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Ola Electric Shares

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Ola Electric

DMAT

PUBLIC LIMITED

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Ola Electric Essentials

As of April 30, 2026, OLA ELECTRIC MOBILITY, Listed Shares are trading at ₹37.50 per share.

ISIN

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INE0LXG01016

Face Value

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10

Total Shares

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1,95,54,49,972

Market Cap

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7,332.94 Cr

Profit After Tax

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-1,472.08 Cr

Total Revenue

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2,631.8 Cr

P/B

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2.44

Sector

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Consumer Discretionary

Sub-sector

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Two Wheelers

Category

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Listed

Cashflow - Operations

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-1,507.27 Cr

About Ola Electric

  • Ola Electric Mobility Private Limited generates its revenue primarily from the sale of scooters, vehicle accessories, spare parts for vehicle repairs, chargers, and related services.
  • It is one of the key players in India's electric vehicle (EV) industry and has highest market share of  40.1% as of December 2023.
  • Ola Future factory is India's largest automated E2W manufacturing plant with an installed capacity of one million units per year. Ola Electric plans to double its electric vehicle manufacturing capacity from one million units per annum to two million units per annum by May 2024.
  • Bhavish Aggarwalfounded the company with a vision to reduce global emissions and fossil fuel dependency by making India the epic centre of electrification.
  • As of October 31, 2023, the charging network comprises 224 hyper charger guns across 17 states in India, and the company plans to add approximately 900 hyper charger guns over FY25 and FY26.
  • The company has built largest self owned EV experience centre comprising of 935 canters and 414 service centers.
  • Company is working on developing cell technologies and manufacturing processes. Ola Cell Technologies (a wholly owned subsidiary of Ola electric) has created the '4680', a 46x80 mm cylindrical cell expected to replace the 21x70 mm cell. This larger cell offers higher energy density, increasing the vehicle's driving range, a faster charging rate, improved heat dissipation performance, and reduced production costs.
  • Till date, the company raised a total investment of ₹5,838 Crore in different funding rounds giving it a pre-money valuation of ₹48,727 Crore. In July 2023, Ola Electric raised ₹1,163 Crore in Series E funding. The post-money valuation of the company stands to be ₹49,890 Crore
  • Ola Electric Mobility Private Limited was incorporated as a Private Limited company on 3rd of February 2017 and headquartered in Bangalore, Karnataka.

Capital Structure of the company as on 31st March 2023:

Security Type
Total Number of outstanding shares (Pre conversion)
Total Number of dilutive outstanding shares (Post conversion)
Equity (FV: ₹10)
1,95,54,49,972
1,95,54,49,972
Series A CCPS (FV: ₹10)
43,81,62,753
38,67,42,203
Series A1 CCPS (FV: ₹10)
14,25,44,269
13,60,39,634
Series B CCPS (FV: ₹10)
84,70,75,656
77,24,24,072
Series C1 CCPS (FV: ₹10)
4,50,44,769
4,10,81,423
Series C CCPS (FV: ₹10)
23,99,39,690
21,73,55,781
Series D CCPS (FV: ₹10)
9,69,28,809
8,84,00,347
Series E CCPS (FV: ₹10)
1,16,36,24,001
8,95,78,826
ESOPS
16,38,50,956
16,38,50,956

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Ola Electric Media

News

Articles

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Ola Electric undertakes internal restructuring, cuts around 1,000 jobs

Ola Electric undertakes internal restructuring, cuts around 1,000 jobs

03 Mar 2025

Moneycontrol

Markets regulator Sebi warns Ola Electric for violating disclosure norms

Markets regulator Sebi warns Ola Electric for violating disclosure norms

07 Jan 2025

Business Standard

Ola Electric sells over 50,000 units, registers 41,605 units in Oct

Ola Electric sells over 50,000 units, registers 41,605 units in Oct

31 Oct 2024

Business Standard

Ola Electric

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