OLA ELECTRIC SCOOTER IPO OPEN ON AUGUST 2

 Ola Electric Mobility IPO Details :

OLA ELECTRIC SCOOTER

IPO Dates and Structure:

1. IPO Opening Date: August 2

2. IPO Closing Date: August 6

3. Anchor Book Opening: August 1

4. Price Band Announcement: July 29

 Share Offer Details & Price :

1. Fresh Issue: Rs 5,500 crore

2. Offer-for-Sale (OFS): 8.49 crore equity shares

3. Employee Reservation: Rs 5.5 crore worth of shares

 Shareholders Participating in OFS

1. Promoters:

•    Bhavish Aggarwal: 3.79 crore shares

•    Indus Trust: 41.79 lakh shares

2. Major Investors:

•    SVF II Ostrich (DE) LLC: 2.38 crore shares

•    Other Investors:

1.       Alpha Wave Ventures II LP
2.       Alpine Opportunity Fund VI LP
3.       Internet Fund III Pte
4.       MacRitchie Investments Pte
5.       Matrix Partners India Investments III LLC
6.       Tekne Private Ventures XV
7.       Ashna Advisors LLP

Allocation of Shares

1. Qualified Institutional Buyers (QIBs): 75% of net public issue

2. Non-Institutional Investors (NIIs): 15% 

3. Retail

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