Mon Aug 18 05:50:00 UTC 2025: Okay, here’s a news article summarizing the Regaal Resources IPO and including the Ola scooter announcement:

**Regaal Resources IPO Allotment Expected Soon; Ola Unveils Surprise New Scooter**

Investors who participated in the Regaal Resources IPO can expect the allotment status to be finalized on August 18th, with listing slated for August 20th on both the NSE and BSE. The IPO, which closed on August 14th, saw a strong subscription of 159.87 times. Qualified Institutional Buyers (QIBs) oversubscribed by 190.96 times, while Non-Institutional Investors (NIIs) subscribed by 356.72 times.

The IPO aimed to raise Rs 306 crore with a price band of Rs 102 per share. Investors can check their allotment status through the BSE website, NSE website, or the registrar MUFG Intime’s website. The grey market premium (GMP) for Regaal Resources is currently around Rs 26, suggesting a potential gain of approximately 25.49% from the upper end of the price band. Investors should remember that GMP is unofficial and not always indicative of actual listing performance.

In a separate, unexpected announcement, Ola Electric has unveiled a new, sportier addition to its scooter lineup, the S1 Pro Sport, at their annual gathering. The scooter is priced at Rs 1.50 lakh (ex-showroom) and can be pre-booked for Rs 999. Deliveries are expected to begin in January 2026. The S1 Pro Sport features redesigned body panels, 14-inch wheels, the new MoveOS 6 software with ADAS features, and a smaller battery pack optimized for increased range. This announcement signals Ola’s continued ambition to innovate and expand its presence in the electric vehicle market.

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