Ola Electric IPO fully subscribed on Day 2; retail portion booked 2.87x
Ola Electric’s IPO was fully subscribed on its second day of bidding, with the retail investor category subscribed 2.87 times during the current offer period.
Ola Electric’s IPO was fully subscribed on its second day, with the retail investor portion subscribed 2.87 times.
Why this matters
The August 2024 IPO milestone appears alongside Ola Electric’s February distribution-network redesign signals, which focus on sharpening profitability.
Retail-company signals are accelerating, up 201314% QoQ.