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Ola Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of 37.74 per equity share. This fundraising initiative aims to bolster the company amidst slowing sales and market share pressures in the electric two-wheeler... Ola Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fundraising initiative aims to bolster the company amidst slowing sales and market share pressures in the electric two-wheeler sector. The move follows a recent ₹2,000 crore investment into its subsidiaries for enhanced localization and vertical integration. QIP is a way for listed companies to raise money from large institutional investors such as mutual funds, insurance firms, sovereign funds and foreign portfolio investors, without going through a public issue process. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price Why Indian manufacturers may want the rupee to hit 100 Different eras, but current rupee slide has elements of 1991 crisis Can a Rajan-style NRI dollar-deposit scheme save the rupee? Iran war impact: Oil prices may be just one among many to pinch you As West Asia boils, will Dubai’s loss be a GIFT for India? Stock Radar: After a 24% correction, Max Healthcare breaks key resistance level; analysts see long-term potential Choose your reason below and click on the Report button. This will alert our moderators to take action Your Reason has been Reported to the admin. 15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers It seems like you're already an ETPrime member with Login using your ET Prime credentials to enjoy all member benefits Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits. Trump temper on H-1B visas is forcing Indians to do these things to stay put in US What Adani’s US indictment means for India Inc’s overseas fundraising Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer. Will China’s dollar bond sale in Saudi Arabia trump the US in financial world? Huawei launches its own OS to compete with Google and Apple. But can it win beyond China? Why a falling rupee is a better option for the economy A list of top 20 momentum stocks that have delivered massive returns in one year Get daily trade ideas from SEBI-registered research analysts. Grow your wealth with stock ideas & sectoral trends. All-in-one stock research with Stock Score, peer comparison & key signals. Get to know where the market bulls are investing to identify the right stocks.