Ola Electric Mobility Limited closes qualified institutions placement raising funds
Ola Electric Mobility · Automobiles
Key highlights
- Issue closed on June 4, 2026, with applications and funds received from eligible QIBs
- Allocated 217,578,428 equity shares at ₹35.86 each, including a ₹25.86 premium and 4.98% discount to floor price
- Placement document dated June 4, 2026, approved and filed with stock exchanges and made available on company's website
Why it's rated notable: The Fund Raising Committee approved allocation of 217,578,428 shares at ₹35.86 and closure of the QIP, and the filing states no rupee total, so the fundraise is sized by the share count and price, which the system places at medium.
Original filing
Announcement Under Regulation 30 (LODR)-Qualified Institutional Placement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Ola Electric Mobility
- Fundraise / allotmentNotableOla Electric approves allotment of 37,02,72,665 partly paid shares in rights issue
- Fundraise / allotmentNotableOla Electric Rights Issue of up to ₹1,000 crore closes on October 30, 2026
- OtherNotableOla Electric Mobility files Letter of Offer for ₹999.74 crore rights issue
- 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
- IIFL Finance Limited announces preferential issue of shares and amendments on Nov 10, 2026
- IIFL Finance to raise ₹6,414 crore in primary equity infusion led by Blackstone
- Bajaj Finserv subscribes to 5,74,25,740 Bajaj Finance warrants at ₹1,010 each
- 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
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.