Tag: Ola Electric IPO

Ola Electric IPO: Ola Electric valued at $4.4 billion in debut trade

August 9, 2024 admin

Ola Electric IPO: Ola Electric valued at .4 billion in debut trade

With a 39% market share, Ola Electric dominates sales of electric scooters in India, after launching its first model just three years ago. | Photo Credit: Reuters SoftBank-backed Ola Electric Mobility’s shares rose 10% in their trading debut on Friday (August 9, 2024), valuing the company at ₹369.45 billion ($4.40 billion) after the first stock…

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OLA electric IPO: Ola Electric Mobility fixes IPO price band at ₹72-76 per share

July 29, 2024 admin

Ola Electric Mobility Ltd., which is into manufacturing of electric two-wheelers, has announced an initial public offering (IPO) to raise upto ₹6,145.56 crore from the capital market. The price band of the IPO has been fixed at ₹72-76 per equity share of a face value of ₹10 each. The IPO will open on August 2 and close on…

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Ola Electric to launch IPO next week, valuation seen at around $4.4 billion

July 27, 2024 admin

Ola Electric to launch IPO next week, valuation seen at around .4 billion

Ola Electric’s S1 Air e-scooters are pictured inside its manufacturing facility in Pochampalli, Tamil Nadu. The company plans to launch its IPO next week. | Photo Credit: Reuters SoftBank-backed Ola Electric’s IPO will open for retail subscription on Aug. 2, the electric scooter maker said on July 27, 2024, a stock offering that according to…

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Ola Electric gets Sebi’s nod for IPO; aims to raise ₹5,500 cr via fresh issue

June 20, 2024 admin

Electric two-wheeler company Ola Electric Mobility’s proposed ₹5,500 crore IPO has received the go-ahead from Sebi, paving the way for the company to tap the market with a significant part of the proceeds to be used on capacity expansion of its cell manufacturing plant and revving up R&D. Ola Electric as well as Bain Capital-backed Emcure Pharmaceuticals…

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