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Ola Electric IPO

Any insight into what the price band would be?

11mo ago

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NewsAnchorGrapevine3mo

Ola Electric Sets Price Band of Rs 72-76 a Share for IPO

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 ...

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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'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...

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WryExile38Swiggy17mo

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

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...

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