Hero has revenue of Rs. 35,000 crore & profit of rs. 4000 crores.Ola Electric has revenue of Rs 373 crore and loss of Rs 784 crore... OLA Electric (OE) aims 7-8 Bn $ IPO Valuation while Hero has 10 Bn $ valuation
Soneone explain rationale here !

" but ola has innovation" , " kya matlab founder ke IIT se hone se valuation multiple jayada nhi hona chahiye" , " ol...

More direct comparison would be Ather which is at 4x revenue/sales multiple ($900mn/$225mn) Even giving Ola Elec...