ENTITLEMENT VISUAL
Ownership impact
7.4%new shares
Existing shares92.6%
Rights shares7.4%
If you do not participate7.4% potential dilution
Existing base25.00
Post-rights base27.00
UPCOMING
100% data coverage
Ola Electric Mobility Ltd. Rights Issue 2026
Ola Electric Mobility is offering partly paid rights shares at ₹27 each in the ratio of 2 rights shares for every 25 shares held on the record date.
Issue Price₹27.00
Rights ratio 2:25
₹999.74 Cr issue size
Record Date13 Oct 2026
Entitlement2:25
Rights / 100 Shares8.00
Capital / 100 Shares₹216.00
Issue Closes30 Oct 2026
OFFER SNAPSHOT
100% verified fieldsComplete rights issue terms
Record date13 Oct 2026
Entitlement ratio2:25
Issue price₹27.00
Face value₹10.00
Issue size₹999.74 Cr
Shares offered370,272,665
Issue opens22 Oct 2026
RE trading closes26 Oct 2026
Issue closes30 Oct 2026
Allotment02 Nov 2026
Credit03 Nov 2026
Listing04 Nov 2026
PAYMENT STRUCTURE
Cash requirement
On application₹16.20
Future call(s)₹10.80
₹16.20 per share on application; balance ₹10.80 payable in a subsequent call, subject to the issue terms.
OFFER TIMELINE
7 / 7 dates availableImportant dates
01
Record date
13 Oct 2026
02
Issue opens
22 Oct 2026
03
RE closes
26 Oct 2026
04
Issue closes
30 Oct 2026
05
Allotment
02 Nov 2026
06
Credit
03 Nov 2026
07
Listing
04 Nov 2026
What the ratio means for you
For 100 shares held8.00 rights shares
Approximate entitlement before rounding rules in the Letter of Offer.
Subscription cash₹216.00
Approximate total issue-price consideration per 100 existing shares.
New equity weight7.4%
Rights shares as a share of post-issue equity if fully subscribed.
Existing equity weight92.6%
Share of post-issue equity represented by the pre-issue base.
USE OF PROCEEDS
₹999.74 Cr total issueWhere the money is planned to go
debt repayment/prepayment.₹350.00 Cr
organic growth initiatives.₹400.00 Cr
Other / general corporate / issue expenses₹249.74 Cr
OFFER ANALYSIS
How to read this issue
Entitlement2:25
The number of rights shares offered relative to shares held on the record date.
Pricing₹27.00
Compare the rights price with the prevailing market price and adjust for dilution rather than looking at the discount alone.
PaymentPartly paid
₹16.20 per share on application; balance ₹10.80 payable in a subsequent call, subject to the issue terms.
LiquidityCheck RE trading
RE liquidity may be limited, especially in smaller companies. Review spreads, volumes and the last trading date before transacting.
Dilution7.4%
Approximate ownership dilution for a non-participating shareholder if the issue is fully subscribed.
Issue purposeDisclosed
Assess whether funds support growth, working capital or debt reduction, or are primarily covering ongoing financial stress.
RISK CHECK
Key points to verify
CheckPartly paid shares create a future payment obligation for the balance call money.
CheckCompare the effective rights price with the prevailing market price and expected dilution.
Before you subscribe
- Confirm your eligibility and RE quantity in demat.
- Read the Letter of Offer and payment schedule.
- Compare the issue price with market price and expected dilution.
- Review the object of the issue, leverage, profitability and cash-flow context.
- Check whether the issue is fully paid or has future calls.
- If renouncing, act before the RE trading/transfer deadline.
- If subscribing, complete ASBA/application before issue closure.
SOURCE & VERIFICATION
Hourly tracker refreshData provenance
IPO News prioritises exchange filings, issuer investor-relations documents and the Letter of Offer. Secondary rights-issue trackers are used for discovery and change detection. Final dates, ratios, payment calls and application procedures should be confirmed against the official offer documents.
Rights Issue FAQs
Do I automatically receive shares if I receive an RE?
No. An RE is an entitlement. You still need to apply and pay according to the issue terms.
Can I buy an RE if I was not a shareholder on the record date?
Generally yes, where RE trading is available. Buying the RE and applying for the rights shares are separate steps.
What happens if I do not use the RE?
Unused REs can lapse after the relevant deadline. They do not automatically become shares or cash.
How should I interpret a large entitlement ratio?
A larger ratio means more new shares relative to the existing share base. That increases both the capital required to maintain proportional ownership and the dilution for holders who do not participate.
Is a lower rights price always a bargain?
No. The economics depend on dilution, business fundamentals, use of proceeds, market price, payment calls and the overall terms of the issue.