Ola Electric Mobility Limited IPO Saw 4.27x Subscription Demand on Day 3Ola Electric Mobility Limited IPO Saw 4.27x Subscription Demand on Day 3

Ola Electric Mobility Limited IPO on day 3 subscription status showed significant interest. Qualified Institutional Buyers subscribed at 5.31 times, Non-Institutional Investors at 2.40 times, and Retail Institutional Investors at 3.92 times. Employees led with 11.99 times, resulting in a total subscription of 4.27 times.

How to check Ola Electric Mobility Limited IPO Subscription Status?

Steps to check Ola Electric Mobility Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Ola Electric Mobility Limited IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Ola Electric Mobility Limited IPO Allotment Status

The allotment date for the Ola Electric Mobility Limited IPO is set for August 7, 2024, with shares priced at a range of ₹72 to ₹76 per share and a face value of ₹ 10. The offering consists of lots of 195 shares, with bids accepted for these lots or their multiples.

Ola Electric Mobility Limited IPO Subscription Status

Ola Electric Mobility Limited IPO saw good interest on Day 2, with the issue being subscribed 1.06 times. This level of subscription reflects a decent initial market reception towards the company’s potential and industry contributions.

Ola Electric Mobility Limited IPO Listing Date 

Ola Electric Mobility Limited IPO is expected to be listed on the NSE SME on August 9,2024