Ola Electric's unlisted shares trade at ₹3 premium in grey market

Unlisted shares of Ola Electric were trading ₹3 higher than its issue price of ₹72-76 in grey market today, as per CNBC-TV18. This comes as the ₹6,146-crore IPO sees muted response from investors amid a global market crash and selloff over fears of US going into a recession. The IPO was subscribed 0.76 times so far on its second day.