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OLA Electric IPO

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Price Band₹72.00–₹76.00
Live GMPNO GMP
SubscriptionNO DATA
Issue Size₹6,145.56 Cr
AllotmentNO DATA

IPO Objectives

OLA Electric IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Capital expenditure to be incurred by our Subsidiary, OCT for the Project₹1,227.64 Cr
2Repayment or pre-payment, in full or part, of the indebtedness incurred by our Subsidiary, OET₹800.00 Cr
3Investment into research and product development₹1,600.00 Cr
4Expenditure to be incurred for organic growth initiatives₹350.00 Cr
5General corporate purposes₹1,297.42 Cr