Ola Electric IPO fully subscribed by Day 2; retail book at 2.87x
Ola Electric’s IPO was fully subscribed on the second day of bidding, with the retail investor portion subscribed 2.87 times.
Ola Electric’s IPO was fully subscribed on the second day of bidding. The retail investor portion was subscribed 2.87 times.
Why this matters
IPO demand follows Ola Electric's distribution network redesign focused on profitability, a move revisited in two recent signals.
Retail-company signals are accelerating, up 1,034,800% QoQ.