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OLA Electric Mobility Ltd.
02-Aug-24  
06-Aug-24  
100  
 
72 - 76  
195  
465159451  
1  
Objective
1. Capital expenditure to be incurred by our Subsidiary, OCT for expansion of the capacity of our cell manufacturing plantfrom 5 GWh to 6.4 GWh, classified as phase 2 under the expansion plan (the “Project”);2. Repayment or pre-payment, in full or part, of the indebtedness incurred by our Subsidiary, OET;3. Investment into research and product development;4. Expenditure to be incurred for organic growth initiatives; and5. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For    
Non-Institutional Investors   127210049   304972980   2.39739692262834  
Qualified Institutional Buyers   252296550   1340339910   5.31255742498262  
Retail Individual Investors   84806699   332444970   3.92003195407948  
Business Description
We are a pure EV player in India and are building vertically integrated technology and manufacturing capabilities for EVs andEV components, including ...
Promoter's Holding
3109636366  
808626207  
84.35  
36.78  
 
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