Ola Electric Mobility IPO GMP History
Ola Electric Mobility IPO has been listed on August 9, 2024 at a listing price of ₹76, against the issue price of ₹76 — a gain of ₹0 (+0%). The GMP peaked at ₹16 on 30 July 2024 and reached a low of ₹0 on 8 August 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Ola Electric Mobility IPO raised ₹6145.56 Cr. through its IPO at a price band of ₹72 to ₹76 per share, with a lot size of 195 shares. The IPO was open for subscription from 02 Aug 2024 to 06 Aug 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:45 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 08 Aug 2024 | ₹ 0 | — | -- | — | — |
| 06 Aug 2024 | ₹ 0 | — | -- | — | — |
| 05 Aug 2024 | ₹ 0 | ▼ | -- | — | — |
| 04 Aug 2024 | ₹ 7 | — | 9% | — | — |
| 03 Aug 2024 | ₹ 7 | ▼ | 9% | — | — |
| 02 Aug 2024 | ₹ 10 | ▼ | 13% | — | — |
| 01 Aug 2024 | ₹ 13 | ▼ | 17% | — | — |
| 31 Jul 2024 | ₹ 15 | ▼ | 20% | — | — |
| 30 Jul 2024 | ₹ 16 | — | 21% | — | — |
Ola Electric Mobility IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 02 Aug 2024
- Close 06 Aug 2024
- Allotment 07 Aug 2024
- Refund/credit 08 Aug 2024
- Listing 09 Aug 2024
Ola Electric Mobility IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹76 |
|---|---|
| Listing gain / loss | +₹0 per share |
| Listing date | 09 Aug, 2024 |
| Actual listing price | ₹76 (+0%) |
Is Ola Electric Mobility IPO GMP reliable?
Grey market premium for Ola Electric Mobility IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Ola Electric Mobility IPO full review for a fundamentals-based assessment before making any grey market trades.
Ola Electric Mobility IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Ola Electric Mobility IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Ola Electric Mobility IPO
Ola Electric Mobility Limited was founded in 2017. It is a pure EV player in India building vertically integrated technology and manufacturing for EVs and EV components.
It makes EVs and core components such as battery packs, motors and frames at the Ola Futurefactory. It is building an EV hub in Tamil Nadu with the Futurefactory, the Ola Gigafactory for cell making and co-located suppliers.
It sells through a direct-to-customer omnichannel network of experience centres and service centres across India. Its promoter is Bhavish Aggarwal.
The IPO was Rs 6,145.56 crore, with Rs 5,500.06 crore of fresh issue and Rs 645.50 crore of offer for sale. Rs 1,227.64 crore was planned for the cell project, Rs 1,600.00 crore for R&D and Rs 800.00 crore for repaying subsidiary debt.
Frequently asked
What is the GMP of Ola Electric Mobility IPO?
The current Grey Market Premium (GMP) of Ola Electric Mobility IPO is not yet started or active in the market.
What is the Kostak Price of Ola Electric Mobility IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Ola Electric Mobility IPO is not available.
What is the Subject to Sauda Price of Ola Electric Mobility IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Ola Electric Mobility IPO?
Ola Electric Mobility IPO listed on August 9, 2024 at ₹76, against the issue price of ₹76 — a gain of +0%.
How did the GMP of Ola Electric Mobility IPO trend before listing?
The GMP of Ola Electric Mobility IPO was stable in its final days before listing. The GMP peaked at ₹16 on 30 July 2024. View the day-wise table above for the complete GMP history.
Explore Ola Electric Mobility IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
