Ola Electric IPO Date, Review, Price, Allotment Details

Ola Electric IPO is offering its shares to the public for the first time through an IPO on the stock exchanges BSE and NSE. The total amount they aim to raise is 6145.56. Out of this 5500.00 will be through new shares, and 645.56 through existing shares. The IPO is open for subscription from 2 August, 2024 to 6 August, 2024. Each share has a face value of Rs 10, and investors can apply for shares at a price between 72-76. The minimum number of shares one can apply for is 195, or multiples of that as mentioned in the offer document.

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Listed

IPO Category Type:	Mainboard
IPO Open:	2 August, 2024
IPO Close:	6 August, 2024
IPO Price Band:	72-76
Face Value:	₹10 Per Equity Share
IPO Listing on:	BSE and NSE
IPO Issue Type:	Book Build Issue
IPO Size:	Approx 6145.56
Fresh Issue:	Approx 5500.00
Offer for Sale:	Approx 645.56

Retail Quota:	10%
QIB Quota:	75%
NII Quota:	15%
Employee Discount:	₹7 For Employees

DRHP Draft Prospectus:	Continue Reading
RHP Draft Prospectus:	Continue Reading
Anchor Investors List:	[.]

Application	Lot Size	Shares	Amount
	1	195	₹14820

IPO Activity	Date
Open Date:	2 August, 2024
Close Date:	6 August, 2024
Allotment Date:	7 August, 2024
Refund Date:	8 August, 2024
Shares Credit Date:	8 August, 2024
Listing Date:	9 August, 2024

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	7,735.41	5,573.17	5,395.86	2,112.64
Revenue	5,243.27	2,782.70	456.26	106.08
Profit After Tax	-1,584.40	-1,472.08	-784.15	-199.23
Net Worth	2,019.34	2,356.44	3,661.45	1,970.62
Reserves and Surplus	-2,882.54	-1,380.03	-68.83	1,999.30
Total Borrowing	2,389.21	1,645.75	750.41	38.87
Amount in ₹ Crore

Ola Electric Mobility Limited
Regent Insignia, #4143rdFloor,
4thBlock, 17thMain100 Feet Road,
Koramangala
Bangalore,Karnataka-560034
India
Website: https://www.olaelectric.com/
Phone: +91 80 3544 0050
Email: ipo@olaelectric.com

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: olaelectric.ipo@linkintime.co.in

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Q.What is Ola Electric IPO?

Ans.Ola Electric IPO is a Mainboard IPO. The IPO is list on BSE and NSE. The total amount Ola Electric aim to raise is 6145.56.

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Q.When Ola Electric IPO will open?

Ans.Ola Electric IPO is to open on 2 August, 2024 for Investors.

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Q.What is Ola Electric IPO Investors Portion?

Ans.Ola Electric investor's portion for QIB is 75%, NII is 15%, and Retail is 10%.

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Q.What is Ola Electric IPO Size?

Ans.Ola Electric IPO size is 6145.56.

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Q.What is Ola Electric IPO Price Band?

Ans.Ola Electric IPO Price Band is 72-76.

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Q.What is the Ola Electric IPO Allotment Date?

Ans.Ola Electric IPO allotment date is 7 August, 2024.

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Q.What is the Ola Electric IPO Listing Date?

Ans.Ola Electric IPO listing date is 9 August, 2024. The IPO is to list on BSE and NSE.