Ola Electric Mobility Ltd IPO |
Registered Office:
Wing C Prestige RMZ Startech,Hosur Road Municipal Ward No67
,
Bangalore
-
560095
,
Karnataka
, India.
Phone :
+91 80 35440050 Fax:
Email : ipo@olaelectric.com
Website : www.olaelectric.com
|
| initial public offering of 808,699,624# equity shares of face value of
(Rs)10 each of Ola Electric Mobility Limited (The "Company" or the "Company") for cash at a price of (Rs)76 per equity share (including a premium of (Rs)66 per equity share) ("Offer Price") aggregating to
(Rs)6145.56#^ crores (the "Offer") comprising a fresh issue of 723,757,627# equity shares of face value of (Rs)10 each aggregating to (Rs)5500.00#^ crores (the "Fresh Issue") and an offer for sale of 84,941,997# equity shares of face value of (Rs)10 each aggregating to (Rs)645.56# crores (the "Offer for Sale"), consisting of 37,915,211# equity shares of face value of (Rs)10 each aggregating to (Rs)288.16# crores by Bhavish Aggarwal, 4,178,996# equity shares of face value of (Rs)10 each aggregating to
(Rs)31.76# crores by Indus Trust, 295,470# equity shares of face value of
(Rs)10 each aggregating to (Rs)2.25# crores by AB Initio Capital, l.p., 3,782,883# equity shares of face value of (Rs)10 each aggregating to
(Rs)28.75# crores by Alpha Wave Ventures ii, lp, 630,336# equity shares of face value of (Rs)10 each aggregating to (Rs)4.79# crores by Alpine opportunity fund vi, l.p., 601,828# equity shares of face value of (Rs)10 each aggregating to (Rs)4.57# crores by Ashna Advisors llp, 6,360,891# equity shares of face value of (Rs)10 each aggregating to (Rs)48.34# crores by internet fund iii pte ltd, 1,354,978# equity shares of face value of
(Rs)10 each aggregating to (Rs)10.30# crores by macritchie investments pte. ltd., 89,000# equity shares of face value of (Rs)10 each aggregating to
(Rs)0.67# crores by matrix partners india iii aif trust, 3,727,534# equity shares of face value of (Rs)10 each aggregating to (Rs)28.33# crores by matrix partners india investments iii, llc, 358,228# equity shares of face value of (Rs)10 each aggregating to (Rs)2.72# crores by Nuvama Private investments trust-nuvama crossover opportunities fund - series iii, 278,619# equity shares of face value of (Rs)10 each aggregating to (Rs)2.12# crores by nuvama private investments trust-nuvama crossover opportunities fund - series iii a, 278,644# equity shares of face value of (Rs)10 each aggregating to (Rs)2.12# crores by nuvama private investments trust-nuvama crossover opportunities fund - series iii b, 256,530# equity shares of face value of (Rs)10 each aggregating to (Rs)1.95# crores by sarin family india llc, 23,857,268# equity shares of face value of (Rs)10 each aggregating to (Rs)181.32# crores by svf ii ostrich (de) llc and 975,581# equity shares of face value of (Rs)10 each aggregating to (Rs)7.41# crores by tekne private ventures xv, ltd. (collectively, the "selling shareholders" and such equity shares, the "Offered Shares").
The offer included a reservation of 797,101# equity shares of face value of (Rs)10 each, aggregating to (Rs)5.50#^ crores (constituting 0.02% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 18.33% and 18.32% of the post-offer paid-up equity share capital of the company, respectively.
#Subject to finalisation of basis of allotment.
^After employee discount.
%A discount of (Rs)7 per equity share was offered to eligible employees bidding in the employee reservation portion.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 02-Aug-24 |
06-Aug-24 |
(Rs)76.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :195 Further Multiples of :195 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
5275.06 |
|
| Project Financed through Current Offer |
6145.56 |
|
| Post Issue Equity Share Capital |
4410.83 |
|
| Issue Price |
(Rs)76.00 |
|
|
|