Ola Electric Share Price in Focus on Board Approval to Raise ₹1,500 Crore

Ola Electric Mobility Ltd has approved raising up to ₹1,500 crore through equity shares and convertible securities, as per recent reports. The company said the funds could be raised through routes such as a further public offer, rights issue, qualified institutional placement, private placement or any other mode allowed under current regulations. 

The plan was cleared in a board meeting held on October 25, 2025, and will need shareholder and regulatory approvals before moving ahead.

Structure of the Issue

According to the company’s filing with stock exchanges, Ola Electric may issue fully paid-up shares or instruments like warrants, ADRs or GDRs. The price will be decided by the board at a later stage. The company said the official filing has been uploaded on its investor relations page for public access.

Earlier Fundraising Exercises

This is the company’s second major fundraising move since its listing in August 2024, when it raised ₹5,500 crore through its IPO. In May 2025, the board had cleared another plan to raise up to ₹1,700 crore via non-convertible debentures and other debt instruments. That was the company’s first debt raise after going public.

Operational Updates

As per Vahan data, Ola Electric’s market share in India’s electric two-wheeler segment fell to 13.2% in September 2025 from 18.7% in August. The company has also faced regulatory and operational issues, including sales data discrepancies and missing trade certificates at some outlets.

Read More: Ola Launches Ola Shakti and Enters India’s ₹1 Lakh Crore Battery Energy Storage Systems Market!

Ola Electric Mobility Share Price Performance

As of October 27, 2025, 09:39 AM, Ola Electric Mobility share price was trading at ₹51.35, a 2.78% down from the previous closing price.

Conclusion

The ₹1,500 crore fundraising proposal will help Ola Electric access additional capital once all necessary approvals are in place.

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