Mobility

Ola Electric Mobility Allotment Rate Strikes Three-Week Low As Anchor Investors Set To Offload Risk

.Reveals of Ola Electric Wheelchair Ltd. dipped to over three-week short on Monday, as anchor clients are set to offer shares. In the first round of reveal sale, anchor capitalists are going to release 18.17 crore allotments or even 4.08% of its overall equity. Anchor real estate investors are required to hold stake for a minimum of 1 month. They may market up to fifty% of their present holding. The upcoming around of anchor book is readily available up for sale on Nov. 8. Ola Electric Movement supply detailed level on Aug. 9, matched up to an issue cost of Rs 76 each. On the directory time, the stock finished 20% much higher at Rs 91.2 each on the National Stock Market.