IPO ALERT: Know complete information about IPO before investing in OLA Electric | Price Band | GMP | Paisa Live | IPO ALERT: Know complete information about IPO before investing in OLA Electric | Price Band | GMP

OLA Electric IPO is a Book Built Issue of Rs 6,145.56 crore. The issue is a combination of a fresh issue of 72.37 crore shares aggregating to Rs 5,500.00 crore and an offer for sale of 8.49 crore shares aggregating to Rs 645.56 crore. OLA Electric IPO bidding opened for subscription on August 2, 2024 and will close on August 6, 2024. Allotment for OLA Electric IPO is expected to be finalized on Wednesday, August 7, 2024. OLA Electric IPO will be listed on BSE, NSE. The tentative listing date has been fixed as Friday, August 9, 2024. The price range of OLA Electric IPO has been fixed at ₹72 to ₹76 per share. The minimum lot size for an application is 195 shares. The minimum investment amount required for retail investors is ₹14,820. The minimum lot size investment for sNII is 14 lots (2,730 shares), amounting to ₹207,480, and for bNII, it is 68 lots (13,260 shares), amounting to ₹1,007,760.