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Visit the Ola Electric IPO GMP, also known as the IPO Grey Market Premium, Kostak, and Subject to Sauda rates now available. GMP for Ola Electric’s IPO began. Keep checking back for the most recent Ola Electric (OLA Cabs) IPO GMP figures.
August 2 is the date of the Ola Electric IPO. The goal of Ola Electric’s Mainline IPO is to raise ₹6145.56 crores. With a market lot of 195 shares, the Ola Electric (OLA Cabs) IPO pricing range is set at ₹72 to ₹76. As a leading player in the EV market in India, Ola Electric is developing vertically integrated production and technological capabilities for EVs and its component parts, such as cells. At the Ola Future plant, they make EVs and several essential EV parts like motors, battery packs, and vehicle frames. Their business is focused on seizing the potential presented by India’s electrification of transportation. They also look for future prospects to export our EVs to specific foreign markets.
FAQs
What is Ola Electric IPO GMP Today?
The Ola Electric IPO GMP aka Grey Market Premium is ₹15.
What is Ola Electric IPO Kostak Rates Today?
The Ola Electric IPO Kostak Rate is ₹400.
What is Ola Electric IPO Subject to Sauda Price Today?
The Ola Electric IPO subject to sauda rates is ₹2000.
Ola Electric IPO Expected Returns?
The Ola Electric expected return is 20%.
Ola Electric IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | Kostak | Subject to |
| Today | ₹15 | ₹400 | ₹2000 |
| 02 Aug | ₹15 | ₹400 | ₹2000 |
| 01 Aug | ₹15 | ₹- | ₹2000 |
| 31 July | ₹15 | ₹- | ₹2000 |
| 30 July | ₹15 | ₹- | ₹2000 |
| 29 July | ₹15 | ₹- | ₹- |
| 27 July | ₹25 | ₹- | ₹1200 |
Ola Electric IPO GMP aka Grey Market Premium FAQs:
What is Ola Electric IPO GMP Today?
Ola Electric IPO GMP is ₹15 as of today.
What is Ola Electric IPO Kostak Rate Today?
Ola Electric IPO Kostak Rate is ₹400 as of today.
What is Ola Electric IPO Subject to Sauda Today?
Ola Electric IPO Subject to Sauda is ₹2000 as of today.
What is Ola Electric IPO Expected Returns?
Ola Electric IPO Expected Returns is 20%.
Through its initial offering, the company hopes to generate ₹6,145.56 crore, of which ₹5,500 crore will go toward issuing new shares. Amounts earmarked under the Offer for Sale (OFS) route total ₹645.56 crore. But on the first day of bidding, Ola Electric Mobility’s share premium has dropped. Stock market watchers claim that Ola Electric’s share price is currently ₹9 premium in the grey market.
Ola Electric IPO subscription status
After day one of bidding, the public issue was booked 0.35 times, the retail portion of the book build issue was subscribed 1.57 times, and the NII portion was filled 0.20 times.
Read More – DTL IPO
Ola Electric IPO review
Giving the public issue a “subscribe” tag, the BP Equities report states, “We have a positive view for the company from a medium to long term perspective on account of the positive EV market outlook, favourable regulatory environment, a large quantum of fresh issue in the IPO, announcement of new models along with the upcoming cell manufacturing unit (Gigafactory).” For this reason, we suggest giving the issue a SUBSCRIBE rating.”
“At the upper price band, the company is valuing at Marketcap/Sales of 6.6x with a market cap of ₹335,220 million post issue of equity shares,” stated Anand Rathi, who has also assigned the public issue the “subscribe” tag. Leading international automakers currently trade at 1–8 times market capitalization/sales. Consequently, we think the business is richly
