Deccan Gold Mines Ltd ₹80.00· 150 : 601· Open
Natco Pharma Ltd ₹750.00· 2 : 21· Open
Ola Electric Mobility ₹27.00· 2 : 25· Upcoming
Deccan Gold Mines Ltd ₹80.00· 150 : 601· Open
Natco Pharma Ltd ₹750.00· 2 : 21· Open
Ola Electric Mobility ₹27.00· 2 : 25· Upcoming

Ola Electric Mobility Ltd Right Issue

₹999.74 Cr BSE, NSE 22 Oct 2026 – 30 Oct 2026

Upcoming Ratio: 2 : 25 BSE, NSE
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Issue Price
₹27.00
Face Value
₹10.00
Issue Size (Shares)
370,272,665
Issue Size (₹ Cr.)
₹999.74
Current Market Price
📅 Right Issue Timetable
Last Date to Buy SharesMon, Oct 12, 2026
Record DateTue, Oct 13, 2026
Credit of Rights EntitlementsWed, Oct 14, 2026
Bid/Offer Opens OnThu, Oct 22, 2026
Issue Open DateThu, Oct 22, 2026
Renunciation Last DateMon, Oct 26, 2026
Bid/Offer Closes OnFri, Oct 30, 2026
Issue Close DateFri, Oct 30, 2026
Deemed Date of AllotmentMon, Nov 2, 2026
Credit DateTue, Nov 3, 2026
Listing DateWed, Nov 4, 2026
📋 Right Issue Details
Issue Size (Shares)370,272,665
Issue Size (Amount)₹999.74 Cr.
Issue Price₹27.00 per share
Face Value₹10.00 per share
Entitlement Ratio2 : 25
Listing AtBSE, NSE
Terms of Payment₹16.20 per share payable on application, with the balance payable in call(s).
📊 Company Financials (Restated)
Period Ended2026-03-312025-03-31FY I
Income2,460.004,932.00—
EBITDA———
Net Worth———
Reserves & Surplus-1,045.00726.00—

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Crores)
1Repayment / pre-payment, in part or in full, of certain outstanding borrowings, interest accrued and prepayment penalties, as applicable, availed by the Company and its Material Subsidiaries₹350.00
2Expenditure to be incurred in relation to our organic growth initiatives₹400.00
3General corporate purposes₹233.99
Total₹983.99
🏢 About the Company
Incorporated in February 2017, Ola Electric Mobility Limited is an electric vehicle (EV) company focused on the development and manufacturing of electric two-wheelers and core EV technologies in India. Its business covers various aspects of the electric vehicle value chain, including EV manufacturing, technology development and related infrastructure.The Company develops and manufactures electric scooters and motorcycles, supported by in-house capabilities across vehicle engineering, software, electronics, electric motors, drivetrains and battery technologies. Its technology ecosystem includes the MoveOS software platform, while its product and technology development activities are focused on improving vehicle performance, connectivity and the overall electric mobility experience.

The Company operates an integrated manufacturing ecosystem in Tamil Nadu, with its Futurefactory focused on the manufacturing of electric vehicles and core components. It has also developed capabilities in battery technology and cell manufacturing, supported by its research and development activities. The Company follows a vertically integrated approach to EV manufacturing, with a focus on developing key technologies and components in-house.

Ola Electric follows a direct-to-consumer and omnichannel business model, supported by its digital platform, retail network, service infrastructure and charging ecosystem. Through its integrated approach to product development, manufacturing and technology, the Company aims to expand the adoption of electric mobility in India and build an integrated EV ecosystem.
📞 Company Contact
CompanyOla Electric Mobility Ltd
AddressWing C, Prestige RMZ Startech
Hosur Road, Municipal Ward No.67
Municipal No. 140, Koramangala VI Bk
Bangalore Urban, 560095
Phone8067350900
Emailcompanysecretary@olaelectric.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailolaelectric.rights@in.mpms.mufg.com
WebsiteVisit ↗