Ola Electric Mobility Limited IPO Allotment Status
- 12 Aug 2024
3 mins read - By: BlinkX Research Team
The Ola Electric Mobility Limited Initial Public Offering (OLA IPO) is a book-built issue of ₹6145.56 crores. It consists of a fresh issue of ₹5500 crores and an offer for sale of ₹645.56 crores. The IPO opened on August 9, 2024, and closed on August 6, 2024. The price range of the IPO is between ₹72 and ₹76.
How to Check IPO Allotment Status?
Follow the steps listed below to check the allotment status of Ola Electric Mobility Limited IPO.
- Visit the NSE website.
- Choose 'Equity' under the Issue Type.
- Select 'Ola Electric Mobility Limited IPO’ from the dropdown menu.
- Enter your Application Number or PAN.
- Complete the captcha verification by clicking on 'I am not a Robot', then click 'Submit'.
Follow these steps to check the Ola Electric Mobility Limited IPO allotment status on the Link Intime India website.
- Visit the Link Intime India’s official website.
- Select 'Ola Electric Mobility Limited IPO' from the dropdown list under 'Select Company'.
- Select your desired identification method: PAN, Application Number, DP/Client ID, or Account Number./IFSC.
- Enter the necessary details based on the chosen option.
Your application status for Ola Electric Mobility Limited IPO will be displayed on the screen.
Table of Content
Ola Electric Mobility Limited IPO Details
Parameter | Value |
IPO Date | August 2, 2024 to August 6, 2024 |
Listing Date | August 9, 2024 |
Face Value | ₹10 Per Equity Share |
Price Band | ₹72 to ₹76 Per Share |
Lot Size | 800 Shares |
Total Issue Size | 808,626,207 shares (worth ₹6145.56 Cr.) |
Offer for Sale | 84,941,997 equity shares of (worth ₹645.56 Cr.)
|
Issue Type | Book Built Issue IPO |
Listing At | NSE & BSE |
Ola Electric Mobility Limited IPO Timeline
Ola Electric Mobility Limited IPO opens on 2nd August 2024 and closes on 6th August 2024.
IPO Open Date | Friday, August 2, 2024 |
IPO Close Date | Tuesday, August 6, 2024 |
Basis of Allotment | Wednesday, August 7, 2024 |
Initiation of Refunds | Thursday, August 8, 2024 |
Credit of Shares to Demat | Thursday, August 8, 2024 |
Listing Date | Friday, August 9, 2024 |
About Ola Electric Mobility Limited
Ola Electric is a leading player in the Indian Electric Vehicle market. They are developing manufacturing and technological capabilities that are vertically integrated for EVs and their parts, such as batteries. The Ola Future Factory produces electric vehicles (EVs) as well as some essential EV parts like motors, battery packs, and car frames.
The company's primary goal is to capitalize on the potential created by India's electrification of transportation. They also look for prospects to export EVs to other countries.
