Mobility

Ola Electric Wheelchair Allotment Price Strikes Three-Week Low As Support Investors Ready To Unload Stake

.Reveals of Ola Electric Movement Ltd. lowered to over three-week short on Monday, as anchor investors are actually set to offer portions. In the preliminary of portion purchase, anchor real estate investors will certainly discharge 18.17 crore allotments or even 4.08% of its overall equity. Support financiers are actually demanded to hold risk for a lowest of 1 month. They may sell up to 50% of their existing holding. The following round of support book is actually offered available for sale on Nov. 8. Ola Electric Range of motion stock specified standard on Aug. 9, matched up to a concern price of Rs 76 each. On the listing time, the supply finished 20% higher at Rs 91.2 apiece on the National Stock Market.