Key Objective
initial public offering of 808,699,624# equity shares of face value of
Rs. 10 each of Ola Electric Mobility Limited (The "Company" or the "Company") for cash at a price of Rs. 76 per equity share (including a premium of Rs. 66 per equity share) ("Offer Price") aggregating to
Rs. 6145.56#^ crores (the "Offer") comprising a fresh issue of 723,757,627# equity shares of face value of Rs. 10 each aggregating to Rs. 5500.00#^ crores (the "Fresh Issue") and an offer for sale of 84,941,997# equity shares of face value of Rs. 10 each aggregating to Rs. 645.56# crores (the "Offer for Sale"), consisting of 37,915,211# equity shares of face value of Rs. 10 each aggregating to Rs. 288.16# crores by Bhavish Aggarwal, 4,178,996# equity shares of face value of Rs. 10 each aggregating to
Rs. 31.76# crores by Indus Trust, 295,470# equity shares of face value of
Rs. 10 each aggregating to Rs. 2.25# crores by AB Initio Capital, l.p., 3,782,883# equity shares of face value of Rs. 10 each aggregating to
Rs. 28.75# crores by Alpha Wave Ventures ii, lp, 630,336# equity shares of face value of Rs. 10 each aggregating to Rs. 4.79# crores by Alpine opportunity fund vi, l.p., 601,828# equity shares of face value of Rs. 10 each aggregating to Rs. 4.57# crores by Ashna Advisors llp, 6,360,891# equity shares of face value of Rs. 10 each aggregating to Rs. 48.34# crores by internet fund iii pte ltd, 1,354,978# equity shares of face value of
Rs. 10 each aggregating to Rs. 10.30# crores by macritchie investments pte. ltd., 89,000# equity shares of face value of Rs. 10 each aggregating to
Rs. 0.67# crores by matrix partners india iii aif trust, 3,727,534# equity shares of face value of Rs. 10 each aggregating to Rs. 28.33# crores by matrix partners india investments iii, llc, 358,228# equity shares of face value of Rs. 10 each aggregating to Rs. 2.72# crores by Nuvama Private investments trust-nuvama crossover opportunities fund - series iii, 278,619# equity shares of face value of Rs. 10 each aggregating to Rs. 2.12# crores by nuvama private investments trust-nuvama crossover opportunities fund - series iii a, 278,644# equity shares of face value of Rs. 10 each aggregating to Rs. 2.12# crores by nuvama private investments trust-nuvama crossover opportunities fund - series iii b, 256,530# equity shares of face value of Rs. 10 each aggregating to Rs. 1.95# crores by sarin family india llc, 23,857,268# equity shares of face value of Rs. 10 each aggregating to Rs. 181.32# crores by svf ii ostrich (de) llc and 975,581# equity shares of face value of Rs. 10 each aggregating to Rs. 7.41# crores by tekne private ventures xv, ltd. (collectively, the "selling shareholders" and such equity shares, the "Offered Shares").
The offer included a reservation of 797,101# equity shares of face value of Rs. 10 each, aggregating to Rs. 5.50#^ crores (constituting 0.02% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 18.33% and 18.32% of the post-offer paid-up equity share capital of the company, respectively.
#Subject to finalisation of basis of allotment.
^After employee discount.
%A discount of Rs. 7 per equity share was offered to eligible employees bidding in the employee reservation portion.