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Ola Electric Mobility IPO Draws 0.35x Subscription on Day 1!

Ola Electric Mobility Day 1 IPO shows diverse interest, QIBs at 0.00, Non-Institutional at 0.20, RIIs at 1.57, and Employees at 4.88, totaling a subscription rate of 0.35.
Ola Electric Mobility IPO Draws 0.35x Subscription on Day 1!

Ola Electric Mobility IPO on Day 1 shows varied investor interest: Qualified Institutional Buyers (QIBs) at 0.00, Non-Institutional Investors at 0.20, Retail Individual Investors (RIIs) at 1.57, and Employees at 4.88, leading to a total subscription rate of 0.35.

How to check Ola Electric Mobility Limited IPO Subscription Status?

Steps to check 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 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 Limited IPO Listing Date 

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

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