First post-listing equity raise lands at Rs 35.86/share, below floor, but books were 1.56x covered. Goldman Sachs, BNP Climate Fund and four marquee Indian MFs anchor the round. Proceeds fund debt paydown and growth as Q4 loss narrows to Rs 500 Cr — though revenue halved YoY to Rs 265 Cr.

YourStory · 6/4/2026, 7:58:15 PM

Ola Electric priced its QIP at Rs 35.86 per share, allotting 21.8 crore shares to institutional investors including Mirae Asset, Motilal Oswal and JM Financial. Proceeds will shore up the balance sheet and fund manufacturing scale-up to 6 GWh by FY27, against a Q4 net loss of Rs 500 crore on Rs 265 crore revenue.

NDTV Profit · 6/4/2026, 5:12:24 PM

Ola Electric raised ₹780 crore via QIP, oversubscribing its ₹500 crore target. Goldman Sachs, BNP Climate Fund and four domestic MFs took 217.6 million shares at ₹35.86 — a 4.98% discount to floor. Cash arrives as Q4 revenue fell 56.6% YoY to ₹265 crore and net loss narrowed to ₹500 crore.

Business Standard · Companies · 6/4/2026, 5:03:11 PM

Ola Electric Mobility wrapped a ₹780 crore QIP, oversubscribed 56%, allotting 21.76 crore shares at ₹35.86 — a 4.98% discount to the ₹37.74 floor. Goldman Sachs, BNP Climate Fund and Motilal Oswal, Mirae, Kotak, JM and Baroda BNP Paribas mutual funds anchored the book. Stock closed ₹43.29, down 1.25%.

CNBC-TV18 · Companies · 6/4/2026, 4:05:49 PM

EV two-wheeler maker raised Rs 780 Cr via QIP against Rs 500 Cr target, allotting 21.76 Cr shares at Rs 35.86 to Goldman Sachs, BNP Climate Fund, and four domestic MFs. Capital infusion lands as May 2026 market share recovers to 8.88% and 15,139 units, despite Q4 FY26 revenue falling 56% YoY to Rs 265 Cr with Rs 500 Cr loss.

Entrackr · Newsletter · 6/4/2026, 3:43:35 PM

Ola Electric allotted 21.75 Cr shares at ₹35.86 apiece, raising ₹780.2 Cr against a ₹1,500 Cr board mandate. The 5% discount to the ₹37.74 floor signals tepid institutional appetite as E2W competition from TVS, Bajaj and Ather erodes its share, with proceeds aimed at shoring up the balance sheet.

Inc42 · 6/4/2026, 2:43:16 PM

Bengaluru-based gold retailer-refiner Rajesh Exports — a 2022 awardee under the Rs 18,100 cr PLI battery scheme for 50 GWh capacity — has been barred from securities markets alongside its promoter-CEO. SEBI alleges revenue misrepresentation of Rs 15.15 lakh cr; shares hit the 5% lower circuit at Rs 103.92.

Business Today · Latest · 6/4/2026, 10:58:25 AM

Ola Electric launched its QIP on June 1 at a ₹37.74 floor price even as shares slipped 1.4% to ₹38.96. May 2026 registrations hit 15,139 units, up 23% MoM — roughly triple the EV two-wheeler industry's ~15% growth — aided by retail network restructuring. Stock remains 27.4% below its 52-week high.

The Hindu BusinessLine · 6/2/2026, 5:06:21 AM

Ola Electric shares fell up to 1.8% to ₹38.82 after the EV two-wheeler maker opened its QIP at a floor price of ₹37.74, with scope for an additional 5% discount. The dilutive raise marks a fresh funding phase for the loss-making company as it works to defend market share against Bajaj and TVS.

Mint · Markets · 6/2/2026, 4:01:06 AM

Indian Hotels Company opens the 126-key Taj Hessischer Hof in Frankfurt, marking the Taj brand's first property in Continental Europe. The move extends IHCL's overseas footprint beyond London and signals intent to court Indian outbound travellers and global luxury demand from a German financial hub base.

The Hindu BusinessLine · 6/2/2026, 2:39:16 AM

Ola Electric opens a ₹1,500 Cr QIP at a ₹37.74 floor price even as its market share slips to 9% (15,139 units) in a recovering E2W market that grew 8.4% MoM and 69% YoY to 1.70 lakh units in May. Parallel signals: Anveshan's ₹150 Cr Series B, CARS24's ₹190 Cr AI Labs bet, and Scripbox's MFD acquisition.

Inc42 · Buzz · 6/2/2026, 2:31:51 AM

Cantabil Retail expanded its physical footprint to 662 outlets after opening four new showrooms, extending its value-apparel network as peers consolidate. The update came alongside broader retail moves including VIP's Travel VIP launch and Emami's IncNut stake hike to 59.69%.

NDTV Profit · 6/2/2026, 1:38:06 AM

Ola Electric launched its maiden post-IPO QIP at a Rs 37.74 floor (4.53% discount) to raise Rs 1,500 crore, with proceeds earmarked to repay parent and subsidiary borrowings. The balance-sheet repair comes against an FY26 net loss of Rs 1,833 crore on Rs 2,460 crore revenue, 38.5% gross margin, and 8.88% two-wheeler EV share.

Financial Express · BrandWagon · 6/1/2026, 10:45:30 PM

E2W maker launches qualified institutional placement at a 4.53% discount to ₹39.53 close to repay borrowings. FY26 losses narrow to ₹1,833 Cr from ₹2,276 Cr, but revenue halves to ₹2,460 Cr from ₹4,932 Cr. Gross margin holds at 38.5%; Q4 OCF turns positive at ₹91 Cr.

Inc42 · Buzz · 6/1/2026, 3:08:02 PM

Ola Electric opened a qualified institutional placement at a ₹37.74/share floor with up to 5% discount, seeking fresh capital amid share losses to Bajaj and TVS. Management flagged Q1FY27 registrations of 22,600 already topping Q4FY26's 22,221 units, with 40,000-45,000 orders and ₹500-550 cr revenue guided.

Mint · Markets · 6/1/2026, 2:31:44 PM

Ola Electric launched a QIP on June 1 with floor price Rs 37.74 and indicative Rs 35.86 (9.3% discount to Rs 39.53 close), pricing June 4, allotment June 8 with 60-day lockup. Q4FY26 revenue fell 56% YoY to Rs 265 cr but the company turned operating cash flow positive for the first time. Guides Q1FY27 revenue Rs 500-550 cr on 40-45k orders.

NDTV Profit · 6/1/2026, 2:29:50 PM

Ola Electric opened its QIP on June 1 with a floor price of ₹37.74/share (up to 5% discount possible), trading just below at ₹39.53. May retail volumes rebounded to a seven-month high of 15,139 units (+23% MoM, -20% YoY), supporting Q1FY27 guidance of 40,000-45,000 units.

CNBC-TV18 · Companies · 6/1/2026, 1:19:01 PM

May E2W registrations hit 1.70 Lakh units, up 8.4% MoM and 69% YoY. Legacy OEMs led the pack with TVS at 42,376 units, Bajaj at 39,104 and Hero at 19,044. Ola Electric rebounded 22% to 15,139 units (9% share) while Ather stalled at 28,190 units (-0.9%, 16.5% share). Smaller players slipped double digits.

Inc42 · 6/1/2026, 11:07:02 AM

India's electric two-wheeler market clocked 1.70 lakh units in May, up 8.4% MoM and 69% YoY. TVS Motor led with 42,376 units, followed by Bajaj at 39,104 and Hero at 19,044. Ola Electric rebounded 22% to 15,139 units but market share slipped to ~9%, while Ather held flat at 28,190 units with 16.5% share.

Inc42 · Buzz · 6/1/2026, 11:06:08 AM

Ola Electric clocked 15,139 registrations in May 2025, up from 12,323 in April, marking a third straight month of recovery. Growth outpaced the broader 2W EV industry's 15% MoM uptick, aided by retail network rejig, Roadster portfolio traction, and rising petrol prices accelerating EV adoption.

Business Standard · Companies · 6/1/2026, 7:46:23 AM

Ola Electric registered 15,139 units in May versus 12,323 in April, a 23% sequential jump that beat the electric two-wheeler industry's 15% MoM growth. Third straight month of recovery, aided by retail network rejig, Roadster traction, and petrol price hikes nudging buyers toward EVs.

ET Small Business · 6/1/2026, 7:32:01 AM

Ola Electric shares hit Rs 40.45 after a 60% three-month rally, powered by VAHAN data showing May 2026 registrations of 15,139 units versus 12,323 in April. The EV maker outpaced an industry that booked ~170,000 units, while pushing into prismatic LFP cells for its Mahashakti grid storage line. Analysts flag Rs 42-43 as the next resistance.

Business Today · Latest · 6/1/2026, 7:26:38 AM

Indian automakers begin releasing May 2026 sales data June 1. Bajaj Auto opens the print with a 20% YoY jump in dispatches. Focus shifts to Maruti Suzuki, Tata Motors, Mahindra, Eicher and Hyundai, alongside EV cohort Ola Electric, Ather and TVS, with share-price reaction in play.

NDTV Profit · 6/1/2026, 3:33:39 AM

India's electric two-wheeler market grew 8% MoM to 1.70 lakh registrations in May 2026. Ola Electric led growth at +23% to 15,139 units (8.88% share), while Bajaj's 39,104 units (22.94%) narrowed the gap with leader TVS at 42,376 units (24.9%). Ather and Hero held third and fourth positions.

Entrackr · Newsletter · 6/1/2026, 3:32:58 AM

Bengaluru EV scooter maker Simple Energy closed a ₹250 cr Series B (equity + ₹123 cr NBFC debt) to scale capacity from 3,000 to 10,000 units/month by March 2027. It runs 71 outlets across 38 cities and is eyeing an H2 FY28 listing as it chases a 4x revenue jump to ₹170 cr.

Business Standard · Companies · 6/1/2026, 12:40:23 AM

Electric scooter registrations recovered to ~150,796 units in May after April's 22% MoM drop, though still below March's 192,000 peak. TVS (41,558) and Bajaj (38,012) overtook Ather (27,525), Hero (18,261) and Ola (14,752). Ola is pivoting to B2B, targeting gig riders for Zomato, Swiggy, Zepto and Blinkit.

ET Small Business · 5/31/2026, 7:44:31 PM

India's electric two-wheeler registrations hit 1.64 lakh units in May 2026, up 58% YoY and 18% MoM, as fuel supply anxiety post West Asia conflict pulled buyers in. TVS leads with 25% share (41,489 units), Bajaj at 23%, Ather doubled to 17%, while Ola Electric's share halved to 9%.

The Hindu BusinessLine · 5/31/2026, 3:58:13 PM

India's electric two-wheeler registrations surged 58% YoY and 18% MoM to 1.64 lakh units in May 2026, with fuel supply anxiety post West Asia war boosting demand. TVS led at 25% share (41,489 units), followed by Bajaj (23%) and Ather (17%), which doubled volumes. Ola Electric's share nearly halved to 9%.

The Hindu BusinessLine · 5/31/2026, 9:58:32 AM

India's electric two-wheeler registrations surged 58% YoY and 18% MoM to 1.64 lakh units in May 2026, with analysts citing fuel-supply anxiety post West Asia conflict. TVS Motor leads at 25% share (41,489 units), Bajaj follows at 23%, while Ather doubled volumes (96% YoY) to 17%. Ola Electric's share halved to 9%.

BL · Consumer & Economy · 5/31/2026, 9:58:04 AM

Ola Electric shares jumped over 9% to ₹42.84 as Q4 FY26 losses narrowed to ₹500 Cr and the company guided Q1 FY27 orders of 40,000-45,000 units with revenue of ₹500-550 Cr. ARAI approval for a commercial e-scooter targeting food delivery and quick commerce fleets adds a new B2B revenue lever.

Inc42 · 5/29/2026, 8:22:12 AM