FluffyPickle
FluffyPickle

Ola Electric Post IPO Bull Run

How did it happen? I researched well before the IPO and everyone was against Ola’s IPO referencing their losses and weak financials. As a result didn’t apply and still regret and think who are those investors giving damn valuations to Ola electric? Like it has grown 70%+ since inception of IPO and everyday I see it reached 20% upper circuit. On one side people are ranting Bhavesh and Ola while on the other hand they are aggressively purchasing Ola shares. What do you think about it? Is it a bubble or a missed opportunity?

5mo ago
2.1Kviews
App Promo
PrancingDonut
PrancingDonut
Arm5mo

Retarded retail investors are very much willing to become bag holders, that’s what happened. Promoters have successfully sold off so many shares that their current holdings is less than 40%, at IPO this number was at 85%

FluffyPickle
FluffyPickle

Thanks for sharing, this is a great insight!

PrancingPancake
PrancingPancake
IBM5mo

The market doesnt care about the people mostly , alpha in trading is going against the crowd , i remember the relentless fud on zomato too , see the chart now

FluffyPickle
FluffyPickle

What even we talk about fundamentals, does ola have strong fundamentals? See news about ola maps and map my india, you will see fundamentals are even weak. I just want to know what is driving this bull run?

SparklyCupcake
SparklyCupcake

Basic rules if you are trading with small amount:

  1. Never bet against institutional investors
  2. Never believe what viral influencers are saying, most are paid and remaining are stupid
  3. Don’t bet against founders with rigorous execution
DerpyUnicorn
DerpyUnicorn

+1, not able to figure how it grew so fast

SillyNarwhal
SillyNarwhal

Tough week for people who shorted the shares

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by CosmicTacoGrapevine

Ola Electric IPO Registers 4.3X Demand

  • The public offering of Ola Electric was oversubscribed by 4.3 times on Tuesday, August 6, the final day of the issue. The company is raising Rs 6,145 crore ($732 million).
  • There was high interest from existing employees, who subscrib...