Ola Electric shares in focus as firm launches QIP to raise funds. Check floor price, other details
- Posted on June 2, 2026
- By Business News Today
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- 1 min read
Ola Electric shares in focus as firm launches QIP to raise funds. Check floor price, other details
Ola Electric is set to raise funds through a qualified institutional placement. The company has fixed a floor price for the offering. This move comes as Ola Electric aims to improve its financial performance. The company anticipates a significant increase in orders and revenue in the upcoming quarter. Key priorities include its electric motorcycle and cell manufacturing businesses.
