From ₹76 to ₹146: Ola Electric shares nearly double in 6 sessions
The BSE has revised the circuit limit of Ola Electric Mobility from 20% to 10% to stop any unduly rising of the stock price.
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August 2024
July 2024
December 2023
Newly listed Ola Electric’s Q1 loss widens to ₹347 crore; revenue grows 32%
Sequentially, the loss of Ola Electric dropped 16% from ₹416 crore in March quarter of 2024, while revenue slipped by 2.9% from ₹1,598 crore in Q4 FY24.
Ola Electric sets IPO price band at ₹72-76 per share; issue to open on Aug 2
At the upper end of the IPO price band, the EV company looks to raise ₹6,146 cr, comprising a fresh issue of ₹5,500 cr and an OFS of ₹645.96 cr.
EV player Ola Electric files IPO papers with SEBI
The IPO of Bhavish Aggarwal-led EV company is a mixture of fresh issue of equity shares up to ₹5,500 crore and an offer for sale of 9.5 crore equity shares.
