2 stories mentioning NSE:OLAELECUpdated 16m ago
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Ola Electric Mobility (NSE:OLAELEC, BOM:544225) reported vehicle registrations of 43,719 units in the fiscal first quarter ended June 30, nearly double from the 22,252 units recorded in the preceding quarter.Registrations in June stood at 16,144 units, the electric two-wheeler company said in a Wednesday filing, citing VAHAN data.Shares of the company jumped over 4% in recent trade.
Ola Electric Mobility (NSE:OLAELEC, BOM:544225) has raised around 7.80 billion Indian rupees through a qualified institutions placement (QIP), according to a Thursday filing to the Indian stock exchanges.The electric vehicles manufacturer allotted around 217.6 million equity shares of face value of 10 rupees each to eligible qualified institutional buyers at an issue price of 35.86 rupees per equity share, including a premium of 25.86 rupees.The company said the issue opened on June 1 and closed on June 4.Following the allotment of shares, the paid-up equity share capital of the company has increased to 46.3 billion rupees, comprising 4.63 billion equity shares of face value of 10 rupees each, from 44.1 billion rupees, comprising 4.41 billion equity shares of face value of 10 rupees each.
