Investor enthusiasm builds as Ola Electric moves toward ₹7,500 crore IPO

Ola Electric has initiated its ₹7,500 crore IPO plan, seeking funds to expand EV manufacturing, battery localization, and charging infrastructure. The prospectus outlines allocations for R&D, supply-chain integration, and export readiness. Analysts said the issue reflects investor appetite for India’s emerging clean-mobility segment despite uneven profitability across new-age firms. Market participants expect strong retail participation if pricing remains attractive. Bankers added that post-listing valuations could set a benchmark for India’s EV sector as global demand for sustainable transportation accelerates into 2026.