Ola Electric Mobility IPO (OLA Electric IPO) GMP

 
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OLA Electric IPO GMP

IPO Open Date: 2, August, 2024

IPO Close Date: 6, August, 2024

IPO Price: ₹72 to ₹76 per share

Lot Size: 195 Shares

Listing: August 9, 2024

OLA Electric– Are you looking for OLA Electric IPO GMP / Grey Market Premium and Kostak rate? You are at the right place, here you will get the latest OLA Electric IPO GMP live.

The public issue of OLA Electric will open on August 02, 2024 and remain open until August 06, 2024 for bidding. It has set the price band at approximately ₹72 to ₹76 per equity share and expects to raise ₹6,145.56 crore.

Ahead of OLA Electric opening date, grey market indicators are pointing to positive developments.

OLA Electric IPO GMP

OLA Electric Grey Market Premium (GMP) is currently at ₹-3 , indicating the demand for the company's shares in the unofficial market.

OLA Electric IPO price band

The price band for OLA Electric initial public offering (IPO) has been set at ₹72 to ₹76 per equity share, offering potential investors a range within which they can place their bids.

OLA Electric IPO date

Starting from August 02, 2024, the IPO will be open for bidders to participate, and it will remain open until August 06, 2024, providing a limited window for interested parties to take part in the offering.

OLA Electric IPO size

With an ambitious goal of raising ₹6,145.56 Crores, OLA Electric is poised to make a significant impact in the financial markets through its IPO.

OLA Electric IPO lot size

Investors can apply for the IPO in lots, with each lot comprising 195 shares, allowing them to tailor their investment based on their financial capacity and strategic objectives.

OLA Electric IPO application limit

The application limit for the IPO is set at a minimum of 1 lot for bidders, while retail investors have the opportunity to apply for up to 13 lots, offering flexibility in participation.

OLA Electric allotment date

The tentative schedule for the allotment of OLA Electric IPO shares is August 07, 2024, providing a timeline for successful bidders to receive their allocated shares.

OLA Electric IPO listing

OLA Electric aims to list its shares on August 09, 2024, subject to market conditions, with plans to list on both the BSE and NSE, signaling a significant milestone for the company.

OLA Electric IPO registrar

Link Intime India Private Ltd has been entrusted with the crucial role of serving as the registrar for OLA Electric, ensuring a smooth and efficient process for all stakeholders involved.

Investors and market analysts are closely monitoring the developments surrounding OLA Electric IPO, as it presents an opportunity to gauge the market's response to the company's offering. The subscription data and final oversubscription figures will provide valuable insights into the demand for AIK Pipes And Polymers's shares and the overall investor sentiment.

OLA Electric IPO is generating considerable interest due to the company's strong presence in the engineering and design services sector, as well as its diverse client base spanning various industries. Additionally, the IPO's performance will be indicative of investor confidence in the broader economic outlook and the attractiveness of the Indian capital markets.

As the IPO progresses through its various stages, prospective investors will closely analyze factors such as the company's financial performance, growth prospects, and competitive positioning to make informed decisions about participating in the offering. This heightened interest is expected to contribute to robust trading activity following the listing of OLA Electric shares.

The successful execution of OLA Electric IPO is anticipated to further bolster the company's financial position and provide funds for strategic initiatives, expansion plans, and potential acquisitions. Moreover, it will offer an opportunity for retail investors, institutional investors, and other market participants to gain exposure to a prominent player in the engineering and design services sector.

Overall, OLA Electric IPO is poised to make a significant impact on the Indian markets, and its outcome will be closely observed as a barometer of investor confidence and market dynamics.

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Article By: Ishika Agarwal
435 Posts 115.8K Total Views

An accomplished IPO analyst, providing valuable insights and expert commentary on the latest upcoming IPOs. With a keen interest in uncovering meaningful information, I offer comprehensive coverage of the most promising IPOs in the market.

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