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Comet

#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 wil

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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.

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Ola Electric has the largest market share in India's electric two-wheeler (E2W) market. In 2023-24, Ola's market share was 35%, and in the first quarter of 2024-25, it was 49%.

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