Ola Electric lists 21.76 crore fresh QIP shares on BSE from June 8 at Rs 35.86
Ola Electric Mobility allots 21,75,78,428 new equity shares to QIBs at Rs 35.86 apiece (Rs 10 face value) via QIP, with allotment dated June 4, 2026 and trading commencing June 8. Fresh shares rank pari-passu, expanding the float and signaling fresh institutional capital infusion into the EV two-wheeler maker.
What happened
Ola Electric to list 21.76 crore new equity shares on BSE from June 8, 2026, allotted to QIBs at Rs. 35.86 per share via QIP, ranking pari-passu with existing
Key facts
- 21,75,78,428 shares
- Rs. 35.86/share
- Rs. 10 face value
- allotment 4 Jun 2026
- trading from 8 Jun 2026
Why this matters
Successful QIP closure validates EV mobility as a fundable theme and resets the comparable benchmark for any pending capital raises in the two-wheeler EV cohort.