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Ola Electric Mobility IPO Allotment Status, Subscription, and IPO Details

The Ola Electric Mobility allotment is set for August 7, 2024, with shares priced at ₹72 to ₹76 per share. The offering allows bidding for lots of 195 shares or multiples thereof.
Ola Electric Mobility IPO Allotment Status, Subscription, and IPO Details

Ola Electric Mobility Ltd IPO Allotment Status 

The allotment date for the Ola Electric Mobility 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 Ltd IPO Allotment Status Check 

To ascertain their allocation status for the Ola Electric Mobility IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Link Intime India website.

IPO Allotment Status BSE 

Here are steps to check Ola Electric Mobility Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Ola Electric Mobility Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Step 1: Visit IPO registrar website – Link Intime India

Step 2: Select ‘Ola Electric Mobility’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Ola Electric Mobility IPO allotment status will be reflected on the screen.

Ola Electric Mobility Limited IPO GMP Today

The Ola Electric Mobility IPO GMP (Grey Market Premium) is ₹2.50 as of August 5.

Ola Electric Mobility Limited IPO Subscription Status 

Ola Electric Mobility Limited IPO saw varied subscription levels by day 2. QIBs subscribed at 0.40 times, NIIs at 1.11 times, and RIIs at 2.87 times. Employees showed significant interest with 8.98 times subscription, totaling 1.06 times overall.

Ola Electric Mobility Limited IPO Details

OLA Electric’s IPO, totaling Rs 6,145.56 crores, combines a fresh issue of 72.37 crore shares for Rs 5,500 crores and a sale of 8.49 crore shares for Rs 645.56 crores. Open from August 2 to August 6, 2024, it lists on BSE and NSE on August 9. Shares are priced between ₹72 and ₹76.

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