Ola Electric opens QIP at ₹37.74 floor as May registrations jump 23%
Ola Electric launched its QIP on June 1 at a ₹37.74 floor price even as shares slipped 1.4% to ₹38.96. May 2026 registrations hit 15,139 units, up 23% MoM — roughly triple the EV two-wheeler industry's ~15% growth — aided by retail network restructuring. Stock remains 27.4% below its 52-week high.
Ola Electric opened a ₹1,500 cr QIP at ₹37.74 as May 2026 registrations rose 23% MoM to 15,139 units, triple industry growth.
The Hindu BusinessLine · 6/2/2026, 5:06:21 AM · Ask about this →