OLAELECNSEOla Electric Mobility Limited· AutomobilesHighNeutral
Announced Thu, 4 Jun, 2026 · 19:52 IST

Ola Electric QIP closes, 21.76 cr shares allotted at Rs 35.86, about Rs 780 cr raised

Qip At DiscountFund Raising View source PDFExplain this filing

OLAELEC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+4.5%Reaction day
₹43.06
prior close
₹43.40
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.0%+4.5% vs market
2/3 Wheelers peers, median of 7sector-0.1%+4.6% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Smallcap 250 and 4.6 pts more than its 2/3 Wheelers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.3
10m
-0.1
15m
+1.8
30m
+0.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+4.5+0.0+4.5-0.1+4.6
Next day
+4.6-1.8+6.3-1.7+6.3
2d
+9.2-0.4+9.6-0.5+9.7
3d
+9.3-1.6+10.9-0.7+10.0
4d
+5.4-2.4+7.8-1.2+6.5
5d
+6.0+0.2+5.8+1.3+4.7
1w
-0.1+1.9-2.0+1.9-2.0
15d
-6.1+3.3-9.4+3.1-9.2
1m
-2.0+6.0-8.1+4.5-6.5
2m
-3.6+7.4-11.1+16.2-19.8
3m
-11.5+8.4-19.9+13.9-25.4
UpDownMarket · Nifty Smallcap 250Sector · 2/3 Wheelers peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ola Electric Fund Raising Committee closed its QIP on June 4, 2026, allotting 21.76 crore equity shares at Rs 35.86 each, including a Rs 25.86 premium over face value. The issue was priced at a 4.98% discount to the floor price of Rs 37.74, set under SEBI ICDR rules. Total funds raised are about Rs 780 crore.

Likely market impact

Large equity dilution of 21.76 cr shares plus discount pricing may weigh on the stock short-term; funds likely aimed at growth.