FundingMobility & Logistics
Ola Electric allots rights shares, collects ₹600 Cr
By Abha Lohia · Editor ·
Ola Electric: revenue, valuation and funding and every story →
Rights issueBengaluru
- Ola Electric builds electric scooters and motorcycles and is listed on Indian stock exchanges
- It allotted 37.03 crore partly paid shares at ₹27 each, collecting about ₹600 crore with roughly ₹400 crore still due later
- Registrations fell about 10% in October while the wider electric two-wheeler market grew, and SoftBank sold part of its entitlement
What happened
- Ola Electric allotted 37.03 crore partly paid shares.
- The price was ₹27 a share.
- It collected ₹599.84 crore so far.
Why it matters
- Shareholders owe another ₹399.89 crore on a later call.
- The final call is expected by 31 October 2027.
- October registrations fell 10.1% to 12,096 units.
The business
- Ola Electric makes electric two-wheelers.
- The company is listed on the stock exchanges.
The founders
Who put in money
- SoftBank Shareholder — Sold part of its rights entitlement
In numbers
12,096October registrations · 2026
What happens next
- Second call of ₹10.80 per share due by Oct 2027.
Words to know
- Rights issue
- Existing shareholders get the chance to buy new shares at a set price.
The numbers around it
Ola Electric has 9 funding rounds in StopDown's archive.
| When | Round | Amount | Led by |
|---|---|---|---|
| 28 October 2026 | Rights issue | ₹1,000 Cr | |
| 22 October 2026 | Rights issue | ₹1,000 Cr | Motilal Oswal |
| 7 October 2026 | Rights issue | ₹1,000 Cr | |
| 28 September 2026 | rights issue | ₹1,000 Cr | |
| 3 September 2026 | public | Rs 1,500 crore | |
| 2 June 2026 | public | ₹780.24 crore | Goldman Sachs |
| 15 May 2026 | internal investment | ₹2,000 Cr | |
| 26 October 2023 | Round | ₹3,200 Cr | Temasek |
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