Issue Price
₹72- ₹76
per equity share
Issue Size
46.52 crores
equity share
Face Value
₹
per equity share
Market Lot
195
equity share
Please note
Listing at BSE
OLA ELECTRIC MOBILITY LIMITED
Important Dates
IPO Open Date
02 Aug 2024
IPO Close Date
06 Aug 2024
Allotment Date
07 Aug 2024
Initiation of Refunds
08 Aug 2024
Credit of Shares to Demat Account
08 Aug 2024
IPO Listing Date
09 Aug 2024
UPI Mandate Expiry Date
06 Aug 2024
IPO Details
Ola Electric is open for subscription from Friday, August 2, 2024, and closing on Tuesday, August 6, 2024. The price band for this IPO is set to Rs 72 – Rs 76 per share. Ola Electric is a 100% book-built public issue. The company is offering a fresh issue of 72.37 crore of equity shares amounting up to Rs 5,500 crore and an offer for sale of 8.49 crore of equity shares amounting up to Rs 645.56 crore, this aggregates to total size 80.86 crore of equity shares amounting up to Rs 6,145.56 crore. The allotment for this new IPO is expected to be finalised on Wednesday, August 7, 2024. This IPO will be listed on the NSE and BSE exchanges on Friday, August 9, 2024. The IPO is managed by Kotak Mahindra Capital Company Limited, BofA Securities India Limited, Axis Capital Limited, SBI Capital Markets Limited, Citigroup Global Markets India Pvt Limited, Goldman Sachs Securities Pvt Limited, ICICI Securities Limited and BOB Capital Markets Limited, which are the lead managers. The company has appointed Link Intime India Private Limited as the registrar for the issue.Don't let another opportunity slip away. Check your IPO status now!
Check Allotment StatusAbout OLA ELECTRIC MOBILITY LIMITED
Parent Organisation
-
Founded
2017
Managing Director
Bhavish Aggarwal.
IPO Objectives
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
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