Ola Electric Mobility plans rights issue
Ola Electric Mobility (OLAELEC) said it has taken up rights issue. The company is valued at about ₹15,297 crore.
What happened
In a filing with the BSE on 22 October 2026 at 10:56 AM, Ola Electric Mobility (OLAELEC) said that it has taken up rights issue.
From the filing: "Intimation as per Regulation 77B(2) of SEBI (ICDR) Regulations, 2018 regarding confirmation of applicability submitted by Specific Investors in respect of Rights Issue of partly paid-up ...."
Company snapshot
Ola Electric Mobility is a small-cap company in the Automobile and Auto Components sector, with a market value of about ₹15,297 crore.
The stock last traded at ₹33.05, against a 52-week range of ₹22.25–₹54.37 (39.2% below the high).
Before this filing the shares had moved −9.2% over the month and −9.9% 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 11 previous fund raising filings from the company since May 2026.
After those filings, the stock fell 1.4% on average the next trading day and was up 0.0% on average after five days (9 filings with price data).
Across 67 similar disclosures by other Automobile and Auto Components companies, shares moved +0.3% on average the next day and −0.1% over five days; 51% of them rose the next day.
Market-wide, 1,623 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 |
|---|---|---|---|
| 7 Oct 2026 | 'Submission of Letter of Offer for Rights Issue of partly paid-up… | −3.3% | −1.4% |
| 7 Oct 2026 | Company Statement dated October 07, 2026 | −3.3% | −1.4% |
| 7 Oct 2026 | Record date for the purpose of Rights Issue is 13-Oct-2026. | −3.3% | −1.4% |
| 7 Oct 2026 | Board of Directors at its meeting held on October 07, 2026, has… | −3.3% | −1.4% |
| 28 Sept 2026 | Fund raising | −2.5% | −4.1% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
- Ola Electric Mobility Shares Fall 3% After Company Approves Rs 1,000 Crore Rights Issue
- Ola Electric ₹1k cr rights issue: Check dates, per share price, face value, premium, record date, ratio - Details
- Ola Electric QIP raises INR 780 crore as issue is oversubscribed by 56 per cent
- Ola Electric Mobility share nosedives 10% after board clears Rs 1,000 crore rights issue | Key details
- Ola Electric flags risk of inaccurate sales data after scrutiny over 25,000-unit disclosure
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.