Exchanges
BSE, NSE
Industry
2/3 Wheelers
Issue
Book building

Ola Electric Mobility IPO

₹91.20

+20.00% on listing

Listing-day close · NSE · 9 Aug 2024 · issue price ₹76

Ola Electric Mobility’s ₹6,146 crore IPO was priced at ₹76 a share. It listed on the NSE on 9 Aug 2024 and closed its first day at ₹91.20, up 20.00% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹6,146 Cr
Fresh issue
₹5,500 Cr
Offer for sale
₹646 Cr
Lot size
195 shares
Minimum investment
₹14,820
Face value
₹10
Registrar
MUFG Intime India

Subscription

Ola Electric Mobility IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.85×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹33,522 Cr
P/E (post-issue)
-21.2
EPS (post-issue)
−₹3.59
Price to book
13.7
Promoter holding
45.14% → 36.78%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
9 Aug 2024
Issue price
₹76
Open
₹76.00
High
₹91.20
Low
₹76.00
Close
₹91.20

Listing day on the NSE. The close was +20.00% on the issue price.

OLA ELECTRIC MOBILITY share price today

FAQs

When did the Ola Electric Mobility IPO open and close?

It opened on 2 Aug 2024 and closed on 6 Aug 2024.

What was the Ola Electric Mobility IPO price?

The price band was ₹72–76 a share. The final issue price was ₹76.

What is the lot size and minimum investment?

One lot is 195 shares, ₹14,820 at ₹76 a share. Retail investors apply in whole lots.

How much did Ola Electric Mobility raise?

₹6,146 crore: ₹5,500 crore of new shares and ₹646 crore offered by existing shareholders.

How many times was the Ola Electric Mobility IPO subscribed?

2.85 times overall.

How did Ola Electric Mobility list?

It listed on the NSE on 9 Aug 2024 at ₹76.00 and closed the day at ₹91.20, up 20.00% on the ₹76 issue price.

Who is the registrar of the Ola Electric Mobility IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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