Ola Electric’s IPO has been subscribed 1.15 times as of the third day, with full subscription by the end of day 2. Bids totaled 53,64,11,850 shares against 46,51,59,451 offered. Retail investors’ quota was 3.10 times subscribed, while NII was 1.28 times. The grey market premium (GMP) stands at Rs 2.50, or 3.3%.
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