bullish

Ola Electric

Ola Electric (OLAELEC): EV Maker Receives Turbo Boost from Lock-Up Expiries for Index Inclusion

718 Views17 Aug 2024 09:59
​Ola Electric (OLAELEC) is likely to be added in March 2025 review after the lock-up expiry in November 2024 increases its fcap way above the fcap threshold based on latest prices
What is covered in the Full Insight:
  • Introduction to Ola Electric's Potential Index Inclusion
  • Current Market Capitalization and Future Fcap Projections
  • Details on Shareholder Structure and Lock-up Expiries
  • Implications for Global Blue and Global Purple Indices
  • Summary and Forecast
Boomeranged on Wed, 12 Feb 2025 04:42
Ola Electric’s stock price tanked more than 50% since its peak on 20 August 2024, post IPO. Nonetheless, its cut-off fcap of ~$800m is still above the threshold (~$500m) following the free float increase from the 6-month lock-up expiry. It is expected to be added to small-cap at the March 2025 review. All-world addition has a lower probability as its mcap is estimated slightly below the threshold.
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Dimitris Ioannidis
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