Ola Electric’s Rs 6,146-crore IPO, the largest this year, opened on Aug 2 and closed on Aug 6. The company sought to raise Rs 5,500 crore through a fresh share issuance, with the rest coming from existing shareholders. Despite a lower-than-expected valuation of $4 billion, founder Bhavish Aggarwal remains optimistic about the EV market’s growth.
Ola Electric eyes Rs 6,000 crore in 1st auto IPO since Maruti
Categories:
Related Post
Lunar eclipses, supermoons, meteor showers happening in 2025Lunar eclipses, supermoons, meteor showers happening in 2025
Skywatchers can mark the calendar with a busy lineup of celestial occurrences in 2025.
Wife of wealthy Florida real estate brother files for divorce as husband is denied bail in alleged sex scandalWife of wealthy Florida real estate brother files for divorce as husband is denied bail in alleged sex scandal
The wife of Tal Alexander, a high-profile real estate agent accused last month with his two brothers of drugging and then sexually assaulting and raping dozens of women in multiple
How Trump’s mass deportation plans could affect food, farming industryHow Trump’s mass deportation plans could affect food, farming industry
President-elect Donald Trump confirmed that he plans to address illegal immigration in the U.S. through a mass deportation program. CBS News MoneyWatch correspondent Kelly O’Grady discusses how such a plan