Ola Electric IPO fully subscribed on Day 2; retail tranche booked 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, with the retail investor portion booked 2.87 times.
Why this matters
The IPO subscription milestone resurfaces as Ola Electric’s recent signals focus on redesigning its distribution network and sharpening profitability.
Retail-company signals are accelerating, up 309150% QoQ.