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 bidding day, with the retail investor portion booked 2.87 times.
Why this matters
The IPO subscription milestone resurfaces as Ola Electric revisits its February 2025 distribution network redesign and pursues profitability improvements.
Retail-company signals are accelerating, up 981100% QoQ.
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