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Ola Electric launches QIP to raise funds, sets floor price at Rs 37.74 a share

Posted on June 1, 2026
By Business News Today
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1 min read

Ola Electric launches QIP to raise funds, sets floor price at Rs 37.74 a share

Ola Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of Rs 37.74 per share. The company may offer up to a 5% discount, while the final issue price and fundraising size will be determined through the book-building process.