Ola Electric IPO fully subscribed on Day 2; retail portion booked 2.87x
Ola Electric’s IPO was fully subscribed on the second day of bidding, with the retail investor category subscribed 2.87 times, signalling strong early demand from individual investors.
Ola Electric’s IPO was fully subscribed on the second day of bidding, with the retail investor portion subscribed 2.87 times.
Why this matters
The Day 2 result matches related signals reporting that Ola Electric’s IPO was fully subscribed and its retail tranche was booked 2.87x, including a resurfaced August 2024 account of the same milestone.
Retail-company signals are accelerating, up 385633% QoQ.