'Intimation on closure of the Issue Period of the Rights Issue'
As filed · Ola Electric Mobility Limited has informed the Exchange regarding 'Intimation on closure of the Issue Period of the Rights Issue'.
What happened
FactIntimation on closure of the Issue Period of the Rights Issue'. Intimation of closure of the Issue period of the Rights Issue of Ola Electric Mobility. In view thereof, please note that the Rights Issue opened on October 22, 2026 and will close today i.e.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnThe parity on cell cost will be around 3-5 GWh. That target remains the same.
The rollout of our own cell into our vehicles has started already.
Change
FactImplication
CapitSignal interpretationCapex
WithdrawnFor the remaining period of FY26, auto capex would largely be around 3300 Cr (including capitalised R&D) as we don't plan any major new product or manufacturing capex this year.
The only investments will be new products that we bring in, limited R&D CapEx that will be needed for new products since the platform is shared.
Change
FactImplication
CapitSignal interpretationCapex
RevisedThis quarter also commissioned our Gigafactory, 2.5 GWh capacity, and by March we will be scaling up to 5.9 GWh.
The parity on cell cost will be around 3-5 GWh. That target remains the same.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
- Through FY27, a ₹1,000 crore number to us seems to be a median guidance on what we can achieve. (management committed by FY27)
- We have said Q4, which is when it launches, we should do about a ₹100 crore revenue, which means about 7,000-8 (management committed by Q4 FY26)
Evidence
- Ola Electric Mobility Limited has informed the Exchange regarding 'Intimation on closure of the Issue Period of the Rights Issue'.(opens the original filing in a new tab)
- Earlier statement · Q2 FY26
- Latest statement · Q2 FY26
- Earlier statement · Q1 FY26
- Latest statement · Q2 FY26
- Earlier statement · Q2 FY26
- Latest statement · Q2 FY26
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%