Listed Price₹76.00
Listing Gain+0.00%
Price Band₹72 - ₹76
Lot Size195 shares
Min Bid₹14,820
Subscription4.47x
Listed Market Snapshot
₹76.00Listed price from market data
+0.00%listing gain
Issue Amount
₹6,145.56 Cr
Listed Price
₹76.00
Current Price
₹42.25
Registrar
Link Intime India Private Limited
Timeline•Book Built Issue IPO
Open02 Aug 2024
Close06 Aug 2024
Allotment07 Aug 2024
Listing09 Aug 2024
Quota Reservation Portions
RetailPortion: 8,07,90,252 shares
9.99%Nii(hni)Portion: 12,11,85,387 shares
14.99%QIBPortion: 24,23,70,750 shares
29.97%EmployeesPortion: 7,97,101 shares
0.1%Minimum Application Bracket Matrix
Retail1 lots / 195 shares
₹14,820sHNI14 lots / 2,730 shares
₹2,07,480bHNI68 lots / 13,260 shares
₹10,07,760About the Company
Ola Electric Mobility Limited, founded in 2017, is a leading EV company specializing in manufacturing electric vehicles and key components like battery packs, motors, and frames at its Ola Futurefactory. Since launching the Ola S1 Pro in 2021, the company has expanded its lineup and announced six upcoming models, including electric motorcycles. By October 2023, Ola Electric had built a strong direct-to-customer network with 935 experience centers, 414 service centers, and an online presence across India. It also exports to markets in Africa, LATAM, and Southeast Asia. With a focus on R&D, manufacturing, and distribution, the company had 959 employees as of March 2024.
Company Promoters
Bhavish Aggarwal
Lead Managers
Registrar
Link Intime India Private Limited