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 during the current issue window.
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
IPO demand follows Ola Electric’s February distribution network redesign, which resurfaced in recent signals as the company sharpens its profitability push.
Retail-company signals are accelerating, up 388100% QoQ.
Also reported by
- Inc42 · Quick Commerce — 4h after first sighting