{"id":331341,"date":"2026-10-29T10:09:25","date_gmt":"2026-10-29T04:39:25","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=331341"},"modified":"2026-10-29T10:09:25","modified_gmt":"2026-10-29T04:39:25","slug":"ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/","title":{"rendered":"Ola Electric Rights Issue Fully Subscribed at Rs 27: What It Means for the Share Price, Dilution and the Losses"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>The Ola Electric rights issue of Rs 1,000 crore was fully subscribed by Wednesday, 28 Oct 2026, with 37,13,59,420 shares applied for against 37,02,72,665 on offer, about 100.3% (my calculation), while the stock traded at Rs 35.57 on the NSE, down 2.97%, around 9:46 AM IST on 29 Oct after closing at Rs 36.66 the day before.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Ola Electric rights issue is fully subscribed, with applications for 37,13,59,420 shares against 37,02,72,665 on offer as of 28 Oct 2026, which is about 100.3% of the issue (my calculation), and two days of the window remain. The price is Rs 27 a share, a discount of about 26%, and promoter Bhavish Aggarwal fully took up his entitlement. The stock was Rs 35.57, down 2.97%, around 9:46 AM IST on 29 Oct after a 23% rally over two sessions, but the company reported a net loss of Rs 336 crore on revenue of Rs 484 crore in the June 2026 quarter. This is educational and not a recommendation.<\/p>\n<\/p><\/div>\n<p>A fully subscribed rights issue is a sign that existing shareholders, led by the promoter, have put in fresh money, but it does not show that the business has turned around. This article explains what the Ola Electric rights issue involves, what the subscription data shows, how the discount and dilution work, what the latest results say and what the chart shows at 9:46 AM IST.<\/p>\n<p>Two flags. The rights ratio, record date, next results date, cash and debt position and analyst views were not in the sources I could read, so I do not state them. Also, headlines mention an 11% rise over a week while one report gave a 23% rise over two sessions, which are different measures. It is educational and not advice.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Ola_Electric_Rights_Issue_Key_Facts\" title=\"Ola Electric Rights Issue: Key Facts\">Ola Electric Rights Issue: Key Facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Reading_the_Subscription_What_a_Fully_Subscribed_Rights_Issue_Does_and_Does_Not_Say\" title=\"Reading the Subscription: What a Fully Subscribed Rights Issue Does and Does Not Say\">Reading the Subscription: What a Fully Subscribed Rights Issue Does and Does Not Say<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Dilution_and_Discount_How_the_Ola_Electric_Rights_Issue_Affects_Shareholders\" title=\"Dilution and Discount: How the Ola Electric Rights Issue Affects Shareholders\">Dilution and Discount: How the Ola Electric Rights Issue Affects Shareholders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Price_Reaction_How_the_Market_Treated_the_Ola_Electric_Rights_Issue\" title=\"Price Reaction: How the Market Treated the Ola Electric Rights Issue\">Price Reaction: How the Market Treated the Ola Electric Rights Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Financial_Picture_Why_the_Ola_Electric_Rights_Issue_Was_Needed\" title=\"Financial Picture: Why the Ola Electric Rights Issue Was Needed\">Financial Picture: Why the Ola Electric Rights Issue Was Needed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Chart_Check_Ola_Electric_Share_Price_at_9_46_AM_IST\" title=\"Chart Check: Ola Electric Share Price at 9:46 AM IST\">Chart Check: Ola Electric Share Price at 9:46 AM IST<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Risks_in_the_Ola_Electric_Rights_Issue\" title=\"Risks in the Ola Electric Rights Issue\">Risks in the Ola Electric Rights Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Conclusion_The_Ola_Electric_Rights_Issue_Buys_Time_Not_Profit\" title=\"Conclusion: The Ola Electric Rights Issue Buys Time, Not Profit\">Conclusion: The Ola Electric Rights Issue Buys Time, Not Profit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Is_the_Ola_Electric_rights_issue_fully_subscribed\" title=\"Is the Ola Electric rights issue fully subscribed?\">Is the Ola Electric rights issue fully subscribed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#What_is_the_price_of_the_Ola_Electric_rights_issue\" title=\"What is the price of the Ola Electric rights issue?\">What is the price of the Ola Electric rights issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Did_Bhavish_Aggarwal_subscribe_to_the_Ola_Electric_rights_issue\" title=\"Did Bhavish Aggarwal subscribe to the Ola Electric rights issue?\">Did Bhavish Aggarwal subscribe to the Ola Electric rights issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#What_is_the_Ola_Electric_share_price_today_after_the_rights_issue\" title=\"What is the Ola Electric share price today after the rights issue?\">What is the Ola Electric share price today after the rights issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Why_does_the_Ola_Electric_rights_issue_matter_for_existing_shareholders\" title=\"Why does the Ola Electric rights issue matter for existing shareholders?\">Why does the Ola Electric rights issue matter for existing shareholders?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#What_do_the_latest_results_show_behind_the_Ola_Electric_rights_issue\" title=\"What do the latest results show behind the Ola Electric rights issue?\">What do the latest results show behind the Ola Electric rights issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#What_information_about_the_Ola_Electric_rights_issue_is_missing\" title=\"What information about the Ola Electric rights issue is missing?\">What information about the Ola Electric rights issue is missing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share-price-dilution-and-the-losses\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Ola_Electric_Rights_Issue_Key_Facts\"><\/span><strong>Ola Electric Rights Issue: Key Facts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Ola Electric rights issue: item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue size<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,000 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rights issue price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 27 per share, about 26% below the market price when announced<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shares on offer<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">37,02,72,665<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shares applied for (28 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">37,13,59,420, about 100.3% of the issue (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Promoter participation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bhavish Aggarwal took up his full entitlement<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Holding<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Direct holding 26.5%; promoter group 32.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Share price, 9:46 AM IST, 29 Oct<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 35.57, down 2.97%; previous close Rs 36.66<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rights entitlement price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A rights entitlement trades around Rs 1.34<\/td>\n<\/tr>\n<\/table>\n<p>The Ola Electric rights issue works like this: existing shareholders are offered new shares at a fixed price in proportion to their holding, and they can take them up, sell the right to buy, or let it lapse. At Rs 27 against a market price near Rs 36, the right itself has value, which is why entitlements trade near Rs 1.34. The subscription of about 100.3% means the issue has met its size with two days left.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Track Ola Electric and other auto stocks on Univest<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Reading_the_Subscription_What_a_Fully_Subscribed_Rights_Issue_Does_and_Does_Not_Say\"><\/span><strong>Reading the Subscription: What a Fully Subscribed Rights Issue Does and Does Not Say<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Ola Electric rights issue: what it shows<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What it does not show<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Existing holders and the promoter put in fresh money<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">That demand for electric scooters is improving<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">The company can raise Rs 1,000 crore without an outside underwriter<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">That the money will be enough to reach profit<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Confidence from the promoter, who took up the full entitlement<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">That the share price will stay above Rs 27<\/td>\n<\/tr>\n<\/table>\n<p>A subscription of 100.3% is a pass mark and not a distinction. It shows the issue will raise its target, but 0.3% oversubscription leaves no cushion, and the figures can move before the issue closes. The Ola Electric rights issue gives the company funds to continue, which matters for a firm that is still losing money.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get alerts on the Ola Electric share price.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dilution_and_Discount_How_the_Ola_Electric_Rights_Issue_Affects_Shareholders\"><\/span><strong>Dilution and Discount: How the Ola Electric Rights Issue Affects Shareholders<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Ola Electric rights issue: shareholder choice for a rights entitlement<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Effect<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Take up the full entitlement<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Holding percentage stays the same, but you invest more money at Rs 27<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sell the entitlement<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">You receive a small amount (around Rs 1.34 per right) but your holding percentage falls<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Let it lapse<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">You get nothing for the right and your holding percentage falls<\/td>\n<\/tr>\n<\/table>\n<p>The Ola Electric rights issue adds about 37.03 crore new shares. If the data provider&#8217;s market capitalisation of Rs 18,335 crore at Rs 35.57 implies roughly 515 crore existing shares, the new shares are about 7% of that base (my rough calculation, which assumes the market capitalisation excludes the new shares). A shareholder who does not take part is diluted by about that proportion. The discount makes the new shares lower-priced than the market price, but it also resets the price at which fresh money comes in.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Price_Reaction_How_the_Market_Treated_the_Ola_Electric_Rights_Issue\"><\/span><strong>Price Reaction: How the Market Treated the Ola Electric Rights Issue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When the Ola Electric rights issue was announced in early October at Rs 27, a discount of about 26%, the shares fell nearly 10% in a day, as markets usually mark down a stock when new shares are priced well below the market. Since then the stock has recovered and rallied about 23% over two sessions to Rs 36.66 on 28 Oct. The pullback to Rs 35.57 on 29 Oct is a small part of that move.<\/p>\n<p>A rights entitlement is a tradable right to buy the new shares, and its price moves with the gap between the market price and Rs 27. At Rs 35.57 the gap is Rs 8.57, yet the entitlement trades near Rs 1.34, so the market is pricing in the cost of paying Rs 27 in cash, the time value and the risk that the share price falls before the issue closes (my interpretation). If you hold a rights entitlement, check the last date to apply or sell it with your broker, since an unused right lapses.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Picture_Why_the_Ola_Electric_Rights_Issue_Was_Needed\"><\/span><strong>Financial Picture: Why the Ola Electric Rights Issue Was Needed<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Ola Electric rights issue: latest reported quarter (June 2026)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Rs crore<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">484<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net loss<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">336<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net loss as a share of revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 69% (my calculation)<\/td>\n<\/tr>\n<\/table>\n<p>A loss of Rs 336 crore on Rs 484 crore of revenue means the company spends far more than it earns, and the Ola Electric rights issue of Rs 1,000 crore is about three times the quarterly loss (my calculation). That is roughly three quarters of funding at the current rate if losses do not change. The company has also shifted from direct-to-consumer sales to a dealer network, which can raise reach but changes working capital and margins. I could not read the cash, debt or next results date.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chart_Check_Ola_Electric_Share_Price_at_9_46_AM_IST\"><\/span><strong>Chart Check: Ola Electric Share Price at 9:46 AM IST<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Indicator<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Value<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price (NSE)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 35.57, down 2.97%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Pulling back after a 23% rally in two sessions<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">RSI<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">54.87<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Neutral to mildly positive<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">20-day EMA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 34.50<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price is about 3.1% above it (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Supertrend<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 29.58<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bullish; price is about 20% above it (my calculation)<\/td>\n<\/tr>\n<\/table>\n<p>After the rally, a pullback is normal. The price holds above the 20-day average of Rs 34.50, and the Supertrend line at Rs 29.58 is far below, so the short-term trend remains positive. The rights price of Rs 27 is also a reference many holders will watch. For the Ola Electric rights issue, the chart says momentum is intact, but the wide gap to the Supertrend means a fall can be steep.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_in_the_Ola_Electric_Rights_Issue\"><\/span><strong>Risks in the Ola Electric Rights Issue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Continued losses.<\/strong> A net loss of Rs 336 crore per quarter can use up the Rs 1,000 crore from the Ola Electric rights issue within a few quarters.<\/li>\n<li><strong>Dilution.<\/strong> In the Ola Electric rights issue, shareholders who do not take part see their holding fall by roughly 7% (my rough calculation).<\/li>\n<li><strong>Price risk after the rally.<\/strong> The stock rose 23% in two sessions and fell 2.97% on 29 Oct, so reversals can be quick.<\/li>\n<li><strong>Thin cushion.<\/strong> Subscription of about 100.3% leaves little margin if applications are withdrawn.<\/li>\n<li><strong>Missing information.<\/strong> The rights ratio, record date and results date were not in my sources.<\/li>\n<li><strong>Sector pressure.<\/strong> Beyond the Ola Electric rights issue, competition, subsidy changes and weak markets can affect electric two-wheeler demand.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_The_Ola_Electric_Rights_Issue_Buys_Time_Not_Profit\"><\/span><strong>Conclusion: The Ola Electric Rights Issue Buys Time, Not Profit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Ola Electric rights issue is fully subscribed at Rs 27 and the promoter took up his entitlement, which secures funding for now. The business is still loss-making, the stock has run up sharply, and dilution applies to those who do not take part. Read the offer document, watch the next results, and decide based on your own risk profile.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Ola_Electric_rights_issue_fully_subscribed\"><\/span><strong>Is the Ola Electric rights issue fully subscribed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. As of Wednesday, 28 Oct 2026, applications were for 37,13,59,420 shares against 37,02,72,665 on offer, about 100.3% of the issue (my calculation). Two days of the window remained at that point.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_price_of_the_Ola_Electric_rights_issue\"><\/span><strong>What is the price of the Ola Electric rights issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The rights issue price is Rs 27 per share, about 26% below the market price when announced. The issue raises Rs 1,000 crore in total.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_Bhavish_Aggarwal_subscribe_to_the_Ola_Electric_rights_issue\"><\/span><strong>Did Bhavish Aggarwal subscribe to the Ola Electric rights issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, he took up his full entitlement. His direct holding is 26.5% and the promoter group holds 32.9%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Ola_Electric_share_price_today_after_the_rights_issue\"><\/span><strong>What is the Ola Electric share price today after the rights issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Ola Electric share price was Rs 35.57 on the NSE, down 2.97%, around 9:46 AM IST on 29 Oct 2026. It closed at Rs 36.66 on 28 Oct after a 23% rise over two sessions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_the_Ola_Electric_rights_issue_matter_for_existing_shareholders\"><\/span><strong>Why does the Ola Electric rights issue matter for existing shareholders?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> They can take up the shares at Rs 27, sell the entitlement or let it lapse. Those who do not take part are diluted by about 7% (my rough calculation) because about 37.03 crore new shares are created.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_the_latest_results_show_behind_the_Ola_Electric_rights_issue\"><\/span><strong>What do the latest results show behind the Ola Electric rights issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, revenue was Rs 484 crore and the net loss was Rs 336 crore. The company has also shifted from direct-to-consumer sales to a dealer network.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_information_about_the_Ola_Electric_rights_issue_is_missing\"><\/span><strong>What information about the Ola Electric rights issue is missing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The rights ratio, record date, next results date, cash and debt position and analyst views were not in the sources I could read. Check the offer document and exchange filings for these.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is the Ola Electric rights issue fully subscribed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. As of Wednesday, 28 Oct 2026, applications were for 37,13,59,420 shares against 37,02,72,665 on offer, about 100.3% of the issue (my calculation). Two days of the window remained at that point.\"}},{\"@type\":\"Question\",\"name\":\"What is the price of the Ola Electric rights issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The rights issue price is Rs 27 per share, about 26% below the market price when announced. The issue raises Rs 1,000 crore in total.\"}},{\"@type\":\"Question\",\"name\":\"Did Bhavish Aggarwal subscribe to the Ola Electric rights issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, he took up his full entitlement. His direct holding is 26.5% and the promoter group holds 32.9%.\"}},{\"@type\":\"Question\",\"name\":\"What is the Ola Electric share price today after the rights issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Ola Electric share price was Rs 35.57 on the NSE, down 2.97%, around 9:46 AM IST on 29 Oct 2026. 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See the subscription data, the discount, dilution, the losses, chart levels and risks.<\/p>\n","protected":false},"author":34,"featured_media":331340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[17544,17541,17540,17542,17543,14929,11054,14931,14935,17545],"class_list":["post-331341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bhavish-aggarwal-rights-issue","tag-ola-electric-dilution","tag-ola-electric-fully-subscribed","tag-ola-electric-loss","tag-ola-electric-q1-results","tag-ola-electric-rights-entitlement","tag-ola-electric-rights-issue","tag-ola-electric-rights-issue-price-27","tag-ola-electric-share-price","tag-ola-electric-stock"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["331340"],"rank_math_title":["Ola Electric Rights Issue Fully Subscribed: Share Price Impact"],"rank_math_description":["Ola Electric rights issue of Rs 1,000 crore is fully subscribed at Rs 27 a share. See the subscription data, the discount, dilution, the losses, chart levels and risks."],"rank_math_focus_keyword":["Ola Electric rights issue"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/ola-electric-rights-issue-fully-subscribed-at-rs-27-what-it-means-for-the-share.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/331341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=331341"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/331341\/revisions"}],"predecessor-version":[{"id":331342,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/331341\/revisions\/331342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/331340"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=331341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=331341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=331341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}