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    OLA ELECTRIC MOBILITY LTD.

    24 February 2026 | 11:39

    Industry >> Auto - 2 & 3 Wheelers

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    ISIN No INE0LXG01040 BSE Code / NSE Code 544225 / OLAELEC Book Value (Rs.) 8.74 Face Value 10.00
    Bookclosure 52Week High 71 EPS 0.00 P/E 0.00
    Market Cap. 11327.01 Cr. 52Week Low 26 P/BV / Div Yield (%) 2.94 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.

    Our Company was incorporated as `Ola Electric Mobility Private Limited' at Bengaluru, Karnataka as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated February 3, 2017, issued by the Registrar of Companies, Central Registration Centre. Subsequently, our Company was converted to a public limited company and the name of our Company changed to `Ola Electric Mobility Limited' pursuant to a Shareholders' resolution dated October 5, 2023 and a fresh certificate of incorporation dated November 17, 2023 was issued by the RoC.


    Major Events and Milestones:
    2022
    -Started delivery of S1 Pro through OET, our Material Subsidiary
    -Establishment of Ola Futurefactory

    2023
    -Establishment of OLA BIC in Bengaluru through OET, our Material Subsidiary
    -Our Company entered into a memorandum of understanding with the Government of Tamil Nadu for Ola EV Hub
    -Launch of first experience centre by Ola Fleet Technologies Private Limited
    -Started delivery of Ola S1 through OET, our Material Subsidiary

    2024
    -Our Company became the first E2W company to cross 50,000 registrations in a single month (Source: Redseer Report)
    -Our Company crossed 500,000 registrations in under 30 months
    -Launch of 500th experience centre by Ola Fleet Technologies Private Limited
    -Ola Electric Mobility Limited has strengthens market leadership, launches electric motorcycles and announces integration of its own cells in EVs by Q1 FY26 
    -Ola Electric Mobility Limited launches 'Network Partner Program', onboards over 600 partners to accelerate EV adoption and #EndICEAge PAN India
    -Ola Electric Mobility Limited has launches 'BOSS - Biggest Ola Season Sale', offers S1 portfolio starting at Rs.49,999 and festive offers worth up to Rs.40,000
    -Ola Electric's Futurefactory wins Five Gold Awards at ICQCC 2024
    -Ola Electric Launches Gig and S1 Z range of scooters to democratize electric mobility

    2025
    -Ola Electric takes the S1 Portfolio to the  Next Level  with Gen 3 launches 8 new scooters across mass and premium segments
    -Ola Electric Mobility Limited has got sanctioned order for Production Linked Incentive Scheme for Automobile and Auto Components from the Government of India, Ministry of Heavy Industries.
    -Ola Electric achieves 1 million production milestone
    -Ola Electric Launches Ola Celebrates India Campaign; Introduces MuhuratMahotsav with EVs now starting at Rs.49,999

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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