{"id":8510,"date":"2026-06-04T19:17:34","date_gmt":"2026-06-04T19:17:34","guid":{"rendered":"https:\/\/demo5.dedicatedhost247.com\/zexo\/ola-electric-raises-rs-780-crore-via-qip-issue-oversubscribed-56\/"},"modified":"2026-06-04T19:17:34","modified_gmt":"2026-06-04T19:17:34","slug":"ola-electric-raises-rs-780-crore-via-qip-issue-oversubscribed-56","status":"publish","type":"post","link":"https:\/\/demo5.dedicatedhost247.com\/zexo\/ola-electric-raises-rs-780-crore-via-qip-issue-oversubscribed-56\/","title":{"rendered":"Ola Electric raises Rs 780 crore via QIP, issue oversubscribed 56%"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-brcount=\"10\"><a rel=\"dofollow noopener\" href=\"https:\/\/economictimes.indiatimes.com\/ola-electric-mobility-ltd\/stocks\/companyid-2206544.cms\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\">Ola Electric Mobility<\/a> has raised Rs 780 crore through a <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/qualified-institutional-placement\" target=\"_blank\" rel=\"noopener\">qualified institutional placement<\/a> (QIP) that was oversubscribed 56 per cent, driven by strong participation from domestic and global <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/institutional-investors\" target=\"_blank\" rel=\"noopener\">institutional investors<\/a>, <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/stock-exchange\" target=\"_blank\" rel=\"noopener\">stock exchange<\/a> data showed on Thursday.<\/p>\n<p><!--\/dynamic_link.cms?msid=107107653&subsecid=1977021501&pos=toppotime:1-->The issue received bids worth about Rs 780 crore, with demand from long-only investors, including global names such as Goldman Sachs and BNP Climate Fund, alongside Indian mutual funds such as Motilal Oswal Mutual Fund, Mirae Asset Mutual Fund, Kotak Mahindra Mutual Fund, JM Financial Mutual Fund, and Baroda BNP Paribas Mutual Fund, among others.<\/p>\n<p>The strong response came despite volatile equity markets and signals continued institutional confidence in Ola Electric&#8217;s growth strategy, technology roadmap and positioning within India&#8217;s <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/electric-vehicle-sector\" target=\"_blank\" rel=\"noopener\">electric vehicle sector<\/a>.<\/p>\n<p>The QIP was launched at an indicative price of Rs 35.86 per share, while the stock closed at Rs 43.06 on the National Stock Exchange on Thursday, more than 20 per cent above the indicative price and above the regulatory floor price of Rs 37.74.<\/p>\n<p>The fundraise strengthens the company&#8217;s balance sheet and is expected to support expansion across electric mobility, battery technology development, manufacturing scale-up and product innovation.<\/p>\n<div style=\"display:none;\" data-ga-impression=\"Events_widget_$pagename#Impression#url\" class=\"liveEventMain_widget custom_ad\">\n<div class=\"topContain\">\n<div class=\"imgBox\"><\/div>\n<h3 class=\"logoTitle\">Live Events<\/h3>\n<\/div>\n<\/div>\n<p><!--\/live_events_widget.cms?pagename=articlepotime:1--><br \/>The transaction also expands Ola Electric&#8217;s institutional shareholder base and underscores investor interest in India&#8217;s broader electric vehicle transition, even amid market volatility.<meta content=\"cms.article3\" name=\"cmsei-article3\"\/><!--\/article_liveblog.cms?msid=105115637&pos=botpotime:2--><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Ola Electric Mobility has raised Rs 780 crore through a qualified institutional placement (QIP) that was oversubscribed 56 per cent, driven by strong participation from domestic and global institutional investors, stock exchange data showed on Thursday. The issue received bids worth about Rs 780 crore, with demand from long-only investors, including global names such as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[50],"tags":[988,1859,12970,11737,2494,2442,6543,12968,12497,12972,2061,12969,2063,12971],"jetpack_featured_media_url":"https:\/\/img.etimg.com\/thumb\/msid-131510540,width-1200,height-630,imgsize-56130,overlay-etmarkets\/articleshow.jpg","_links":{"self":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/8510"}],"collection":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/comments?post=8510"}],"version-history":[{"count":0,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/8510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media\/8511"}],"wp:attachment":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media?parent=8510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/categories?post=8510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/tags?post=8510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}