Ola Electric Share Price: Shares of electric two-wheeler maker Ola Electric are creating a storm these days. Since its listing in the stock market, the company’s shares have been witnessing a rapid rise. Let us tell you that the company’s IPO opened on August 2 and closed on August 6.
Shares were given at a price of Rs 76 under the company’s IPO
The company had allotted shares to investors at a price of Rs 76 under its IPO. The company’s IPO did not receive much support and the shares were listed at a price of Rs 75.99. But since the listing, the company’s shares have been rising like a storm.
The shares hit an upper circuit of 20% on the day of listing
On the day of listing, the company’s shares hit an upper circuit of 20 percent. The company’s shares have traded in the stock market for only 5 days so far and in these 5 days, Ola Electric shares have given a return of about 75 percent.
On Friday, the price rose by 20 percent to Rs 133.08
On Friday, the last day of the week, Ola Electric shares hit an upper circuit of 20 percent. On Friday, the company’s shares closed at Rs 132.76 with a gain of 19.99 percent on BSE and at Rs 133.08 with a gain of 20 percent on NSE.
195 shares were given in one lot in IPO
Under the IPO of Ola Electric, investors were given 195 shares in one lot for an investment of Rs 14,040. According to the current price of the shares, the value of the investors who got 195 shares has now increased from Rs 14,040 to Rs 25,950.
Ola Electric launched Roadster bike
Let us tell you that Ola Electric launched its first electric bike – Ola Roadster on the occasion of Independence Day on 15 August. The company introduced 3 different variants of this bike, whose starting price has been fixed at Rs 74,999 (ex-showroom).
Latest Business News
