The Ola Electric IPO minimum market lot is 195 shares with ₹14,820 application amount. The Ola Electric IPO is a Mainline IPO, and it is to be listed on BSE & NSE.
Ola Electric is a pure EV player in India and are building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. They manufacture EVs and certain core EV components like battery packs, motors and vehicle frames at the Ola Future factory. Their business focuses on capturing the opportunity arising out of electrification of mobility in India and they also seek opportunities to export our EVs in select international markets in the future.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Ola Electric IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 3.17 | 0.42 | 5.53 |
| NII | 2.11 | 1.16 | 2.51 |
| bNII | 2.31 | 1.17 | 2.75 |
| sNII | 1.73 | 1.15 | 2.03 |
| RII | 3.78 | 3.04 | 4.05 |
| Total | 3.01 | 1.12 | 4.45 |
Ola Electric IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Ola Electric IPO Review
- May Apply
Ola Electric IPO Form
How to apply for the Ola Electric IPO? You can apply for Ola Electric IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ola Electric IPO in the Invest section. The other option is you can apply for Ola Electric IPO via IPO forms downloaded online. Check out the Ola Electric forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
