Is Ola Electric share price worth tracking? Get insights on price and GMP

Ola Electric is a company renowned for its innovative green solutions and has established a strong presence in the electric vehicle market. It is essential to track the company’s share price, as it reflects the market’s perception of the company and its performance in a rapidly evolving industry. This blog has the current updates on Ola Electric share price, IPO information, financial results, and sector comparisons. Read on to explore comprehensive insights about Ola Electric’s market journey.

Company Overview

Ola Electric, an Indian company, is involved in the design, development, and manufacture of electric vehicles and the associated technologies. The company pays attention to giving feasible transport solutions that not only solve the environmental problems but also allow the transition to cleaner mobility. In order to capture a larger share of the electric vehicle market, Ola Electric plans to consolidate its presence by making an R&D, innovation, and product portfolio expansion. The company’s initiatives have helped it gain recognition as a significant participant in the rapidly changing electric vehicle sector, therefore, facilitating the adoption of green mobility not only in India but also in the rest of the world.

Ola Electric IPO Details

Here’s a simple overview of the main details of the Ola Electric IPO, such as the important dates, total issue size, price range, and the lot size for investors.

Particulars Description
Opening date 02 August 2024
Closing date 06 August 2024
Listing date 09 August 2024
Total issue size  6146 Crores
Price band ₹ 72 – 76
Lot size 195

 

Objective of the IPO

The following provides an overview of how Ola Electric plans to utilise the proceeds from its IPO across various key areas.

Purpose INR Crores(%)
Capital expenditure for OLA Cell Technologies 1227.64 (22.32%)
Debt reduction of Ola Electric Technologies 800 (14.55%)
R&D investment 1600 (29.10%)
Organic growth-related expenses 350 (6.36%)
General corporate purposes 1375 (25%)

Latest Ola Electric share price updates

On 22 August 2025, the share price of Ola Electric Mobility is around ₹47.29. The stock has been dynamic at various times since its debut, with significant changes in its value. Trading activity has been fairly active, prompting both the BSE and NSE to put the shares under short-term additional surveillance to keep an eye on the increased volatility and trading volume. These developments indicate the changing mood of investors and the fierce competition in the electric vehicle market.

Financial performance overview

Here is a summary of Ola Electric’s financial performance over the past three years, highlighting key figures such as revenue, net worth, and earnings per share.

 

Particulars Year ended 31 March 2024 Year ended 31 March 2024 Year ended 31 March 2024
Equity share capital 19,554.50 19,554.50  19,554.50
Net Worth 20,193.39 23,564.44 36,614.52
Revenue from Operations 50,098.31 26,309.27  3,734.23
Total income 52,432.70 27,826.97 4,562.60
Basic & Diluted per Equity Share  (4.35) (3.91) (2.23)
NAV 5.54  6.26 10.43

 

Ola Electric IPO GMP

The grey market premium (GMP) is the rate at which the shares of an IPO are unofficially traded before the official stock exchange listing. It acts as a gauge of how the market anticipates the stock to behave on its listing day, where a positive GMP indicates a rise and a negative GMP indicates a fall. Nonetheless, GMP can be quite changeable and should not be the only criterion in making investment decisions.

Ola Electric’s IPO was 4.45 times subscribed and got listed on 14 October 2019. The share price was ₹76 while the stock was listed at the same price, hence no initial profit was made. The last GMP was recorded at ₹-3 on 9 August 2024, indicating an anticipated shortfall at listing of around 3.95%. However, the IPO listing price expected from the grey market was ₹73, a little higher than the GMP price, providing a positive grey market outlook before listing. Such numbers are indicative of the IPO.

Sectoral Analysis

The electric vehicle industry is expanding at an astonishing rate, which is mainly due to the rising demand for green transportation and continuous technological advancements. Some of the main trends that come to define the sector include increasing consumer adoption of electric vehicles, improvements in battery technology resulting in longer range and faster charging, and the development of a universally accessible charging infrastructure.

Almost all governments in the world are setting up supportive policies, incentives and regulations whose main aim will be to reduce carbon emissions and promote sustainable mobility. These regulatory frameworks are the main drivers in speeding up the market growth. Technological progress is also taking up a very important role by making the production of vehicles more affordable and, at the same time, elevating the performance of the vehicles. 

Ola Electric is trying to carve out a market position in this competitive and rapidly changing market by turning to innovation, committing resources to research and development, and leveraging consumer insights to adjust its strategies to consumer and industry changes.

Peer Comparison

The table below compares Ola Electric’s key financial metrics with those of major competitors in the automotive industry.

 

Companies Face value (₹ per share) Revenue from operations for the financial year ended March 31, 2024 (in ₹ million)  EPS (Basic in ₹) EPS (Diluted in ₹) RONW (%) P/E NAV (Per Share)
Ola Electric 10 50,098.31 (4.35) (4.35) (78.46%)
5.54
TVS Motors 1 3,91,447.40 35.50  35.50  23.68% 68.99 158.10
Eicher Motors 1 1,65,357.80 146.18  145.92 22.17% 33.58 659.06
Bajaj Auto 10 4,48,704.30 272.70 272.70 26.61% 34.02 1,037.41
Hero MotoCorp 2 3,77,886.20 187.36  187.04 20.98% 28.89 892.08

Strengths and Risks 

While studying Ola Electric, one of the most important things to look at is its strengths along with the possible risks that might impact the company in future while dealing with the global Electric Vehicles industry.

 

Strengths

  • Ola Electric enjoys a highly recognisable brand name that is an advantage for the company in the rapidly expanding electric vehicle market. 
  • The company dedicates itself to innovation and research, which mostly results in the development of flourishing battery and vehicle technologies. 
  • Targeted investments in manufacturing facilities and infrastructure help drive the company’s plans for increasing production capacity.
  • Supportive government regulations and incentives create a positive environment for electric vehicle adoption and business growth.

Risks

  • Competition from both traditional car manufacturers and start-up new entrants will be the main rivals that Ola Electric will have to face in its quest to be the leader in the electric automobile sector.
  • Dependence on materials such as lithium for the production of batteries will make the company highly vulnerable to any disruptions in supply chains and probably price increases.
  • Changes in regulations or even slowdowns in policy support can negatively affect the growth prospects.
  • It should be noted that the level of market acceptance of electric vehicles and the pace at which the technology is adopted in particular areas are still factors that remain uncertain and, thus, directly impact the sales potential.

Conclusion

Ola Electric functions in the exciting and shifting e-vehicle market, which is full of ample possibilities and obstacles. The combination of foresight and the correct business strategy not only places the company in an advantageous position but also keeps a watch on the competition and the market’s ambiguous nature. Keeping abreast of company news and industry developments will be the key to getting a good grip on the company’s future moves in this transforming environment. Improve your investment approach by using platforms that offer comprehensive market analysis, professional guidance, and tailored investment solutions.

 

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