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, signalling strong individual investor demand for the EV maker’s public-market debut.
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 follows recent signals that Ola Electric redesigned its distribution network to sharpen profitability, a move first reported in February 2025 and resurfaced in subsequent coverage.
Retail-company signals are accelerating, up 1,083,500% QoQ.