247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Ola Electric Mobility Limited IPO (Ola Electric Mobility IPO) Details

Ola Electric Mobility Limited is an Automobile based company, located in Bangalore, Ola Electric Mobility Limited IPO size was 6145.56 Cr. and was issued at 76.00 per share. The share of Ola Electric Mobility Limited were listed at 91.18 per share and are currently trading at 76.33 per share.

Type :
Sub Sector : Electric Vehicle
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
5243.27 Cr.

PAT :
-1584.40 Cr.

Pricing Report

Issue Price :
76.00

Listing Price :
91.18

Current Market Price :
76.33

Issue Price vs CMP :
0.33 (0.43%)

listing Price vs CMP :
14.85 (16.29%)

Performance Report (CAGR* wise)

CAGR : 0.96
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Ola Electric Mobility

Company Information
Ola Electric Mobility Limited is a pure electric vehicle (EV) player in India, focused on building vertically integrated technology and manufacturing capabilities for EVs and their components, including cells. It manufactures EVs and key components such as battery packs, motors, and vehicle frames at the Ola Futurefactory. The business targets the growing opportunity in the electrification of mobility in India and plans to explore select international markets for EV exports in the future. Since the announcement of its first product in August 2021, the company has delivered four products and announced six new products. The first EV model, the Ola S1 Pro, was delivered in December 2021, followed by the Ola S1 in September 2022, the Ola S1 Air in August 2023, and the
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Object of Issue
  • Capital expenditure to be incurred by its Subsidiary, OCT for expansion of the capacity of its cell manufacturing plant from GWh to GWh, classified as phase under the expansion plan(the "Project"
  • Repayment or pre-payment, in full or part, of the indebtedness incurred by its Subsidiary, OET
  • Investment into research and product development
  • Expenditure to be incurred for organic growth initiatives and
  • General corporate purposes

Ola Electric Mobility MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2024
IPO Size :
6145.56 Cr.
Market Cap :
33521.00 Cr.   
IPO Subscription :
4.45 X     
PE Multiple :
0.00
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Ola Electric Mobility operates in Automobile and Electric Vehicle. The Issue is listed on MainBoard in Aug, 2024. Ola Electric Mobility IPO size was 6145.56 Cr. with Issue price of 76.00 .

Merchant Banker(s) of Ola Electric Mobility IPO: Axis Capital Limited , Bob Capital Markets Limited , Bofa Securities India Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited

Ola Electric Mobility IPO subscription was 4.45 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Ola Electric Mobility IPO listed at a listing price of 91.18 against the offer price of 76.00.

The current market price of Ola Electric Mobility is 76.33.

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