OLA IPO Allotment: Electric two-wheeler maker Ola Electric Mobility's Rs 6,145 crore IPO (OLA IPO) was subscribed a total of 4.27 times till the last day. According to the data available on the National Stock Exchange ( NSE ), bids were received for a total of 1,98,79,03,905 shares in the IPO while 46,51,59,451 shares were offered for sale. In this way, the IPO was subscribed 4.27 times. Know further when Ola's shares will be allotted and when they will be listed.

When will the shares be allotted (OLA IPO Allotment)

The date for allotment of shares in Ola Electric's IPO is August 7 and the IPO listing date is August 9. The company can make the allotment today itself and credit the shares to the demat accounts of eligible investors on August 8.

Unsuccessful bidders whose bids have been rejected will get their money back on the same day.

How to check allotment status (How to Check OLA IPO Allotment Status)

• ThisOn the link visit
• Select 'Ola Electric Mobility Limited' in the Select Company dropdown menu
• Choose one of the options from PAN, App Number, DP/Client ID, and Account Number/IFSC
• Enter the details as per the option selected
• Click on 'Submit'
• Your Ola Electric IPO allotment status will be displayed

What is the GMP (OLA IPO GMP Today)

According to IPO Watch, the GMP of Ola's share was Rs 25 a few days ago, which later fell to Rs 15. Now today on August 7, it is zero. The price band in the IPO was Rs 72 to Rs 76 per share. Before the IPO, the company had raised Rs 2,763 crore from anchor investors.

Disclaimer: Here information about an IPO is given and not investment advice. There is risk in the equity market, so invest at your own risk. Do take expert advice before investing.