Ola Electric IPO Day 3: Check GMP and subscription status. Is it worth subscribing as bidding closes today?
The Ola Electric Mobility IPO reached full subscription by the second day of bidding. The employee segment saw the highest subscription rate at 8.98 times. The retail investor segment was subscribed 2.87 times, while the non-institutional investor segment reached 1.11 times subscription. The portion allocated for qualified institutional buyers (QIBs) achieved 40% subscription. According to…