier, the typical investment size often ranges between 70K – 100K, but with the growing awareness and increased participation the investment size has been down sized to 50k.
Short-Term Capital Gain tax is applicable when you sell your unlisted shares within a year from date of acquisition. Realized gain is taxable at your slab rate after consolidating in total income for the year. Hence, the rate of tax depends on your overall income for the particular financial year.
Long-Term Capital Gain taxes are applicable when you sell your unlisted shares after two years from the date of acquisition. LTCG tax is calculated on profits realized on sale of unlisted shares at 12.5%. Investors particularly retail or HNI must understand the concept clearly as it impacts strategy and tax planning.
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You can dowload the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
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Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
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You would also get email confirmation of credit of shares via email
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The value of share in unlisted space is determined in the same way as it is done in the listed market. Demand and supply decide the price of any share. If the demand is more than the supply, then the price of the share increases and vice versa.
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When a new share is introduced in the unlisted space, the value of the company is decided upon the last funding raised by the company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
Yes, investing in unlisted shares is legal in India, the activity is regulated and governed under the rules and guidelines laid by SEBI (Securities and Exchange Board of India). Related parties must comply with the regulations and guidelines to ensure legal and financial standards.
Investing in unlisted shares in India carries a significant and distinctive risk profile such as limited liquidity, lack of transparent pricing and regulatory oversight because unlisted shares do not trade on listed stock exchange, they are bought or sold in OTC (over the counter) market that makes vulnerable to following risks:
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Liquidity risk, unlisted shares are difficult to buy and sell,
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Lack of transparent pricing, as share price of pre-IPO or unl;isted company is often determined by narrative not fundamentals
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Lack of information disclosure, unlisted companies are not mandated for disclosures like listed companies
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Tax ambiguity, because determination of fair market value and cost of acquisition of unlisted shares is often disputed
Hence, investors should carefully examine related facts before investing in Pre-IPO or unlisted shares.