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 Rs 6145.56 crore. Out of this, Rs 5500.00 crore will be through new shares, and Rs 645.56 crore through existing shares. The IPO is open for subscription from August 2, 2024 to August 6, 2024. Each share has a face value of Rs 10, and investors can apply for shares at a price between Rs 72-76 per share. 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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ListedOla Electric IPO Details
| IPO Category Type: | Mainboard |
| IPO Open: | August 2, 2024 |
| IPO Close: | August 6, 2024 |
| IPO Price Band: | ₹72-76 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Listing on: | BSE and NSE |
| IPO Issue Type: | Book Build Issue |
| IPO Size: | Approx ₹6145.56 Crores |
| Fresh Issue: | Approx ₹5500.00 Crores |
| Offer for Sale: | Approx ₹645.56 Crores |
Ola Electric IPO Reservation
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Employee Discount: | ₹7 For Employees |
Ola Electric IPO Prospectus
| DRHP Draft Prospectus: | Continue Reading |
| RHP Draft Prospectus: | Continue Reading |
| Anchor Investors List: | [.] |
Ola Electric IPO Market Lot Details
| Lot Size | Shares | Amount | |
|---|---|---|---|
| Retail Minimum | 1 | 195 | ₹14820 |
| Retail Maximum | 13 | 2535 | ₹192660 |
| S-HNI Minimum | 14 | 2730 | ₹207480 |
| B-HNI Minimum | 68 | 13260 | ₹1007760 |
Ola Electric IPO Dates
- Open Date2 August, 2024
- Close Date6 August, 2024
- Allotment Date7 August, 2024
- Refund Date8 August, 2024
- Shares Credit Date8 August, 2024
- Listing Date9 August, 2024
Ola Electric Company Financial Report
| 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 Company Address
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
Ola Electric IPO Registrar
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
Ola Electric IPO FAQs
What is Ola Electric IPO?
Ola Electric IPO is a Mainboard IPO. The IPO is list on BSE and NSE. The total amount Ola Electric aim to raise is Rs 6145.56 crore
When Ola Electric IPO will open?
Ola Electric IPO is to open on August 2, 2024 for Investors.
What is Ola Electric IPO Investors Portion?
Ola Electric investor's portion for QIB is 75%, NII is 15%, and Retail is 10%.
What is Ola Electric IPO Size?
Ola Electric IPO size is ₹6145.56 crores.
What is Ola Electric IPO Price Band?
Ola Electric IPO Price Band is ₹72-76.
What is the Ola Electric IPO Allotment Date?
Ola Electric IPO allotment date is August 7, 2024.
What is the Ola Electric IPO Listing Date?
Ola Electric IPO listing date is August 9, 2024. The IPO is to list on BSE and NSE.
