Ola Electric Mobility Share Price: Trends &
Performance
The Ola Electric Mobility Ltd (OLAELEC) share price
on September 3, 2025, sits at ₹68.99 on the NSE. The stock achieved a
high of ₹68.70, making it one of the top gainers on the Midcap indices, with a
monthly surge of 55% boosted by positive government incentives.
Key Share Price Metrics
|
Metric |
Value |
|
Current Price |
₹68.99 |
|
Today's High/Low |
₹68.70 / ₹61.15 |
|
Market Cap |
₹30,188 Cr |
|
52-Week High/Low |
₹124 / ₹39.6 |
|
1-Year Price Return |
-45% |
|
Recent Trend |
+55% in last month |
Ola Electric Mobility IPO: Details & Highlights
The Ola Electric Mobility IPO opened for public
subscription between August 2 and August 6, 2024, and shares were listed on
August 9, 2024. The IPO was among the largest in the EV sector, drawing strong
demand from both institutional and retail investors.
IPO Quick Facts
- Issue
Size: ₹6,145.56 crore (fresh issue and OFS).
- Price
Band: ₹72–₹76 per share.
- Lot
Size: 195 shares (₹14,820 minimum application).
- Listing
Date: August 9, 2024 (NSE & BSE).
- Face
Value: ₹10 per share.
- Allotment
& Demand: IPO was oversubscribed reflecting positive sentiment.
Financial Performance & Business Strength
Ola Electric has rapidly become India’s largest electric
two-wheeler (E2W) manufacturer, commanding a 19.6% market share in Q1
FY26 and delivering 68,192 units during that quarter. The company's
consolidated FY 2025 revenue was ₹4,514 crore, down slightly from ₹5,010 crore
in 2024.
Financial Figures (FY25)
|
Metric |
FY25 Value |
|
Revenue |
₹4,514 Cr |
|
Net Profit (Loss) |
-₹2,276 Cr |
|
ROE |
-108% |
|
ROCE |
-28.1% |
Additional notes:
- Ola
Electric has dramatically reduced debt in recent quarters.
- The
company stands to benefit from government PLI (Production Linked
Incentive) schemes, which are expected to aid profitability from Q2 FY26.
- Despite
strong sales growth, profitability remains a challenge given persistent
losses and capital expenditures.
Sector Leadership & Peer Comparison
Ola Electric leads the rapidly growing E2W space, competing
with established players like Bajaj Auto, Eicher Motors, TVS Motor, Hero
Motocorp, and Ather Energy.
|
Company |
Share Price |
Market Cap (Cr) |
ROCE (%) |
FY25 Profit (Cr) |
Sales Qtr (Cr) |
|
Bajaj Auto |
₹9,030.50 |
2,52,325 |
28.06 |
2,210.44 |
13,133 |
|
TVS Motor |
₹3,369.60 |
1,60,094.90 |
15.35 |
642.86 |
12,210 |
|
Eicher Motors |
₹6,349.00 |
1,74,091.97 |
29.81 |
1,205.22 |
5,041 |
|
Hero Motocorp |
₹5,312.00 |
1,06,313.56 |
30.34 |
1,705.65 |
9,727 |
|
Ola Electric |
₹68.99 |
30,188 |
-28.09 |
-2,276 |
828 |
|
Ather Energy |
₹496.70 |
18,511.48 |
-65.71 |
-178.20 |
644 |
Risks & Opportunities
- Pros:
Largest E2W manufacturer, high sales growth, reduced debt, government
support.
- Cons:
Persistent losses, negative ROE/ROCE, trading well above book value,
competition from established auto giants.
- PLI
Scheme Impact: PLI-certified Gen2/Gen3 scooters qualify the company
for 13–18% incentives until 2028, likely improving margins.
Investor Takeaway
Ola Electric Mobility offers exposure to India’s EV
revolution but remains a volatile investment due to financial losses and
competitive pressures. Watch for improvements in profitability (expected from
Q2 FY26), government policy support, and sustainable market expansion to drive
future share price gains.
