OLA Electric IPO GMP Today
The OLA Electric IPO GMP is ₹14 (+18.4% over the upper price band of ₹76) as of 27 Jul 2024, giving an estimated listing price of ₹90 per share. On a minimum application of 195 shares, that is an estimated gain of ₹2,730. GMP has risen by ₹11 since tracking began on 9 Aug.
Last updated
- Issue Price
- ₹76
- GMP
- ₹14
- GMP %
- +18.4%
- Est. listing
- ₹90
- Est. gain / application
- +₹2,730
OLA Electric IPO GMP trend
Tracked for 14 days. High ₹16 on 31 Jul, low ₹2 on 5 Aug.
OLA Electric IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (195 sh) |
|---|---|---|---|---|---|
| (latest) | ₹14 | -₹1 | 18.42% | ₹90 | +₹2,730 |
| ₹15 | +₹2 | 19.74% | ₹91 | +₹2,925 | |
| ₹13 | -₹3 | 17.11% | ₹89 | +₹2,535 | |
| ₹16 | 0 | 21.05% | ₹92 | +₹3,120 | |
| ₹16 | +₹3 | 21.05% | ₹92 | +₹3,120 | |
| ₹13 | +₹4 | 17.11% | ₹89 | +₹2,535 | |
| ₹9 | 0 | 11.84% | ₹85 | +₹1,755 | |
| ₹9 | 0 | 11.84% | ₹85 | +₹1,755 | |
| ₹9 | +₹7 | 11.84% | ₹85 | +₹1,755 | |
| ₹2 | -₹1 | 2.63% | ₹78 | +₹390 | |
| ₹3 | 0 | 3.95% | ₹79 | +₹585 | |
| ₹3 | 0 | 3.95% | ₹79 | +₹585 | |
| ₹3 | 0 | 3.95% | ₹79 | +₹585 | |
| ₹3 | — | 3.95% | ₹79 | +₹585 |
Est. listing = upper price band (₹76) + GMP. Est. gain = GMP × 195 shares (1 lot, the minimum application).
OLA Electric IPO subscription status
| QIB | 5.31x |
|---|---|
| bNII | 2.62x |
| sNII | 1.94x |
| Retail | 3.92x |
| Total | 4.27x |
Reading the OLA Electric IPO GMP
The grey market premium is the price above the issue price at which OLA Electric IPO shares are informally traded before listing. A GMP of ₹14 on an upper band of ₹76 suggests the shares could open around ₹90, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
OLA Electric IPO GMP: FAQs
- What is OLA Electric IPO GMP today?
- The latest grey market premium (GMP) for the OLA Electric IPO is ₹14 as of 27 July 2024, which is 18.42% over the upper price band of ₹76.
- What is the expected listing price of OLA Electric IPO?
- Based on the current GMP, the estimated listing price of OLA Electric IPO is ₹90 per share (₹76 issue price + ₹14 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for OLA Electric IPO?
- The lot size is 195 shares. The minimum application is 1 lot, which costs ₹14,820 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.