Ola Electric Mobility Limited IPO

BSE, NSEClosed

Check Allotment

Aug 2, 2024Open Date

Aug 6, 2024Close Date

TBAAllotment Date

Aug 9, 2024Listing Date

Subscription Details

View Subscription Details

Retail3.85x

QIB5.31x

NIIs (Non-Institutional Investors)Main Category

2.39x

↳ NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

2.62x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

1.93x

Overall Subscription

Total Bids Received

4.26x

Updated: 10 Jul, 06:09 pm

Ola Electric Mobility Limited IPO Issue Details

Issue Price₹72-76 Per Equity Share

Face Value₹10 Per Equity Share

Fresh Share72,36,84,210 shares(aggregating up to ₹5500 crore)

Listing AtBSE, NSE

Listing DateAug 9, 2024

RegistrarLink Intime India Private Ltd

Market Lot Details

Category	Lots	Shares	Amount
sHNI (Min)	14	2,730	₹2,07,480
sHNI (Max)	67	13,065	₹9,92,940
bHNI (Min)	68	13,260	₹10,07,760

Reservation Details

Category	Shares Offered	%
NII	12,11,85,387	14.99%
QIB	24,23,70,750	29.97%
Anchor	36,35,56,135	44.96%

Valuations

EPS (Pre-IPO)

-4.3

EPS (Post-IPO)

-3.59

P/E (Pre-IPO)

-17.69

P/E (Post-IPO)

-21.16

RoNW

-78.46%

P/B Value

13.72

Financial Information (₹ in Crores)

Metric	FY 24	FY 23	FY 22
Total Assets	7735.41	5573.17	5395.86
Total Revenue	5243.27	2782.7	456.26
Profit After Tax	1584.4	1472.08	784.15
Net Worth	2019.34	2356.44	3661.45

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

1Capital expenditure to be incurred by its Subsidiary, OCT for expansion of the capacity of its cell manufacturing plant from 5GWh to 6.4 GWh, classified as phase 2 under the expansion plan(the Project)
2Repayment or pre-payment, in full or part, of the indebtedness incurred by its Subsidiary, OET
3Investment into research and product development
4Expenditure to be incurred for organic growth initiatives
5General corporate purposes