Ola Electric opens QIP, sets Rs 37.74 floor price
- Posted on June 1, 2026
- By Financial Express
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- 1 min read
Ola Electric opens QIP, sets Rs 37.74 floor price
Ola Electric launches QIP of equity shares at a discounted price of ₹37.74 per share. Funds to be used for debt repayment, balance sheet strengthening, and improving financial performance. In FY26, net loss reduced and first operating cash flow-positive quarter reported. Company shows signs of recovery with 23% increase.
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