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To check OLA Electric IPO allotment status, follow this comprehensive guide. This article will help you understand each step clearly and simply. We will cover everything from the IPO details to how you can easily check your allotment status.
Understanding OLA Electric IPO
The OLA Electric IPO opened on August 2, 2024, and closed on August 6, 2024. The price band for the shares was set between ₹72 to ₹76 per share. The allotment of shares will be finalized on August 7, 2024. This IPO has attracted significant interest, with retail investors subscribing 1.57 times their allotted shares.
Key Details of OLA Electric IPO
| Detail | Information |
|---|---|
| Company Name | OLA Electric |
| IPO Open Date | August 2, 2024 |
| IPO Close Date | August 6, 2024 |
| Price Band | ₹72 to ₹76 per share |
| Face Value | ₹10 per share |
| Lot Size | 195 shares |
| Listing Date | August 9, 2024 |
| Registrar | Link Intime India Pvt Ltd |
How to Check OLA Electric IPO Allotment Status
To check the OLA Electric IPO allotment status, follow these steps:
Step-by-Step Guide
- Visit the Official Website
Go to the Link Intime India Pvt Ltd website. - Select the IPO
From the dropdown menu, choose OLA Electric Mobility Ltd IPO. - Enter Required Details
You can use one of the following details:
- Application Number
- Demat Account Number
- PAN (Permanent Account Number)
- Choose Application Type
Select whether your application was ASBA (Applications Supported by Blocked Amount) or non-ASBA. - Fill in the Details
Enter the required information based on your choice above. - Complete the Captcha
Verify that you are not a robot by completing the Captcha. - Submit
Click the Submit button to view your allotment status.
Important Notes
- Ensure that all details entered are correct to avoid errors.
- You can also check your allotment status through your bank or broker, who may send you notifications via email or SMS.
What to Expect After Checking Allotment Status
Once you check the OLA Electric IPO allotment status, you will find out if you have received shares. If you are allotted shares, they will be credited to your Demat account on August 8, 2024. If not, you will receive a refund of the application amount on the same date.
Refund Process
If you do not receive shares, the refund process is straightforward. The amount you applied for will be credited back to your bank account. This process typically takes one day after the allotment results are declared.
Checking the OLA Electric IPO allotment status is a simple process. By following the steps outlined above, you can easily find out if you have been allotted shares. This IPO has generated a lot of interest, and many investors are eagerly waiting for the results.
Make sure to check the allotment status on August 7, 2024, and keep an eye on your email and SMS for updates from your bank or broker. If you have any issues, you can always contact the registrar for assistance.
By understanding how to check the OLA Electric IPO allotment status, you can stay informed and make better investment decisions.
