Ola Electric IPO is a book-built issue of Rs 6145.56 crores. The issue is the combination of fresh issue of 72.36 crore shares aggregating to Rs 5500 crores and offer for sale of 8.49 crore shares aggregating to Rs 645.56 crores.
Ola Electric IPO opens for subscription on 2 August 2024 and closes on 6 August 2024. The allotment for the Ola Electric IPO is expected to be finalized on Wednesday, 7 August 2024. Ola Electric IPO will be listed on NSE and BSE with a tentative date fixed as Friday, 9 August 2024.
Ola Electric IPO price band is set at ₹72 to ₹76 per share. The minimum lot size for an application is 195 Shares. The minimum amount of investment needed by retail investors is ₹14,820. The maximum amount of investment required by retail investors is ₹192,660. The minimum lot size investment for HNI is 14 lots (2730 shares) amounting to ₹2,07,480.
Ola Electric ltd. iPO GMP (gray market premium)
| GMP Date | IPO Price | GMP | Expected Listing | Last Updated |
|---|---|---|---|---|
| 2 August 2024 | ₹72-₹76 | ₹13 | ₹89(+17.11%) | 2 August 9:30 AM |
Ola Electric IPO details
Ola Electric IPO opens on 2 August, 2024, and closes on August 6, 2024. The Listing date for Ola Electric IPO is on August 9, 2024. The price band for IPO is ₹72 to ₹76 per share and lot size of 195 Shares.
| IPO Date | 2 August, 2024 to 6 August,2024 |
| Listing Date | 9 August, 2024 |
| Price | ₹72 to ₹76 Per Share |
| Lot Size | 195 Shares |
| Issue Size | ₹ 6145.56 Cr. |
| Face Value | ₹10 Per Share |
Ola Electric IPO Dates
| Event | Date |
|---|---|
| IPO Opening | 2 August, 2024 |
| IPO Closing | 6 August, 2024 |
| IPO Allotment Date | 7 August, 2024 |
| Refund Initiation | 8 August, 2024 |
| Shares Credit to Demat | 8 August, 2024 |
| Listing Date | 9 August, 2024 |
Ola Electric IPO Lot size
The Lot size of this IPO is 195 shares. A retail-individual investor can apply for up to 13 lots (2535 shares or ₹1,92,660). A High Net-worth Individual can apply for a minimum of 14 lots (2730 shares or ₹2,07,480).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 195 | ₹14,820 |
| Retail (Maximum) | 13 | 2535 | ₹1,92,660 |
| S-HNI (Minimum) | 14 | 2730 | ₹2,07,480 |
| S-HNI (Maximum) | 67 | 13065 | ₹9,92,940 |
| B-HNI (Minimum) | 68 | 13260 | ₹10,07,760 |
Ola Electric IPO Promoter Holding
| Pre Issue Share Holding | 45.19% |
| Post Issue Share Holding | 36.82% |
Ola Electric IPO Prospectus
Ola Electric IPO Registrar
Link Intime India Private Limited
Ola Electric IPO Allotment Status
For the Ola Electric IPO Allotment status check you can visit this link, select the IPO, and enter your PAN to check the allotment status.
Ola Electric IPO FAQs
What is Ola Electric IPO?
Ola Electric IPO is a Mainline IPO. The issue size is ₹ 6145.56 crore and ₹72 to ₹76 per equity share.
When Ola Electric IPO will open?
Ola Electric IPO will open on 2 August, 2024 for QIB, NII, and Retail Investors.
When Ola Electric IPO will end?
Ola Electric ipo will end on 6 August, 2024.
What is Ola Electric IPO Size?
Ola Electric IPO size is ₹ 6145.56 Cr.
What is Ola Electric IPO Price Band?
Ola Electric IPO price band is ₹72 to ₹76 per share.
What is Ola Electric IPO Investors Portion?
The investor’s portion for QIB – 75%, NII – 15% and, Retail – 10%.
What is the Ola Electric IPO Allotment Date?
Ola Electric IPO allotment date is 7 August 2024.
What is the Ola Electric IPO Listing Date?
Ola Electric IPO listing date is 9 August, 2024. The IPO is to be listed on NSE and BSE.
What Is The Ola Electric IPO GMP?
Ola Electric IPO GMP is 13 rs Per Share.
What is The Ola Electric IPO Expected Listing Price?
Ola Electric IPO Expected Listing Price is 89 Per Share.