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Ola Electric Mobility IPO Subscription Status

Ola Electric Mobility IPO was subscribed 4.45 times when bidding closed on 6 Aug 2024: QIB 5.53x, NII 2.51x, Retail 4.05x.

The Ola Electric Mobility IPO has been subscribed 4.45x times overall. Retail investors have shown interest with bids for 4.05x the shares available. The Non-Institutional Investor (NII) category has been subscribed 2.51x. Within NII, Big HNI (B-HNI) subscribed 2.75x and Small HNI (S-HNI) subscribed 2.03x. Qualified Institutional Buyers (QIBs) have subscribed 5.53x. Data last updated on 10 Nov, 06:45 PM.

The IPO subscription period has ended. The issue opened on 02 Aug, 2024 and closes on 06 Aug, 2024. The shares are expected to list on stock exchanges on 09 Aug, 2024.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 06:45 PM
Category Bid details Times
QIB - of - - 5.53x
NII - of - - 2.51x
bHNI — bid amount above ₹10 Lakh
- - 2.75
sHNI — bid amount ₹2–10 Lakh
- - 2.03
Retail - of - - 4.05x
Employee - of - - 12.38x
TOTAL - - 4.45x
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Ola Electric Mobility IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 4
~24.7% chance per PAN — based on 4.05x subscription. Winners get exactly 1 lot (₹14,820) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 2
~49.3% chance — based on 2.03x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 3
~36.4% chance — based on 2.75x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
5.53x
Proportionate allotment — at 5.53x, institutions receive ~18.1% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 24.7% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 5.53x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
06 Aug 2024
Day 3
4.45x ▼
QIB5.53x BHNI2.75x SHNI2.03x Retail4.05x Employee12.38x
05 Aug 2024
Day 2
1.06x ▼
QIB0.4x BHNI1.12x SHNI1.09x Retail2.87x
02 Aug 2024
Day 1
0.35x ▼
QIB- BHNI0.13x SHNI0.35x Retail1.57x

Ola Electric Mobility IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 02 Aug 2024
  2. Close 06 Aug 2024
  3. Allotment 07 Aug 2024
  4. Refund/credit 08 Aug 2024
  5. Listing 09 Aug 2024

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Ola Electric Mobility IPO?

As of IPO close date (06 Aug, 2024), the Ola Electric Mobility IPO is subscribed 4.45x times. Retail category is 4.05x, and NII is 2.51x subscribed.

When is the allotment date for Ola Electric Mobility IPO?

The allotment for Ola Electric Mobility IPO is expected to be finalized on 07 August, 2024.

When will Ola Electric Mobility IPO list on the stock market?

Ola Electric Mobility is scheduled to list on BSE and NSE on 09 August, 2024.

What are the chances of getting allotment in Ola Electric Mobility IPO?

The retail category is oversubscribed at 4.05x, meaning allotment is by lottery. Statistically, approximately 1 in 5 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 5.53x mean for Ola Electric Mobility IPO?

Moderate — QIBs have subscribed 5.53x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Ola Electric Mobility IPO allotment status?

After the allotment date (07 Aug, 2024), you can check your Ola Electric Mobility IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
4.45x
QIB
5.53x
NII
2.51x
bHNI
2.75x
sHNI
2.03x
Retail
4.05x
Full IPO details
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