OLA Electric IPO Allotment Status Online

The OLA Electric IPO allotment status will be available on August 7, 2024, as per the timeline provided in the red-herring prospectus.

Below are the steps to check OLA Electric IPO allotment status online:

• Visit the OLA Electric IPO allotment status page.
• Click on the green OLA Electric IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the OLA Electric IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of OLA Electric IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The OLA Electric IPO grey market premium gives some hint but the actual listing price is difficult to guess.

OLA Electric IPO allotment status is expected on August 7, 2024. Click the green button OLA Electric IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If OLA Electric IPO oversubscribed in the retail category, the OLA Electric IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The OLA Electric IPO listing date is not available at this time. The OLA Electric IPO is planned to list the shares on August 9, 2024, at BSE, NSE.

The reason you didn't get the OLA Electric IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).