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Rout in Ola shares takes a heavy toll on Bhavish Aggarwal's assets
Financial Express Delhi
|December 01, 2025
THE ONGOING ROUT in Ola Electric shares has slashed more than half of founder Bhavish Aggarwal's publicmarket net worth, eroding the value of his listed holdings by over ₹5,000 crore just a year after the company's blockbuster IPO.
Aggarwal currently holds 1.32 billion shares in Ola Electric, valued at ₹5,428 crore based on Friday's closing price of ₹41.38 on the NSE. Ola Electric stock is now 46% below its listing price of ₹76 and down 60% from its 52-week high of ₹102.50 in December 2024. Shares are inching toward the 52-week low of ₹39.60 recorded on July 14, 2025.
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