Ola Electric IPO allotment – How to check allotment, IPO GMP, listing date and more

• Ola Electric is expected to announce its IPO share allotment status on Wednesday, August 7.
• The shares of Ola Electric were subscribed 4.26 times.
• The Ola Electric shares are expected to be listed on the stock exchanges on August 9.

Bengaluru-based Ola Electric, an electric two-wheeler maker is expected to announce the allotment status of its initial public offering (IPO) on Wednesday, August 7.

The Ola Electric IPO opened on August 2 and closed on August 6. The price band for the Ola Electric IPO was ₹72 to ₹76 per share.

Ola Electric IPO subscription status

On its last day, the Ola Electric IPO was subscribed 4.26 times, receiving bids for 198.16 crore equity shares against 46.52 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 5.31 times, the non-institutional investor's portion was subscribed 2.39 times. The retail portion was subscribed 3.86 times. The employee portion was subscribed 11.66 times.

Ola Electric IPO Grey market premium

The shares of Ola Electric are currently not commanding a grey market premium (GMP). GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check the Ola Electric IPO’s allotment status

You can check the Ola Electric IPO allotment status on the registrar’s website.

• To check the Ola Electric IPO allotment status, visit the registrar’s website here.
• Click on ‘Select Company’ and then select ‘Ola Electric’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Click on submit.

You will be able to see your Ola Electric IPO application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Ola Electric IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘Ola Electric’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of Ola Electric shares allotted to you.

You can click here and log in to check your Ola Electric IPO allotment status on NSE.

Ola Electric IPO listing date

The shares of Ola Electric will be listed on the stock exchanges on August 9.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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