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Company Information

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OLA ELECTRIC MOBILITY LTD.

30 June 2025 | 12:00

Industry >> Auto - 2 & 3 Wheelers

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ISIN No INE0LXG01040 BSE Code / NSE Code 544225 / OLAELEC Book Value (Rs.) 14.90 Face Value 10.00
Bookclosure 52Week High 157 EPS 0.00 P/E 0.00
Market Cap. 19037.14 Cr. 52Week Low 43 P/BV / Div Yield (%) 2.90 / 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