The ₹6,145-crore public issue of Ola Electric was fully subscribed on the second day of the offer, with strong participation from retail and employee categories.
According to BSE data, the initial share sale of Bhavish Aggarwal-led Ola Electric received bids for about 494 million shares against 465 million shares on offer. The portion reserved for employees saw the highest subscri…
Read moreShares of Bhavish Aggarwal-led Ola Electric Mobility made a disappointing debut, listing at the issue price of Rs 76. However, within minutes of trading opening at 10 am, the stock surged by 15%, reaching a high of Rs 87.43 on the NSE. It is currently trading up by 19.07% at Rs 90.49.
The IPO, which garnered significant attention and was valued at Rs 6,146 crore, closed on August 6 …
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