Ola Electric completes QIP allotment of 217,578,428 shares for ₹780.24 crore
Ola Electric Mobility · Automobiles
Key highlights
- The Fund Raising Committee approved allotment of 217,578,428 equity shares on June 4, 2026, at ₹35.86 per share including a ₹25.86 premium.
- The QIP aggregated up to ₹780.24 crore; paid-up capital rose from ₹44,108,298,850 (4,410,829,885 shares) to ₹46,284,083,130 (4,628,408,313 shares).
- Mirae Asset Large & Midcap Fund (9.61%) and Motilal Oswal Small Cap Fund (5.13%) are among allottees above 5% of the issue size.
Why it's rated notable: amount is ₹500 crore or more
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Allotment
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Ola Electric Mobility
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- Fundraise / allotmentNotableOla Electric Rights Issue of up to ₹1,000 crore closes on October 30, 2026
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- Fundraise / allotmentNotableOla Electric board sets terms of partly paid-up rights issue up to ₹1,000 crores
- Fundraise / allotmentNotableOla Electric board approves rights issue of up to ₹1,000 crore at ₹27 per share
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Automobiles
on management's own guidance
- M & MGood growth2
- Strong growth1
- Bajaj AutoGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.