ListedMainboardOLAELEC
Ola Electric Mobility Limited
Ola Electric Mobility Limited is a mainboard IPO raising ₹6,146 Cr at ₹72 – ₹76 a share. It listed on 9 Aug 2024 and trades at ₹37 today, −51.0% against its issue price of ₹76. It was subscribed 4.27× in total.
₹76
Issue price
₹37
Price now
−51.0%
Since issue price
9 Aug 2024
Listed on
4.27×Subscribed (final) · all exchanges
4.3 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹72 – ₹76
Cut-off price₹76
Issue size₹6,146 Cr
Shares per lot195
Minimum application₹14,820
Minimum quantity195
Face value₹10
Listing exchanges—
ISININE0LXG01040
Bidding hours10:00 – 17:00 IST
Bidding window2 Aug 2024 – 6 Aug 2024
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.