Ola Electric Mobility Ltd Share Price – NSE /  BSE

Automobile, Small Cap

Ola Electric Mobility has amicably settled all outstanding dues between its wholly owned subsidiary, Ola Electric Technologies, and the Rosmerta Group. As a result, the Rosmerta Group has filed the memo for withdrawal of the petitions filed before the National Company Law Tribunal (NCLT), Bengaluru.

The matter now stands fully resolved. Ola Electric remains committed to fulfilling its obligations and maintaining professional relationships with all stakeholders.

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Ola Electric Mobility has refuted claims of declining sales and regulatory issues, attributing a temporary dip in February 2025 registration figures to an ongoing negotiation with vehicle registration vendors. The company, in a media statement released on Friday, accused former vendors of orchestrating a misinformation and smear campaign following the termination of their contracts.

The electric vehicle manufacturer clarified that the reported backlog in registrations was a direct result of these vendor negotiations, and not indicative of a slowdown in sales. Our sales remain strong, asserted the company, emphasizing that the issue was a straightforward case of a temporary registration backlog.

Ola Electric revealed that daily registration figures are now exceeding 50% of their three-month daily sales average, indicating rapid progress in resolving the bottleneck. 40% of the February backlog has already been cleared, and the remaining will be fully resolved by the end of March 2025, the company assured.

The company further alleged that the controversy stemmed from their decision to discontinue contracts with two nationwide vendors managing their registration process, a move aimed at streamlining operations and boosting profitability. Since then, a coordinated effort has been made to create confusion and trigger unnecessary scrutiny, the statement read.

Ola Electric Mobility is an electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. On a consolidated basis, the company had reported a net loss of Rs 564 crore in the quarter ended December 2024 as against net loss of Rs 376 crore during the quarter ended December 2023. Net sales fell 19.37% year-on-year to Rs 1,045 crore in Q3 FY25 over Q3 FY24.

Shares of Ola Electric Mobility surged 8.40% to Rs 56 on Friday, 21 March 2025.

The stock fell to a record low of Rs 46.32 on 18 March 2025, marking a significant decline since its listing on 9 August 2024. The stock entered the market at Rs 75.99, slightly below its initial public offering (IPO) price of Rs 76. The stock peaked at Rs 157.53 on 20 August 2024.

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Ola Electric Technologies is a wholly owned subsidiary of Ola Electric Mobility, while Rosmerta Digital Services is a subsidiary of Rosmerta Technologies (RTL) and focuses on providing digitally enabled services related to the automotive sector. The company is involved in the distribution of automotive components and accessories through digital platforms.

The petition seeks initiation of the corporate insolvency resolution process (CIRP) against the Ola Electric Technologies. The petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 and submitted to the National Company Law Tribunal (NCLT) ? Bengaluru Bench.

Ola Electric Mobility has sought appropriate legal advice and it strongly disputes the claims made and will take all necessary and appropriate steps to protect its interests and object to the allegations in the aforesaid matter.

Ola Electric Mobility is a manufacturer of electric vehicles (EVs) and certain core components for EVs such as battery packs, motors, and vehicle frames at the Ola Future factory. On a consolidated basis, the company had reported a net loss of Rs 564 crore in the quarter ended December 2024 as against net loss of Rs 376 crore during the quarter ended December 2023. Net sales fell 19.37% year-on-year to Rs 1,045 crore in Q3 FY25 over Q3 FY24.

The Ola Electric Mobility counter hit a 52-week low of Rs 46.40 in intraday today.

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Ola Electric Mobility has refuted claims of declining sales and regulatory issues, attributing a temporary dip in February 2025 registration figures to an ongoing negotiation with vehicle registration vendors. The company, in a media statement released on Friday, accused former vendors of orchestrating a misinformation and smear campaign following the termination of their contracts.

The electric vehicle manufacturer clarified that the reported backlog in registrations was a direct result of these vendor negotiations, and not indicative of a slowdown in sales. Our sales remain strong, asserted the company, emphasizing that the issue was a straightforward case of a temporary registration backlog.

Ola Electric revealed that daily registration figures are now exceeding 50% of their three-month daily sales average, indicating rapid progress in resolving the bottleneck. 40% of the February backlog has already been cleared, and the remaining will be fully resolved by the end of March 2025, the company assured.

The company further alleged that the controversy stemmed from their decision to discontinue contracts with two nationwide vendors managing their registration process, a move aimed at streamlining operations and boosting profitability. Since then, a coordinated effort has been made to create confusion and trigger unnecessary scrutiny, the statement read.

Ola Electric Mobility is an electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. On a consolidated basis, the company had reported a net loss of Rs 564 crore in the quarter ended December 2024 as against net loss of Rs 376 crore during the quarter ended December 2023. Net sales fell 19.37% year-on-year to Rs 1,045 crore in Q3 FY25 over Q3 FY24.

Shares of Ola Electric Mobility surged 8.40% to Rs 56 on Friday, 21 March 2025.

The stock fell to a record low of Rs 46.32 on 18 March 2025, marking a significant decline since its listing on 9 August 2024. The stock entered the market at Rs 75.99, slightly below its initial public offering (IPO) price of Rs 76. The stock peaked at Rs 157.53 on 20 August 2024.

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Ola Electric Technologies is a wholly owned subsidiary of Ola Electric Mobility, while Rosmerta Digital Services is a subsidiary of Rosmerta Technologies (RTL) and focuses on providing digitally enabled services related to the automotive sector. The company is involved in the distribution of automotive components and accessories through digital platforms.

The petition seeks initiation of the corporate insolvency resolution process (CIRP) against the Ola Electric Technologies. The petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 and submitted to the National Company Law Tribunal (NCLT) ? Bengaluru Bench.

Ola Electric Mobility has sought appropriate legal advice and it strongly disputes the claims made and will take all necessary and appropriate steps to protect its interests and object to the allegations in the aforesaid matter.

Ola Electric Mobility is a manufacturer of electric vehicles (EVs) and certain core components for EVs such as battery packs, motors, and vehicle frames at the Ola Future factory. On a consolidated basis, the company had reported a net loss of Rs 564 crore in the quarter ended December 2024 as against net loss of Rs 376 crore during the quarter ended December 2023. Net sales fell 19.37% year-on-year to Rs 1,045 crore in Q3 FY25 over Q3 FY24.

The Ola Electric Mobility counter hit a 52-week low of Rs 46.40 in intraday today.

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Ola Electric Mobility announced its limited-time Holi flash sale offers for its popular S1 range of electric scooters. Under this special promotion, customers can avail discounts of up to ₹26,750 on the S1 Air and ₹22,000 on the S1 X+ (Gen 2), with the models now starting at ₹89,999, and ₹82,999, respectively.

The company is also offering discounts of up to ₹25,000 on the rest of its S1 range, including all the scooters from its latest S1 Gen 3 range. With both S1 Gen 2, and Gen 3, the company has a vast portfolio of scooters across all price points ranging from ₹69,999 to ₹1,79,999 (after festive discount), making this Holi season the best time to upgrade to EVs.

Ola Electric is also offering benefits worth up to ₹10,500. New buyers of S1 Gen 2 scooters can avail 1 year of free Move OS+ worth ₹2,999, and extended warranty worth ₹14,999 at just ₹7,499.

The Gen 3 portfolio comprises the flagship S1 Pro+ 5.3kWh and 4kWh priced at ₹1,85,000, and ₹1,59,999, respectively. The S1 Pro, available in 4kWh and 3kWh battery options, is priced at ₹1,54,999 and ₹1,29,999, respectively. The S1 X range is priced at ₹89,999 for 2kWh, ₹1,02,999 for 3kWh, and ₹1,19,999 for 4kWh, with S1 X+ available with the 4kWh battery and priced at ₹1,24,999. Along with the latest Gen 3 S1 scooters, the company continues to retail its Gen 2 scooters with S1 Pro, S1 X (2kWh, 3kWh, and 4kWh) now starting at ₹1,49,999, ₹84,999, ₹97,999, and ₹1,14,999, respectively.

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Ola Electric Mobility has amicably settled all outstanding dues between its wholly owned subsidiary, Ola Electric Technologies, and the Rosmerta Group. As a result, the Rosmerta Group has filed the memo for withdrawal of the petitions filed before the National Company Law Tribunal (NCLT), Bengaluru.

The matter now stands fully resolved. Ola Electric remains committed to fulfilling its obligations and maintaining professional relationships with all stakeholders.

Powered by Capital Market - Live News

Ola Electric Mobility has refuted claims of declining sales and regulatory issues, attributing a temporary dip in February 2025 registration figures to an ongoing negotiation with vehicle registration vendors. The company, in a media statement released on Friday, accused former vendors of orchestrating a misinformation and smear campaign following the termination of their contracts.

The electric vehicle manufacturer clarified that the reported backlog in registrations was a direct result of these vendor negotiations, and not indicative of a slowdown in sales. Our sales remain strong, asserted the company, emphasizing that the issue was a straightforward case of a temporary registration backlog.

Ola Electric revealed that daily registration figures are now exceeding 50% of their three-month daily sales average, indicating rapid progress in resolving the bottleneck. 40% of the February backlog has already been cleared, and the remaining will be fully resolved by the end of March 2025, the company assured.

The company further alleged that the controversy stemmed from their decision to discontinue contracts with two nationwide vendors managing their registration process, a move aimed at streamlining operations and boosting profitability. Since then, a coordinated effort has been made to create confusion and trigger unnecessary scrutiny, the statement read.

Ola Electric Mobility is an electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. On a consolidated basis, the company had reported a net loss of Rs 564 crore in the quarter ended December 2024 as against net loss of Rs 376 crore during the quarter ended December 2023. Net sales fell 19.37% year-on-year to Rs 1,045 crore in Q3 FY25 over Q3 FY24.

Shares of Ola Electric Mobility surged 8.40% to Rs 56 on Friday, 21 March 2025.

The stock fell to a record low of Rs 46.32 on 18 March 2025, marking a significant decline since its listing on 9 August 2024. The stock entered the market at Rs 75.99, slightly below its initial public offering (IPO) price of Rs 76. The stock peaked at Rs 157.53 on 20 August 2024.

Powered by Capital Market - Live News

Ola Electric Technologies is a wholly owned subsidiary of Ola Electric Mobility, while Rosmerta Digital Services is a subsidiary of Rosmerta Technologies (RTL) and focuses on providing digitally enabled services related to the automotive sector. The company is involved in the distribution of automotive components and accessories through digital platforms.

The petition seeks initiation of the corporate insolvency resolution process (CIRP) against the Ola Electric Technologies. The petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 and submitted to the National Company Law Tribunal (NCLT) ? Bengaluru Bench.

Ola Electric Mobility has sought appropriate legal advice and it strongly disputes the claims made and will take all necessary and appropriate steps to protect its interests and object to the allegations in the aforesaid matter.

Ola Electric Mobility is a manufacturer of electric vehicles (EVs) and certain core components for EVs such as battery packs, motors, and vehicle frames at the Ola Future factory. On a consolidated basis, the company had reported a net loss of Rs 564 crore in the quarter ended December 2024 as against net loss of Rs 376 crore during the quarter ended December 2023. Net sales fell 19.37% year-on-year to Rs 1,045 crore in Q3 FY25 over Q3 FY24.

The Ola Electric Mobility counter hit a 52-week low of Rs 46.40 in intraday today.

Powered by Capital Market - Live News

Ola Electric Mobility has refuted claims of declining sales and regulatory issues, attributing a temporary dip in February 2025 registration figures to an ongoing negotiation with vehicle registration vendors. The company, in a media statement released on Friday, accused former vendors of orchestrating a misinformation and smear campaign following the termination of their contracts.

The electric vehicle manufacturer clarified that the reported backlog in registrations was a direct result of these vendor negotiations, and not indicative of a slowdown in sales. Our sales remain strong, asserted the company, emphasizing that the issue was a straightforward case of a temporary registration backlog.

Ola Electric revealed that daily registration figures are now exceeding 50% of their three-month daily sales average, indicating rapid progress in resolving the bottleneck. 40% of the February backlog has already been cleared, and the remaining will be fully resolved by the end of March 2025, the company assured.

The company further alleged that the controversy stemmed from their decision to discontinue contracts with two nationwide vendors managing their registration process, a move aimed at streamlining operations and boosting profitability. Since then, a coordinated effort has been made to create confusion and trigger unnecessary scrutiny, the statement read.

Ola Electric Mobility is an electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. On a consolidated basis, the company had reported a net loss of Rs 564 crore in the quarter ended December 2024 as against net loss of Rs 376 crore during the quarter ended December 2023. Net sales fell 19.37% year-on-year to Rs 1,045 crore in Q3 FY25 over Q3 FY24.

Shares of Ola Electric Mobility surged 8.40% to Rs 56 on Friday, 21 March 2025.

The stock fell to a record low of Rs 46.32 on 18 March 2025, marking a significant decline since its listing on 9 August 2024. The stock entered the market at Rs 75.99, slightly below its initial public offering (IPO) price of Rs 76. The stock peaked at Rs 157.53 on 20 August 2024.

Powered by Capital Market - Live News

Ola Electric Technologies is a wholly owned subsidiary of Ola Electric Mobility, while Rosmerta Digital Services is a subsidiary of Rosmerta Technologies (RTL) and focuses on providing digitally enabled services related to the automotive sector. The company is involved in the distribution of automotive components and accessories through digital platforms.

The petition seeks initiation of the corporate insolvency resolution process (CIRP) against the Ola Electric Technologies. The petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 and submitted to the National Company Law Tribunal (NCLT) ? Bengaluru Bench.

Ola Electric Mobility has sought appropriate legal advice and it strongly disputes the claims made and will take all necessary and appropriate steps to protect its interests and object to the allegations in the aforesaid matter.

Ola Electric Mobility is a manufacturer of electric vehicles (EVs) and certain core components for EVs such as battery packs, motors, and vehicle frames at the Ola Future factory. On a consolidated basis, the company had reported a net loss of Rs 564 crore in the quarter ended December 2024 as against net loss of Rs 376 crore during the quarter ended December 2023. Net sales fell 19.37% year-on-year to Rs 1,045 crore in Q3 FY25 over Q3 FY24.

The Ola Electric Mobility counter hit a 52-week low of Rs 46.40 in intraday today.

Powered by Capital Market - Live News

Ola Electric Mobility announced its limited-time Holi flash sale offers for its popular S1 range of electric scooters. Under this special promotion, customers can avail discounts of up to ₹26,750 on the S1 Air and ₹22,000 on the S1 X+ (Gen 2), with the models now starting at ₹89,999, and ₹82,999, respectively.

The company is also offering discounts of up to ₹25,000 on the rest of its S1 range, including all the scooters from its latest S1 Gen 3 range. With both S1 Gen 2, and Gen 3, the company has a vast portfolio of scooters across all price points ranging from ₹69,999 to ₹1,79,999 (after festive discount), making this Holi season the best time to upgrade to EVs.

Ola Electric is also offering benefits worth up to ₹10,500. New buyers of S1 Gen 2 scooters can avail 1 year of free Move OS+ worth ₹2,999, and extended warranty worth ₹14,999 at just ₹7,499.

The Gen 3 portfolio comprises the flagship S1 Pro+ 5.3kWh and 4kWh priced at ₹1,85,000, and ₹1,59,999, respectively. The S1 Pro, available in 4kWh and 3kWh battery options, is priced at ₹1,54,999 and ₹1,29,999, respectively. The S1 X range is priced at ₹89,999 for 2kWh, ₹1,02,999 for 3kWh, and ₹1,19,999 for 4kWh, with S1 X+ available with the 4kWh battery and priced at ₹1,24,999. Along with the latest Gen 3 S1 scooters, the company continues to retail its Gen 2 scooters with S1 Pro, S1 X (2kWh, 3kWh, and 4kWh) now starting at ₹1,49,999, ₹84,999, ₹97,999, and ₹1,14,999, respectively.

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