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 quota subscribed 2.87 times.
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 IPO demand update follows Ola Electric’s recent distribution network redesign, which has kept profitability in focus across multiple recent signals.
Retail-company signals are accelerating, up 968900% QoQ.