Ola Electric IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Ola Electric IPO is going to open soon. So I will give you complete information about Ola Electric IPO here on IPO India.

On this article I will inform you about Ola Electric IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

Ola Electric IPO

About Ola Electric

Ola Electric is an Indian electric vehicle (EV) manufacturing company focused on sustainable and eco-friendly transportation solutions. Founded by Bhavish Aggarwal and Ankit Bhati, Ola Electric is a subsidiary of Ola, one of India’s leading ride-hailing platforms. The company is dedicated to revolutionizing the automotive industry by promoting the adoption of electric vehicles to reduce carbon emissions and address environmental concerns.

Ola Electric has gained prominence for its efforts in the development and manufacturing of electric scooters, with the Ola S1 and Ola S1 Pro being notable models in its product lineup. These scooters boast of advanced features and technology, offering users an efficient and green option for urban commuting. Ola Electric is committed to contributing to India’s ambitious goals of electrifying its transport sector and has made significant strides in establishing itself as a key player in the EV market.

Apart from manufacturing electric scooters, Ola is actively involved in building a wider EV ecosystem, including electric charging infrastructure and battery swapping stations. The company’s commitment to sustainability is aligned with global efforts to transition to cleaner energy sources and reduce the environmental impact of traditional transportation. As the market for electric vehicles continues to grow, Ola Electric aims to play a key role in shaping the future of mobility.

Ola Electric. (2023, December 15). In Wikipedia. https://en.wikipedia.org/wiki/Ola_Electric

Ola Electric IPO GMP

Exp. Premium (GMP)₹[_] per Share

About Ola Electric IPO

Here is some information about Ola Electric IPO which will help you in making a decision to invest in Ola Electric IPO. It appears to be a book-built offer with Up to ₹5,500 crore value, including 951,911,95 equity shares offer for sale in full.

Summary of the key details

  • Issue Size: Up to ₹5,500 crore
  • Offer for Sale: 951,911,95 equity shares
  • Subscription Period: likely in January or February
  • Allotment Date: likely in January or February
  • Listing Date: likely in January or February

Price Range of Ola Electric IPO

  • ₹[_] to ₹[_] per share

Lot Size of Ola Electric IPO

  • Minimum Lot: [_] Shares.
  • Minimum Investment for Retail Investors: ₹[_]

Minimum Lot Size Investments for Ola Electric IPO

  • HNI: [_] lots ([_] shares), amounting to ₹[_].

This information provides potential investors with the details they need to participate in the Ola Electric IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

To Open a trading and demat account in Zerodha

Ola Electric IPO

Open DateTBA (likely in January or February)
Close DateTBA (likely in January or February)
Allotment DateTBA (likely in January or February)
Listing DateTBA (likely in January or February)
Face Value₹[_] Per Equity Share
Issue Price₹[_]-[_] Per Equity Share
Issue Size951,911,95 shares (Aggregating Up to ₹5,500 crore)
Market Lot (Min. Amount)Retail: [_] Shares (₹[_]/-)
S-HNI: [_] Shares (₹[_]/-)
B-HNI: [_] Shares (₹[_]/-)
Listing at Group(s)
Lead Manager
Register
Retail Portion-%

To know more about IPOs.

Valuations of Ola Electric IPO

Earnings Per Share (EPS)₹-/-
P/E RatioN/A
RoNWN/A%
Net Asset Value (NAV) -as on 31.03.23₹N/A

Ola Electric Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves & SurplusTotal Borrowing
31 Mar 202357111.162782
31 Mar 202253958.631380
31 Mar 20212429.42547*
All Price in ₹ Crores

Promoter(s)

Pre Issue Share Holding-%
Post Issue Share Holding-%

Company Promotor(s):-

  1. Bhavish Aggarwal (Ola Electric founder)

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Key Performance Indicator

KPIValues
P/E (x)[_]
ROE%
ROCE%
Debt/ Equity[_]
EPS (Rs)[_]
RoNW%

Issue Objective(s)

Ola Electric IPO Registrar

NameLink Intime India Private Ltd
Phone+91-22-4918 6270
Email
Websitehttps://linkintime.co.in/mipo/ipoallotment.html

Ola Electric IPO Review

Update Soon

Conclusion

Update Soon

Ola Electric IPO FAQs

When Ola Electric IPO is coming?

IPO dates are not announced. Please check back again after some time.

What is the lot size of Ola Electric IPO?

IPO lot size and the minimum order quantity is not available at this time. Please check again later.

When Ola Electric IPO Allotment?

IPO dates are not announced. Please check back again after some time.

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