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Ola Electric IPO fully subscribed on day 2
Ola Electric's IPO achieved full subscription on the second day, with shares priced between ₹72 and ₹76 each. The retail category saw almost three times oversubscription, and non-institutional investors slightly exceeded their offered shares. Employee-reserved shares were oversubscribed nearly nine times. Earlier, Ola Electric secured ₹2,763 crore from anchor investors such as Nomura India and SBI Mutual Fund.