Ola Electric slips 2% as QIP floor priced at ₹37.74, signalling discounted capital raise
Ola Electric shares fell up to 1.8% to ₹38.82 after the EV two-wheeler maker opened its QIP at a floor price of ₹37.74, with scope for an additional 5% discount. The dilutive raise marks a fresh funding phase for the loss-making company as it works to defend market share against Bajaj and TVS.
Ola Electric fell up to 1.8% to ₹38.82 after opening its QIP at a ₹37.74 floor price, with scope for an additional 5% discount.
Mint · Markets · 6/2/2026, 4:01:06 AM · Ask about this →