Ola Electric shares tank 8.5% as 3-month lock-in period expires
The share price of Bhavish Aggarwal-led electric vehicle company drops low listing price, touching its lifetime low of ₹73.70
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Ola Electric's 20% rally on IPO debut makes investors richer by ₹6,704 cr
Ola’s co-founder and CEO Bhavish Aggarwal, who owns 1,32,39,60,029 shares in the company, is now worth ₹12,074.5 crore.
Ola Electric makes muted debut; shares list flat at ₹76
Post listing, shares of Ola Electric rose as much as 4.82% to ₹79.66, while the market capitalisation climbed to ₹35,137 crore.
FirstCry IPO subscribed 12.2 times; Unicommerce issue booked 167.5 times
The IPOs of FirstCry and Unicommerce eSolutions garnered strong response on the final day after muted bidding on the first two days.
Ola Electric IPO fully subscribed on Day 2; Ceigall issue booked 13.75x on Day 3
The ₹6,146 crore IPO of Ola Electric was subscribed 1.12 times on Day 2, led by strong response from retail and non-institutional investors.
Ola Electric IPO: EV maker raises ₹2,763 cr from anchor investors; issue opens today
Ahead of the opening of the IPO, Ola Electric's share price was trading at a premium of ₹13 in the grey market
Commercial production at cell gigafactory early next year: Bhavish Aggarwal
Ola Electric has secured the biggest 20 GWh (gigawatt hour) allocation under the PLI scheme. The company plans to build this capacity in phases.
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 startup Ola Electric gets SEBI nod for ₹7,250 cr IPO
The IPO of Ola Electric comprises a fresh issue of equity shares worth ₹5,500 crore and an OFS of 9.5 crore equity shares by existing shareholders.
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.
