After a subdued debut, Ola Electric raced ahead by gaining nearly 71% in just three days, defying the discounted pre-listing GMP, which indicated a rough ride for the stock in the secondary market. Even as investors consider GMP as one of the factors for subscribing to a public offer, analysts say the GMP may not …
Ola Electric IPO: The much-awaited initial public offering (IPO) of Ola Electric Mobility Limited opens for subscription on Friday, August 2, 2024. The company is a major player in India’s electric vehicle (EV) market, focusing on building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. Ola Electric commands nearly a …
SoftBank-backed electric scooter maker Ola Electric‘s initial public offering (IPO) will open for retail subscription on August 2, the company said in a filing with the stock market regulator on Saturday. The public offering will value the company between $4.2 billion to $4.4 billion.Ola Electric IPO will close for retail subscriptions on August 6, the …