Ola Electric Mobility plans rights issue
Ola Electric Mobility (OLAELEC) said it has taken up rights issue. The company is valued at about ₹16,810 crore.
What happened
Ola Electric Mobility (OLAELEC) told the exchanges on 7 October 2026 at 06:59 PM that it has taken up rights issue.
Company snapshot
Ola Electric Mobility is a small-cap company in the Automobile and Auto Components sector, with a market value of about ₹16,810 crore.
The stock last traded at ₹36.32, against a 52-week range of ₹22.25–₹57.95 (37.3% below the high).
Before this filing the shares had moved −2.1% over the month and −13.5% over three months. Average daily turnover over the last 20 sessions was about ₹378 crore.
Promoters held 32.97% at the end of Q1 FY27. Foreign institutions owned 4.11% and domestic institutions 12.16%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 828 | -428 | -0.97 |
| Q2 FY26 | 690 | -418 | -0.95 |
| Q3 FY26 | 470 | -487 | -1.1 |
| Q4 FY26 | 265 | -500 | -1.13 |
| Q1 FY27 | 455 | -336 | -0.75 |
What history shows
BCEIE's records show 8 previous fund raising filings from the company since May 2026.
After those filings, the stock gained 0.0% on average the next trading day and was up 4.6% on average after five days (5 filings with price data).
Across 66 similar disclosures by other Automobile and Auto Components companies, shares moved +0.5% on average the next day and +0.1% over five days; 52% of them rose the next day.
Market-wide, 1,515 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 28 Sept 2026 | Fund raising | −2.5% | — |
| 28 Sept 2026 | Ola Electric Mobility Limited has informed Exchange that the Board… | −2.5% | — |
| 23 Sept 2026 | 'Company Statement'. | −8.1% | −11.4% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 7 October 2026: Board meeting — Fund Raising/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Ola Electric: Bhavish Aggarwal Commits 4.32% Stake For Rights Issue Funding
- What Ola Electric Mobility Had To Prove And Revenue Was Not Enough
- Ola Electric shares fall 9% after four-session rally; board to consider rights issue
- Bhavish Aggarwal backs Ola Electric rights issue with own 4.32% stake
- Ola Electric Mobility Stock Jumps 3% Ahead Of Board Meeting; Key Details Inside
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.