Ola Electric Mobility Limited
₹14,820(195 Shares)
Minimum Investment
IPO Dates
Aug 2, 2024 – Aug 6, 2024
Price Band
₹72–76 per equity share
Lot Size
195
Listing
Aug 9, 2024
Listing At
BSE, NSE
Ola Electric Mobility Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
4.26x
Ola Electric Mobility Limited IPO Issue Details
- Issue Price
- ₹72-76 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 72,36,84,210 shares(aggregating up to ₹5500 crore)
- Listing At
- BSE, NSE
- Listing Date
- Aug 9, 2024
- Registrar
- Link Intime India Private Ltd
Market Lot Details
Reservation Details
Shares Offered
12,11,85,387
Shares Offered
24,23,70,750
Shares Offered
36,35,56,135
Company Information
Ola Electric Mobility Limited is an electric vehicle company that was established in 2017. Here, the company mainly manufactures electric vehicles and certain core components for electric vehicles, li...
Valuations
EPS (Pre-IPO)
-4.3
EPS (Post-IPO)
-3.59
P/E (Pre-IPO)
-17.69
P/E (Post-IPO)
-21.16
RoNW
-78.46%
P/B Value
13.72
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Capital expenditure to be incurred by its Subsidiary, OCT for expansion of the capacity of its cell manufacturing plant from 5GWh to 6.4 GWh, classified as phase 2 under the expansion plan(the Project)
- 2Repayment or pre-payment, in full or part, of the indebtedness incurred by its Subsidiary, OET
- 3Investment into research and product development
- 4Expenditure to be incurred for organic growth initiatives
- 5General corporate purposes
Ola Electric Mobility Limited – Promoter(s)
Contact Details
Corporate Office
Regent Insignia, #414, 3rd Floor, 4th Block, 17thMain100 Feet Road, Koramangala, Bengaluru 560034
Ola Electric Mobility Limited Allotment & Registrar Details
Check AllotmentLink Intime India Private Ltd
Ola Electric Mobility Limited IPO Documents
Frequently Asked Questions — Ola Electric Mobility Limited IPO
The Ola Electric Mobility Limited IPO price band is set at ₹72.00 to ₹76.00 per equity share.
The lot size for Ola Electric Mobility Limited IPO is 195 shares per lot. The minimum investment amount is approximately ₹14,820.
The Ola Electric Mobility Limited IPO opens on Aug 2, 2024 and closes on Aug 6, 2024.
Ola Electric Mobility Limited IPO is expected to be listed on Aug 9, 2024 on BSE, NSE.
The current GMP for Ola Electric Mobility Limited IPO is ₹0, suggesting an expected listing price of around ₹72.00. Note: GMP is an unofficial market indicator.
The registrar for Ola Electric Mobility Limited IPO is Link Intime India Private Ltd. You can contact them at olaelectric.ipo@linkintime.co.in.
