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OLA Electric IPO Price, Lot size, issue date and Details

OLA Electric IPO Price, Lot size, issue date and Details

Last updated on August 1, 2024

Latest 2024 IPO OLA electric mobility IPO is going for subscription on 2 August 2024.

Established in 2017, Ola Electric Mobility Limited is a firm specializing in the production of electric vehicles and essential parts for these vehicles, such as battery systems, electric motors, and the framework of the vehicles, all produced at the Ola Futurefactory.

Since the beginning of August 2021, the company has introduced seven new models and revealed four more. The inaugural electric vehicle from Ola, the S1 Pro, was made available in December 2021, with subsequent models including the S1, S1 Air, S1 X, and S1 X+. In August 2023, the company unveiled new electric vehicle models and a selection of motorcycles, including the Diamondhead, Adventure, Roadster, and Cruiser.

Issue Size808,626,207 shares
IPO Date2 August to 6 August 2024
IPO Price Rs 72 to Rs 76 Per share
Lot size195 qty
Listing Date9 August 2024

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