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Company Information

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OLA ELECTRIC MOBILITY LTD.

28 October 2026 | 11:24

Industry >> Auto - 2 & 3 Wheelers

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ISIN No INE0LXG01040 BSE Code / NSE Code 544225 / OLAELEC Book Value (Rs.) 7.90 Face Value 10.00
Bookclosure 13/10/2026 52Week High 51 EPS 0.00 P/E 0.00
Market Cap. 17107.97 Cr. 52Week Low 23 P/BV / Div Yield (%) 4.46 / 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