Ola Electric Mobility Limited IPO Allotment Status

Ola Electric Mobility Limited IPO Allotment Status

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. 

  1. Visit the Link Intime India’s official website.
  2. Select 'Ola Electric Mobility Limited IPO' from the dropdown list under 'Select Company'.
  3. Select your desired identification method: PAN, Application Number, DP/Client ID, or Account Number./IFSC.
  4. 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 Contents

  1. How to Check IPO Allotment Status?
  2. Ola Electric Mobility Limited IPO Details
  3. Ola Electric Mobility Limited IPO Timeline

  4. About Ola Electric Mobility Limited

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. 

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