Ola Electric Mobility Limited IPO Date, Price, Review and Details
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Ola Electric Mobility Limited IPO
Ola Electric
Mobility Limited IPO was engaged in are an electric vehicle company in India,
developing their own technology and manufacturing facilities for EVs and their
parts, including batteries. They make electric vehicles and key components like
battery packs, motors, and vehicle frames at the Ola Futurefactory. Their goal
is to take advantage of the growing demand for electric mobility in India and
to explore exporting their EVs to select international markets in the future.
Company Promoters
- Bhavish Aggarwal
Objects of this Issue:
- Capital expenditure to be
incurred by its Subsidiary, OCT for expansion of the capacity of its cell manufacturing
plant
- Repayment or pre-payment, in
full or part, of the indebtedness incurred by its Subsidiary.
- Investment into research and
product development.
- Expenditure to be incurred for
organic growth initiatives.
- General corporate purposes
Financial Information of the Company:
Amount in Million (Rs.)
As on 31 Mar 2024
As on 31 Mar 2023
As on 31 Mar 2022
Total Assets
77,354.09
55,731.69
53,958.63
Total Liabilities
57,160.70
32,167.25
17,344.11
Net Profit
-1,472.08
-784.15
-199.23
Amount in Million (Rs.)
As on 31 Mar 2024
As on 31 Mar 2023
As on 31 Mar 2022
Total Assets
77,354.09
55,731.69
53,958.63
Total Liabilities
57,160.70
32,167.25
17,344.11
Net Profit
-1,472.08
-784.15
-199.23
Ola Electric Mobility Limited IPO Schedule
1.
Bid or Offer Opens on: 02 August 2024
Ola Electric Mobility Limited IPO Lot Size
The
market lot size of the OLA ELECTRIC MOBILITY LIMITED IPO is 1 share. Minimum
and Maximum order quantity is as follows:
Application | Lots | Shares | Amount | |
Retail | Minimum | 1 | 195 | ₹14,820 |
Maximum | 13 | 2535 | ₹192,660 | |
S-HNI | Minimum | 14 | 2,730 | ₹207,480 |
S-HNI | Maximum | 67 | 13,065 | ₹992,940 |
B-HNI | Minimum | 68 | 13,260 | ₹1,007,760 |
Company Contact Details:
Ola Electric Mobility Limited IPO
Regent
Insignia, #414 3rd Floor, 4th Block, 17th Main
100 Feet Road,
Koramangala Bengaluru 560 034
Karnataka,
India
Phone: +91 80 3544 0050
Email: ipo@olaelectric.com
Website: www.olaelectric.com
Ola Electric Mobility Limited IPO Registrar Details:
Link Intime India Private Limited
C-101, 1st Floor, 247 ParkLal Bahadur Shastri Marg,
Vikhroli (West) Mumbai 400 083 Maharashtra
Phone: 91 810 811 4949
Email: olaelectric.ipo@linkintime.co.in
Website: www.linkintime.co.in
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