Ola Electric has opened its Qualified Institutions Placement (QIP) to raise capital, with a floor price established at ₹37.74 per equity share. This initiative follows approvals from the company's board and shareholders, with the placement aimed at eligible institutional buyers. According to the company's exchange filing, the floor price was calculated based on the Securities and Exchange Board of India (SEBI) regulations, with the relevant date set as June 1, 2026. The company has the option to offer a discount of up to 5% on this floor price. The board initially approved this capital raising effort during a meeting on October 25, 2025, and it was subsequently ratified by shareholders through a special resolution on November 27, 2025. To ensure compliance with regulatory standards, Ola Electric has implemented trading restrictions for its personnel, which will remain in effect until 48 hours after the issue price is finalized in consultation with appointed book running lead managers.