OLA Cabs IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 17, 2022Let’s have a detailed review of the company and analytics of the OLA Cabs IPO / ANI Technologies IPO release date, IPO offer price, subscription, OLA Cabs IPO / ANI Technologies Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA |
| Listing Date | NA |
| Offer for Sale | Rs Million |
| Fresh Issue | Rs Million |
| IPO Size | Rs Million |
| Tick Size | 1 |
OLA Cabs IPO / ANI Technologies IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – OLA Cabs IPO / ANI Technologies Share Price |
OLA Cabs IPO / ANI Technologies IPO – Summary
OLA Cabs is one of the largest mobility platforms and is one of the global leaders in transportation network companies.
The company has services across more than 250 cities across India, New Zealand UK and Australia.
The Application by OLA Cabs provides Mobility solutions, as it connects customers to Drivers and a huge option of vehicle like bikes, E-Rickshaws, auto-rickshaws, taxis and cabs.
The Promoter of this company is Mr. Manish Kumar Dabkara. The lead manager to the issue is HEM SECURITIES LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
OLA Cabs IPO / ANI Technologies IPO Date
The opening and the closing date of the IPO of OLA Cabs IPO / ANI Technologies Limited are not available yet.
OLA Cabs IPO / ANI Technologies IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Check OLA Cabs IPO / ANI Technologies IPO LIVE Subscription
- OLA Cabs IPO / ANI Technologies IPO LIVE Bid details on BSE
- OLA Cabs IPO / ANI Technologies IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
OLA Cabs IPO / ANI Technologies IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
OLA Cabs IPO / ANI Technologies Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
OLA Cabs IPO / ANI Technologies IPO Price Band / Cash Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
OLA Cabs IPO / ANI Technologies IPO Equity Size
This Initial Public Issue of 18,24,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.
OLA Cabs IPO / ANI Technologies IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] equity Shares of Rs.10/ each.
Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.[●] Million
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OLA Cabs IPO / ANI Technologies IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – OLA Cabs IPO / ANI Technologies Share Price |
OLA Cabs IPO / ANI Technologies IPO Grey Market Premium
The OLA Cabs IPO / ANI Technologies Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
OLA Cabs IPO / ANI Technologies IPO – Company Overview
The OLA Cabs was founded by Aggarwal and Ankit Bhati in December 2010 and was developed by ANI Technologies. OLA offers Transparency and convenience for more than hundreds of millions of customers and more than 1.5 million Driver-partners.
They have core operation in mobility but it is supplemented by its Electric-vehicle wing, which is OLA Electric. The company has India’s largest fleet management business named as Ola Fleet Technologies and ola skilling, which aims to ensure millions of work opportunities among young India.
OLA is Extending its services for customers like micro-insurance, Credit led payments by finance services. The company is also offering food services by OLA Food Business.
OLA Cabs IPO / ANI Technologies IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Million) | ||||
| 30-Jun-20 | 31-Mar-20 | Mar-19 | 31-Mar-18 | |
| Total Assets | ||||
| *Total Revenue | ||||
| Total Expense | ||||
| Profit After Tax | ||||
Earnings per Equity Share (in Million)
| 30-Jun-20 | 31-Mar-20 | Mar-19 | 31-Mar-18 |
|
| Basic & Diluted |
Further, their PAT for the period ended on June 30, 2020, March 31, 2020, March 31, 2019, and March 31, 2018, were Rs. 135.51 Million, Rs. 447.45 Million, Rs. 68.04 Million and Rs. 26.91 Million respectively.
OLA Cabs IPO / ANI Technologies IPO – Promoters
The Promoter of this company is:
List of Related Parties (Key Managerial Personnel)
- Mr. Manish Kumar Dabkara, Chairman & Managing Director
- Mr. Naveen Sharma, Chief Financial Officer
- Mr. Babita Kumawat, Company Secretary and Compliance Officer
OLA Cabs IPO / ANI Technologies IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
OLA Cabs IPO / ANI Technologies IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to X Equity Shares aggregating up to Rs.[●] Million |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | X Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
OLA Cabs IPO / ANI Technologies IPO Issue Object
Their Company proposes to utilise the Net Proceeds towards funding the following objects:
1. To meet Working Capital requirements
2. General Corporate Purpose
3. To meet issue expenses
OLA Cabs IPO / ANI Technologies IPO – Business Strategy
- Focus on Consultancy Business and spreading awareness about carbon neutrality
- Increase the use of technology to improve operational efficiency
- Expanding their customer base
- Creating awareness to reduce carbon emissions
OLA Cabs IPO / ANI Technologies IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Quality Assurance, timely payment, and delivery
- Broad customer base and strong relationships with their customers
- Multiple Business verticals under one roof
- Qualified management team and employee base
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-20 | |||
| 31-Mar-19 | |||
| Mar-18 |
OLA Cabs IPO / ANI Technologies IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Crores) | |
| OLA Cabs IPO / ANI Technologies Limited | 10 | [●] | 8.86 | 73.11 | 20.43 |
| Listed Peers | |||||
| Mitcon Consultancy and Engineering Services Limited |
10 | 12.46 | 3.13 | 3.91% | 42.72 |
OLA Cabs IPO / ANI Technologies IPO Lead Managers
| Lead Managers |
OLA Cabs IPO / ANI Technologies IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED Address:-1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400059 Tel No.:+91-022-62638200 Fax No.: +91-022-62638299 Website:www.bigshareonline.com Email:ipo@bigshareonline.com Investor Grievance Email: investor@bigshareonline.com |
OLA Cabs IPO / ANI Technologies IPO – Other Details
- Statutory Auditor – NA
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
OLA Cabs IPO / ANI Technologies IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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OLA Cabs IPO / ANI Technologies Limited IPO News
News 1 – OLA Cabs IPO / ANI Technologies Limited IPO DRHP Download
News 2 – OLA Cabs IPO / ANI Technologies IPO RHP Download
OLA Cabs IPO / ANI Technologies IPO Review FAQs
Ques – What is the Issue Size of OLA Cabs IPO / ANI Technologies IPO?
Answer – The Company is making an initial public offer of NA equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and the net issue.
Ques – What is the Price band of OLA Cabs IPO / ANI Technologies IPO?
Answer – The price band for this particular IPO, i.e. OLA Cabs IPO / ANI Technologies IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the OLA Cabs IPO / ANI Technologies IPO Open Date?
Answer – The opening and closing dates for OLA Cabs IPO / ANI Technologies IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
Ques – What is the OLA Cabs IPO / ANI Technologies IPO Allotment Date?
Answer – We also have the news regarding the respective allotment dates of OLA Cabs IPO / ANI Technologies IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
Ques – What is the OLA Cabs IPO / ANI Technologies IPO Listing Date?
Answer – Shares of OLA Cabs IPO / ANI Technologies shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Ques – Who is the Registrar of OLA Cabs IPO / ANI Technologies IPO?
Answer – One of the reputed registrars is managing the issue of OLA Cabs IPO / ANI Technologies IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of OLA Cabs IPO / ANI Technologies IPO?
Answer – Here are the promoters of OLA Cabs IPO / ANI Technologies – NA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is GMP of OLA Cabs IPO / ANI Technologies IPO?
Answer – We have obtained the GMP of OLA Cabs IPO / ANI Technologies IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is OLA Cabs IPO / ANI Technologies IPO good for Investment?
Answer – We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of OLA Cabs IPO / ANI Technologies Company?
Answer – We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2020 in Million is NA, 2019 is NA, 2018 is NA. PAT from Sep 2020 is NA.
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