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Open
2 Aug 2024
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Close
6 Aug 2024
3
Allotment
—
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Listing
Fri, Aug 9, 2024
Price Band
₹72 to ₹76
Issue Size
80,86,99,624 shares (agg. up to ₹6,146 Cr)
Lot Size
195 Shares
Listing Date
Fri, Aug 9, 2024
Latest GMP
₹-3
Est. Gain
-3.95%
✦ AI Insight
GMP Trend
09-08-2024₹-3Est. ₹73-3.95%
08-08-2024₹-3Est. ₹73-3.95%
07-08-2024₹-3Est. ₹73-3.95%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.85x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 7,735.41 | 5,573.17 | 5,395.86 | 2,112.64 |
| Total Income | 5,243.27 | 2,782.70 | 456.26 | 106.08 |
| Profit After Tax | -1,584.40 | -1,472.08 | -784.15 | -199.23 |
| NET Worth | 2,019.34 | 2,356.44 | 3,661.45 | 1,970.62 |
| Reserves and Surplus | -2,882.54 | -1,380.03 | -68.83 | 1,999.30 |
| Total Borrowing | 2,389.21 | 1,645.75 | 750.41 | 38.87 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Tunwal E-Motors Ltd. | SME | ₹115.64 Cr | ₹59 | 20.71 | ₹60.80 | +3.05% | ₹25.35 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure to be incurred by our Subsidiary, OCT for the Project | 1,227.64 |
| 2 | Repayment or pre-payment, in full or part, of the indebtedness incurred by our Subsidiary, OET | 800.00 |
| 3 | Investment into research and product development | 1,600.00 |
| 4 | Expenditure to be incurred for organic growth initiatives | 350.00 |
| 5 | General corporate purposes | 1,297.42 |
About Ola Electric Mobility IPO
Updated on Aug 12, 2026
Contact Details
Ola Electric Mobility Ltd. AddressRegent Insignia, #414, 3rd Floor, 4th Block17thMain100 Feet Road, KoramangalaBengaluru, Karnataka, 560034+91 80 3544 0050ipo@olaelectric.comVisit Website