Ola Electric Mobility Limited
02 Aug 2024 – 06 Aug 2024
LISTED
Offer Price
₹72–76
Bid lot
195
Min Application
₹14,820
Issue Size
₹6,146 Cr
Key dates
Open date
02 Aug 2024
Done
Close date
06 Aug 2024
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
09 Aug 2024
Today
Issue reservation
₹6,146 CrQIB 50%Retail 35%5%
QIB
40.43 Cr sh · ₹3073.00 Cr
Retail
28.30 Cr sh · ₹2151.10 Cr
Employee
4.04 Cr sh · ₹307.30 Cr
BRLM: Kotak Mahindra Capital Company Limited · Citigroup Global Markets India Private Limited · BofA Securities India Limited · Goldman Sachs (India) Securities Private Limited · Axis Capital Limited · ICICI Securities Limited · SBI Capital Markets Limited · BOB Capital Markets Limited
Lot ladder — how much to bid
1 lot = 195 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
195 sh · ₹14,820
Max · 13 lots
2,535 sh · ₹1,92,660
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
2,730 sh · ₹2,07,480
Max · 67 lots
13,065 sh · ₹9,92,940
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
13,260 sh · ₹10,07,760
Entry point
₹10,07,760 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, BofA Securities India Limited, Goldman Sachs (India) Securities Private Limited, Axis Capital Limited, ICICI Securities Limited, SBI Capital Markets Limited, BOB Capital Markets Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
5.14×
0×1×2×3×+
Oversubscribed
Book₹5,531 Cr
Subscribed₹28,434 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 40,43,42,106₹3,073 Cr | 2,14,70,56,580₹16,318 Cr | 5.31× |
| HNI | 12,13,02,632₹921.90 Cr | 29,11,26,316₹2,213 Cr | 2.40× |
| Retail | 28,30,39,474₹2,151 Cr | 1,10,95,14,737₹8,432 Cr | 3.92× |
| Employee | 4,04,34,211₹307.30 Cr | 48,48,06,184₹3,685 Cr | 11.99× |
| Total | 72,78,15,791₹5,531 Cr | 3,74,13,77,501₹28,434 Cr | 5.14× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 16,317.63 |
| HNI | 2,212.56 |
| Retail | 8,432.31 |
| Employee | 3,684.53 |
| Total | 28,434.47 |
Amounts at the upper band (₹76). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Ola Electric Mobility Limited IPO?
One lot of 195 shares — ₹14,820 at the upper price band of ₹76.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2024-08-09 on NSE.