Mumbai: Ola Electrical’s IPO obtained listed on the inventory market right now (August 9). Shares of Ola Electrical Mobility made a robust debut on the inventory trade on Friday, August 9, rising 16 per cent above the IPO allotment worth after robust oversubscription for the general public challenge.

Ola Electrical’s share worth made a sluggish debut on the Indian inventory market right now because the inventory listed flat in comparison with the problem worth. Ola Electrical shares have been listed on the NSE at Rs 76 per share, whereas its challenge worth was Rs 76 per share.

Ola Electrical shares have been listed on the BSE at Rs 75.99 per share, a reduction of 0.01 per cent.

Ola Electrical’s IPO was subscribed 4.27 instances as a consequence of good response from certified institutional patrons and retail buyers. However the inventory just isn’t anticipated to carry out a lot at first.