Ola Electric Mobility IPO
EV Two-Wheelers - Listed on 09 August 2024
Ola Electric Mobility IPO listing summary
Ola Electric Mobility (EV Two-Wheelers) closed its IPO window in 2024 and listed on NSE and BSE on 09 August 2024 at an upper band issue price of Rs 76, opening at Rs 76 for a listing gain of 0.0% and closing day one at Rs 91.2 (+20.0% on closing basis). The IPO was subscribed 4.26x overall - QIB 5.31x, HNI/NII 2.39x, Retail 3.86x. The total issue size was Rs 6,145.56 Cr (Fresh Issue Rs 5500 Cr, OFS Rs 645.56 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Ola Electric Mobility IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 15 | +6.58% |
| Day 2 | Rs 16 | +11.84% |
| Day 3 | Rs 15 | +14.47% |
| Day 4 | Rs 11 | +19.74% |
| Day 5 | Rs 5 | +19.74% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Ola Electric Mobility IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Ola Electric Mobility IPO - FAQs
What was the listing gain of Ola Electric Mobility IPO?
Ola Electric Mobility IPO listed at 0.0% versus the upper issue price of Rs 76 on 09 August 2024.
How many times was Ola Electric Mobility IPO subscribed?
Ola Electric Mobility IPO was subscribed 4.26x overall. QIB portion was subscribed 5.31x, HNI / NII 2.39x and Retail 3.86x.
What was the IPO GMP for Ola Electric Mobility?
IPO GMP started at Rs 15 on Day 1 and moved to Rs 5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.