Ola Electric shares made a quiet entry on the BSE at their issue price of ₹76 but quickly gained momentum, hitting a 20% upper circuit on the first day, closing at ₹91.19 apiece. This surge boosted the company's market capitalization to over ₹40,000 crore and added $1.5 billion to founder Bhavish Aggarwal's net worth, now at $2.7 billion. Despite initial grey market skepticism, Ola Electric's promising market share and future outlook have kept investor interest alive, though concerns about profitability remain.