Ola Electric Mobility Ltd. share price target

Ola Electric is a pure EV player in India and is building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. The Company has built the Ola Futurefactory reaching an installed capacity of one million units per year by the end of FY24.

Issue Snapshot: Issue Open: August 02 August 06, 2024 Price Band: Rs. 72 76 (Discount of Rs 7 per share for all eligible employees) *Issue Size: Up to Rs 6145.6 cr (including Fresh issue of Rs 5500.0 cr + Offer for sale of 84,941,997 eq shares including employee reservation of upto Rs.5 cr Reservation for: QIB atleast 75% eq sh Non-Institutional upto 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail upto 10% eq sh Face Value: Rs 10 Book value: Rs 5.54 (March 31, 2024) Bid size: - 195 equity shares and in multiples thereof 100% Book built Issue Ola Electric Mobility Limited - IPO Note

IPO NOTE