Ola Electric Mobility Allotment Cost Reaches Three-Week Low As Anchor Investors Ready To Unload Risk

.Reveals of Ola Electric Wheelchair Ltd. went down to over three-week low on Monday, as anchor financiers are readied to market portions. In the preliminary of share purchase, anchor capitalists will release 18.17 crore portions or even 4.08% of its complete equity.

Anchor financiers are required to hold stake for a minimum required of 30 days. They can sell up to 50% of their existing holding. The upcoming round of support publication is actually readily available available on Nov.

8. Ola Electric Mobility inventory listed flat on Aug. 9, compared to an issue price of Rs 76 each.

On the list day, the inventory ended twenty% higher at Rs 91.2 apiece on the National Stock Exchange.