Ola Electric ₹1k cr rights issue: Check dates, per share price, face value, premium, record date, ratio - Details
Ola Electric left its position unchanged in a corporate actions development with October 13 in focus.
· LiveMint Markets
Ola Electric has approved a rights issue of up to ₹1,000 crore, offering 37.03 crore shares at ₹27 each. Shareholders holding stock on October 13, 2026, will be eligible for two rights shares for every 25 shares held. The issue is scheduled to open October 22 and close October 30.
Key facts
- Dates in focus
- October 13, October 22 and October 30
The analysis
Ola Electric reported ₹1, ₹1,000 crore and ₹27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -5.6% on the day at ₹33.18, and has returned -12.2% over three months. It sits 35% below its 52-week high, which means a good deal of bad news was already in the price. The auto sector has moved -7.7% over the same period, so Ola Electric is running 4.5 points behind its peers.
For Ola Electric, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Why it matters
- Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
Market context
- In focus: Ola Electric (OLAELEC), in Auto.
- Over three months: Ola Electric -12.2% against Auto -7.7% (4.5 points behind).
- At least 25% below the 52-week high: Ola Electric (35%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Ola ElectricOLAELEC · Auto | ₹33.18 | -5.6% | -10.1% | -12.2% | -35.1% | 0.7× | — |
Auto
1M -5.8% · 3M -7.7%
Ola Electric
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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