Ola Electric IPO fully subscribed on Day 2; retail tranche booked 2.87x
Ola Electric’s public issue was fully subscribed on the second day of bidding, with the retail investor portion receiving 2.87 times the shares on offer.
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
Ola Electric’s Day 2 IPO subscription update follows its distribution-network redesign to sharpen profitability; another recent signal revisited the August 2024 Day 2 retail booking.
Retail-company signals are accelerating, up 390767% QoQ.
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