OLA Electric IPO Reservation
The OLA Electric IPO is a book build issue with a total issue size of ₹6145.56 cr, comprising of fresh issue of 723684210 equity shares., and a offer for sale of 84941997 equity shares. OLA Electric IPO opened for subscription on Aug 02, 2024 and closed on Aug 06, 2024. OLA Electric IPO is set price band at ₹72 to ₹76 per share, with a lot size of 195 shares. Minimum investment for Retail investors was ₹14,820.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 07, 2024, and listed on both the NSE and BSE on Aug 09, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Citigroup Global Markets India Private Limited, Bofa Securities India Limited, Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, ICICI Securities Limited, SBI Capital Markets Limited, Kotak Mahindra Capital Company Limited and Bob Capital Markets Limited are the Book Running Lead Manager for the issue.
Before investing in the OLA Electric IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 363556135 | 44.96 | 0 |
| Qualified Institutions | 242370750 | 29.97 | 0 |
| Non-Institutional | 121185387 | 14.99 | 0 |
| BNII | 80790252 | 9.99 | 29593 |
| SNII | 40395135 | 5 | 14796 |
| Retail Investors | 80790252 | 9.99 | 414308 |
| Employees | 797101 | 0.1 | 0 |
| Total | 808699625 | 100 | 0 |
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
OLA Electric IPO is a Book-building IPO with a total issue size of ₹6145.56 crore. The OLA Electric IPO price band is ₹72 to 76 per share. The OLA Electric IPO subscription opens on Fri, Aug 2, 2024, and closes on Tue, Aug 6, 2024. The OLA Electric IPO will be listed on the NSE,BSE. MUFG Intime India Private Limited is the registrar for the OLA Electric IPO.
The OLA Electric IPO opens on Fri, Aug 2, 2024 and closes on Tue, Aug 6, 2024
OLA Electric IPO Price Band is ₹72 to 76 per share.
OLA Electric IPO lot size is 195 shares, Retail investors need a minimum investment of ₹14820 based on the upper price band
The minimum investment for OLA Electric IPO is ₹14820, based on one lot of 195 shares at the upper price band of ₹76 per share.
Investors can apply for the OLA Electric IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Aug 6, 2024. The application amount remains blocked until the OLA Electric IPO allotment is finalized.
OLA Electric IPO issue size is ₹6145.56 crores.
OLA Electric IPO allotment date is Wed, Jul 1, 2026.
The registrar for OLA Electric IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check OLA Electric IPO allotment status, refund processing, and other IPO-related information.
The OLA Electric IPO GMP (Grey Market Premium) is ₹3 as of Fri, Aug 9, 2024. Based on the upper price band of ₹76 per share, the estimated OLA Electric IPO listing price is ₹79, indicating a potential listing gain of approximately 0% over the issue price.