Archive · 18 Dec 2025
Ola Electric Shares Fall After Founder's Sale
The founder of Ola Electric, Bhavish Aggarwal, sold a lot of his company's shares over two days.
This made the share price go down to its lowest point ever.
He sold the shares to pay back a big loan and to make sure there are no more risks from pledging shares.
Even though the share price is now much lower than when the company first started selling shares to the public, the company says this won't affect how it runs or its plans for the future.
The shares went down more than 5% on Thursday, but they did recover a little by the end of the day.
Ola Electric shares hit a lifetime low of ₹30.76 after founder Bhavish Aggarwal sold 68 million shares over two days.
The shares opened at ₹32.80 on NSE, touched a high of ₹33.44, and closed at ₹31.46.
Aggarwal sold 41.9 million shares on Wednesday at ₹33.96 per share, raising ₹142 crore, and 26 million shares on Tuesday at ₹34.99 per share, raising ₹92 crore.
The sales were executed at less than half of the company's IPO listing price of ₹76.
The proceeds were used to fully repay a promoter-level loan of ₹260 crore and to eliminate all promoter pledges, reducing the promoter's stake from 30.02% to 34%.
The company clarified that the transaction would have no impact on its operations, governance, or strategic direction.
- Who
- Bhavish Aggarwal, founder of Ola Electric Mobility Ltd
- What
- Sold 68 million shares, causing a decline in share price to a lifetime low
- When
- Tuesday and Wednesday
- Where
- Traded on NSE
- Why
- To repay a promoter-level loan of ₹260 crore and eliminate all promoter pledges
- Founder
- Bhavish Aggarwal
- Company
- Ola Electric Mobility Ltd
- Shares Sold
- 68 million (41.9 million on Wednesday, 26 million on Tuesday)
- Share Price (NSE Opening)
- ₹32.80
- Share Price (NSE High)
- ₹33.44
- Share Price (NSE Low)
- ₹30.76
- Share Price (NSE Close)
- ₹31.46
- Wednesday Sale Price
- ₹33.96 per share
- Tuesday Sale Price
- ₹34.99 per share
- Funds Raised (Wednesday)
- ₹142 crore
- Funds Raised (Tuesday)
- ₹92 crore
- IPO Listing Price
- ₹76 per share
- Promoter Loan Repaid
- ₹260 crore
- Promoter Stake Post-Sale
- 34%
- Promoter Stake Pre-Sale
- 30.02%
- Pledged Shares Released
- 3.93%
Sources
Ola Electric Mobility founder Bhavish Aggarwal sells 4.2 crore additional shares
Ola Electric Mobility shares in focus after founder Bhavish Aggarwal sells more shares on Wednesday
Ola Electric share price slumps 4% to fresh low as promoter Bhavish Aggarwal sells stake, down 59% from IPO price
Ola Electric share price continues fall, hits fresh 52-week low after sliding nearly 4%
Ola Stock Slide 3% CEO Bhavish Aggarwal Sells Another Chunk Of Shares
Ola Electric shares sink to 52-week low: What’s driving the 62% fall in 2025?
Rs 55,525 crore gone in 16 months! Ola investors see wealth erosion as stock tanks 80%
Ola Electric hits lifetime low following promoter stake sale
Bhavish Aggarwal Sells More Ola Electric Shares, Mints INR 325 Cr So Far
