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Ola Electric Mobility Ltd. makes a weak debut on the bourses with scrip got listed at Rs 75.99 on the Bombay Stock Exchange, a 0.01 per cent discount to its issue price of Rs 76.00. On the National Stock Exchange, the stock was listed at Rs 76.00.
The company, which raised 80.86 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 8,086.26 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Aug 02 to Aug 06.
Following a weak opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.
The company anticipates using the proceeds of the issue for .
ICICI SECURITIES LTD,Citigroup Global Markets India Pvt.Ltd.,Axis Capital Ltd.,Goldman Sachs (India) Securities Pvt. Ltd.,Kotak Mahindra Capital Company Limited,BOB Capital Market,BofA Securities India Limited,SBI Capital Markets Ltd. as lead managers & Link intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 78,886.22, down 581.79 points, or 0.73 per cent.
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