Ola Electric pulls in Rs 780 Cr QIP, oversubscribed 56% with Goldman, top MFs piling in

First post-listing equity raise lands at Rs 35.86/share, below floor, but books were 1.56x covered. Goldman Sachs, BNP Climate Fund and four marquee Indian MFs anchor the round. Proceeds fund debt paydown and growth as Q4 loss narrows to Rs 500 Cr — though revenue halved YoY to Rs 265 Cr.

First post-listing equity raise lands at Rs 35.86/share, below floor, but books were 1.56x covered. Goldman Sachs, BNP Climate Fund and four marquee Indian MFs

YourStory · 6/4/2026, 7:58:15 PM · Ask about this →

Ola Electric + BNP Climate Fund + Goldman Sachs + JM Financial Mutual Fund + Kotak Mahindra Mutual Fund + Mirae Asset Mutual Fund + Motilal Oswal Mutual Fund +