Ola Electric IPO fully subscribed on Day 2; retail tranche booked 2.87x
Ola Electric’s IPO was fully subscribed on its second day of bidding, with the retail investor portion subscribed 2.87 times, signalling strong early demand for the electric two-wheeler company’s public issue.
Ola Electric’s IPO was fully subscribed on its second day, with the retail investor portion subscribed 2.87 times.
Why this matters
The IPO demand follows Ola Electric’s recent distribution-network redesigns aimed at improving profitability, including signals covering its resurfaced February 2025 move and broader profitability push.
Retail-company signals are accelerating, up 403100% QoQ.
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