Bhavish Aggarwal Net Worth: Founder and CEO of Ola Electric, Bhavish Aggarwal has sold a part of the company's shares. According to NSE website data, he sold more than 2.62 crore equity shares through bulk deals. The deal took place at an average price of ₹34.99 per share. Know how much this deal affected Bhavish Aggarwal's net worth, how rich he is now and what is his net worth...
According to the Forbes Real Time Billionaires list, Bhavish Aggarwal's net worth is $1.6 billion. After this bulk deal, his wealth declined by $30.9 million. Overall his net worth decreased by 1.89%. Before the deal his net worth was around $2 billion.
According to BSE data, as of September 2025, Bhavish Aggarwal held 30.02% shares of Ola Electric i.e. approximately 1,32,39,60,029 equity shares. He did this deal for monetization of limited stake, so that all the promoter level share pledges can be released completely. After this transaction, 3.93% of the already pledged shares became completely free, thereby freeing up the founder-promoter debt. According to BSE data, the total stake held by the promoter and promoter group in Ola Electric in the September quarter stood at 36.78%, with the remaining 58.35% stake held by public shareholders. Non-promoter non-public stake is 4.87%. After the deal, the promoter-group stake will remain above 34%, which is considered one of the largest among the new age listed companies.
A part of this deal was done to fund AI startup Krutrim, which is now active in cloud infrastructure and emerging with positive cash flow. No more promoter pledge is expected in future.
On Wednesday, December 17, shares of Ola Electric opened at Rs 34.55 and fell to Rs 33.67 after the news of Bhavish Aggarwal selling shares. Till 11.30 am the share was trading at Rs 33.90.
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