The OLA Electric IPO subscription status started on August 02, 2024, and QIB, NII, and RII are also subscribing to it. The OLA Electric IPO opens on August 02, 2024, and closes on August 06, 2024. OLA Electric IPO has raised ₹6145.56 crores through its fresh issue and offer for sale, in which the fresh issue is ₹5500.00 crores and the offer for sale is ₹645.56 crores, and the OLA Electric IPO price band is fixed at ₹72 to ₹76 per share. You can check OLA Electric IPO GMP here.
Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and certain core components for electric vehicles such as battery packs, motors, and vehicle frames at the Ola Futurefactory. The company operates its “omnichannel distribution network across India, comprising 870 experience centers and 431 service centers (including 429 service centers in experience centers), in addition to the Ola Electric website.
OLA Electric IPO reserved shares in this IPO, 75% for QIB 15% for NII, and 10% for the retail category have been reserved. To know the OLA Electric IPO Subscription Status, you can see the below-day Subscription. You can check the OLA Electric IPO Allotment status here.
OLA Electric IPO Review :
👉 Ola Electric IPO Show Review ….👈
- ■ The company is an emerging market leader in E-2W segment.
- ■ The company top line & bottom line posted Negative strengths.
- ■ The company show is a negative PE ratio.
- ■ The company Issue price is slightly aggressive based on the Negative PE Ratio.
- ■ The company has been posting contineous losses last few years.
- ■ Based on FY24 earnings the issue slightly High priced, Investors can bid the High Risk High Reward on future growth.
OLA Electric IPO Subscription Status {Live Update} :
The total OLA Electric IPO Subscription Status subscribed 4.27x times so far, with QIB subscribed 5.31x NII subscribed 2.40x times & RII 3.92x times, and EMP 11.99x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.00x | 0.40x | 5.31x |
| NII : | 0.20x | 1.11x | 2.40x |
| bNII (above ₹10L): | 0.13x | 1.12x | 2.62x |
| sNII (below ₹10L): | 0.35x | 1.09x | 1.94x |
| RII : | 1.57x | 2.87x | 3.92x |
| EMP : | 4.88x | 8.98x | 11.99x |
| Total : | 0.35x | 2.06x | 4.27x |
OLA Electric IPO Net Shares Offered:
| Category | Net EQ Offer | Amount (in Cr) |
| Anchor : | 363,556,135 | 2,763.03 |
| QIB : | 242,370,750 | 1,842.02 |
| NII : | 121,185,387 | 921.01 |
| bNII (bids above ₹10L) : | 80,790,252 | 614.01 |
| sNII (bids below ₹10L) : | 40,395,135 | 307.00 |
| Retail : | 80,790,252 | 614.01 |
| EMP : | 797,101 | 6.06 |
| Total : | 808,699,625 | 6,146.12 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
OLA Electric IPO Subscription Status FAQs :
How much is the total OLA Electric IPO Subscription Status?
The total OLA Electric IPO Subscription Status is 4.27x times Day 3.
What is the status of the OLA Electric IPO retail subscription?
OLA Electric IPO Retail Subscription 3.92x times Day 3.
What is the OLA Electric IPO QIB subscription Status?
The OLA Electric IPO QIB subscription is 5.31x times Day 3.
What is the OLA Electric IPO NII subscription status?
OLA Electric IPO NII Subscription 2.40x times Day 3.
When is the OLA Electric IPO Allotment Date?
OLA Electric IPO allotment date is August 07, 2024.
When is the OLA Electric IPO Listing Date?
OLA Electric’s IPO listing date is August 09, 2024. The IPO is to be listed on BSE and NSE.
| OLA Electric IPO GMP: Click Here OLA Electric IPO Details: Click Here OLA Electric IPO Allotment: Click Here OLA Electric IPO Listing: Click Here |
All OLA Electric IPO-related links are available here. If you want to know the details then click Here Link.
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