Resurfacing an August 2024 Move: Ola Electric's Rs 6,145 Cr IPO Was Fully Subscribed on Day 2, Retail Demand Led at 2.87x
In the runup to its Aug 9, 2024 BSE/NSE listing, Ola Electric's IPO had crossed full subscription on Day 2, with retail investors booking 2.87x their quota even as QIB demand lagged at 0.09x.
Ola Electric's Rs 6,145 Cr IPO fully subscribed on Day 2, driven by strong retail investor demand (2.87x), ahead of August 9 listing on BSE/NSE.