Ola Electric's IPO saw an upward trend on its second day, with subscriptions reaching 47% by 10:12 IST. The price band for the IPO is set between ₹72-76 per share, with a minimum bid of 195 shares per lot. The IPO includes a new issue of shares worth ₹5,500 crore and an offer for sale of 8.49 crore shares by promoters and investors. Retail investors have shown strong interest, subscribing 1.91 times their allotted portion. The IPO, valued at ₹6,146 crore, is the largest since LIC's IPO in 2022. The subscription period closes on August 6.