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#freelancer • 11m

Ola Electric has recently been granted approval by SEBI to launch an IPO, making it the first electric two-wheeler manufacturer in India to achieve this milestone. Can anyone provide me more information about Ola Electric's IPO plans and how it will impact the EV industry in India? Share your thoughts 💭

5 replies8 likes

Replies (5)

Franto Nithish J

MSc Investment and F... • 11m

-Just wait and watch the game..Beacuse founder Bavish aggarwal and Ola initial Investors are selling around 47 million share via offer for sale OFS. - The reason for raising money is capital expenditure ,R&D and will repay the debt. -Ola is couldn't make profit in the Ev market Even they had 51% Ev two wheeler market share in india.

1 replies

Shreyas Ramdasi

Mechanical Engineer • 11m

Just invest in IPO and gain profit for long time

0 replies

Asli Rover

Kya Kar Raha Hai Tu? • 11m

Ola Electric is good. But unless they expand it profitablly, it's tough

0 replies

Giggity

Memes,games, startup... • 11m

How can someone from outside give information about a company in which they don't even work you'll have to check their website for capex and future planes since they're listing on the stock market They'll do AGM's you can listen to that

0 replies

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