URL copied to clipboard

Trending News

Ola Electric Mobility IPO GMP Today, Price Range, and Company Details

Ola Electric Mobility IPO offers shares at ₹72 to ₹76, with a ₹16 Grey Market Premium. Available in 195 share lots, the subscription runs from August 2 to August 6, 2024.
Ola Electric Mobility IPO GMP Today, Price Range, and Company Details

As of August 1, 2024, Ola Electric Mobility IPO has ₹16 as Grey Market Premium, with a price range of ₹72 to ₹76 per share. Offering lots of 195 shares, the subscription window is open from August 2 to August 6, 2024.

Ola Electric Mobility Limited IPO GMP Today

The Grey Market Premium (GMP) for Ola Electric Mobility Limited is ₹16 as of August 1, 2024. This assessment coincides with a price of ₹72 to ₹76 per share for the IPO.

Ola Electric Mobility Limited IPO Review

Ola Electric Mobility Ltd has seen significant revenue growth, escalating from ₹3,734.23 million in March 2022 to ₹50,098.31 million by March 2024. Despite this increase, the company faced challenges with rising liabilities and a decline in EPS and RoNW, indicating difficulties in maintaining profitability.

While liabilities have increased, indicating potential expansion, Ola Electric’s financial position shows growth with rising total assets. However, the company’s profitability struggles, as evidenced by worsening EPS and RoNW, alongside a significant increase in profit after tax losses from March 2022 to March 2024.

To get a full IPO review, click here Ola Electric Mobility IPO

Ola Electric Mobility Limited IPO Date

Ola Electric Mobility Limited will start accepting subscriptions from August 1 to August 6, 2024

Ola Electric Mobility Limited IPO Price

Ola Electric Mobility Limited’s price range is ₹72 to ₹76 per share with a face value of ₹10 each.

Ola Electric Mobility Limited

Ola Electric Mobility Ltd, a prominent Indian EV manufacturer, focuses on the domestic surge in electric mobility and aims to expand into select international markets. Their extensive R&D across facilities in India, the UK, and the US promotes in-house innovation. India’s largest automated E2W plant, its omnichannel network includes 935 experience and 414 service centres.

How To Apply For Ola Electric Mobility Ltd IPO?

To apply for the Ola Electric Mobility IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Ola Electric Mobility on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Ola Electric Mobility IPO at Alice Blue in just a few clicks!

Loading
Read More News