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 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

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

Structural premiumisation reshaping Indian retail: food's wallet share fell to 46% rural and 39% urban, while premium smartphones above Rs 30,000 grew at 5.9% CAGR vs mass-market's -1.2%. Top-decile urban incomes compounded ~18% vs ~6% for urban mass, fuelling autos, jewellery, OTT and quick commerce.

BL · Consumer & Economy · 5/25/2026, 5:14:38 AM

Kotak MF report flags a sharp K-shaped split in Indian consumption. Food wallet share dropped to 46% rural and 39% urban, while premium smartphones grew 5.9% CAGR vs -1.2% for mass. Urban wealthy incomes compounding 18% vs 6% for mass households (FY20-25). Apple India FY26 revenue projected at twice HUL's.

The Hindu BusinessLine · 5/25/2026, 5:13:54 AM