Ola Electric launches QIP at ₹37.74 floor price as market share slips
Ola Electric opened a qualified institutional placement at a ₹37.74/share floor with up to 5% discount, seeking fresh capital amid share losses to Bajaj and TVS. Management flagged Q1FY27 registrations of 22,600 already topping Q4FY26's 22,221 units, with 40,000-45,000 orders and ₹500-550 cr revenue guided.
Ola Electric opens QIP at ₹37.74/share with up to 5% discount, guiding ₹500-550 cr Q1FY27 revenue as Bajaj and TVS gain E2W share.
Mint · Markets · 6/1/2026, 2:31:44 PM · Ask about this →