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Ola Electric Technologies

24 Apr – 28 Apr · Listing 2 May 2026
Check Allotment
Price band
₹72 – ₹76
Lot size
195 shares
Issue size
₹6146 Cr
Listing
2 May 2026

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Listing-day Predictor

High confidence
Predicted listing price
₹80
Predicted gain
+5.82%
Drivers
GMP signal (₹15 = 19.7% of issue)+13.8%
Total subscription 0.1x-5.0%
Mega issue (>₹5,000 Cr) — historically muted listings-3.0%

Heuristic prediction based on GMP, subscription, QIB demand and IPO size. Indicative only — markets can and do surprise. See GMP Accuracy Scorecard for how often these signals are off.

Broker recommendations

3 houses
1 Subscribe
1 Neutral
1 Avoid
Geojit Avoid

Loss-making at scale, EV competition intensifying. Wait for visible profitability.

Motilal Oswal Neutral

Sector tailwind exists but cash burn and intense competition make near-term margin path unclear.

Anand Rathi Subscribe (Listing gain)

Listing-day pop possible given retail interest, but caution for long-term.

Grey Market Premium

15
Est. listing price
91
Est. listing gain
+19.74%

GMP is the unofficial premium at which IPO applications trade in the grey market before listing. It's indicative only, sourced from unofficial dealers. Not a guarantee of listing gain.

Subscription status

as of 24 Apr, 05:30 pm
Retail0.21x
HNI0.08x
QIB0.05x
Total0.12x

Objects of the issue

Capital expenditure for expansion of cell manufacturing capacity; Research and product development; Debt repayment.

Key dates

Opens
24 Apr 2026
Closes
28 Apr 2026
Allotment
29 Apr 2026
Listing
2 May 2026

Key details

Face value
₹10
Registrar
Link Intime India
Lead managers
Kotak, Citi, BofA, Goldman Sachs
BSE code
544225
NSE symbol
OLAELEC

Community sentiment

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