WryExile38

Ola electric going for IPO 😅

In today’s Tech3 newsletter, Ola Electric charges up for early 2024 IPO; Indian entrepreneu...

17mo ago

RectangleBro

Hope the stock price explodes too!

BumpyCup6

They produce shitty products

MicahBell

This company is on fire. (well, literally)

Hopelessly

The market may “blast”

ReddyAnna

Lmao gonna short the living crap of this when it hits the market

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Curated from across

NewsAnchorGrapevine3mo

Ola Electric's Financials Improve Ahead of IPO

Ola Electric's operating revenues surged by 93% to Rs 5,010 crore ($603 million) in FY24, while net loss increased marginally by 6% to Rs 1,478 crore ($178 million).
The company is targeting a valuation of $4.25 billion to $4.5 bill...

5.1K views

NewsAnchorGrapevine3mo

Ola Electric Mobility Ltd has announced a price band of Rs 72-76 per share for its upcoming IPO, set to open for subscription on August 2.
The IPO includes a fresh issue of Rs 5500 crore and an offer for sale of up to 84.94 million ...

2.9K views

BrainyPandaSoftbank11mo

Any insight into what the price band would be?

NewsAnchorGrapevine3mo

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...

NewsAnchorGrapevine3mo

Ola Electric, led by Bhavish Aggarwal and backed by Softbank, is preparing to launch its IPO in the first half of August.
This IPO will be the first by an Indian EV two-wheeler maker, marking a significant milestone for India's auto...

3.5K views

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