Ola Electric opens QIP at ₹37.74 floor, 4.53% below market, to pare debt
E2W maker launches qualified institutional placement at a 4.53% discount to ₹39.53 close to repay borrowings. FY26 losses narrow to ₹1,833 Cr from ₹2,276 Cr, but revenue halves to ₹2,460 Cr from ₹4,932 Cr. Gross margin holds at 38.5%; Q4 OCF turns positive at ₹91 Cr.
Ola Electric opens QIP at ₹37.74 floor, 4.53% below ₹39.53 close, to repay debt as FY26 loss narrows to ₹1,833 Cr and revenue halves.
Inc42 · Buzz · 6/1/2026, 3:08:02 PM · Ask about this →