Ulala Olala! Ola Electric, India's leading electric two-wheeler maker, has SEBI's nod for a โน5,500 crore ($660 million) IPO. Key details: - Fresh issue: โน5,500 crore; OFS: 95.2 million shares. - Target valuation: $6 billion. - Funds for: capex, debt repayment, R&D, general purposes. - Prior funding: $1 billion, last valuation: $5.5 billion. - FY23 revenue: โน2,630.93 crore, losses: โน1,472 crore. - Book-runners: Kotak Mahindra, Citigroup, BofA, Goldman Sachs, Axis, ICICI, SBI, BOB. Jeb dhili karlo pyari ๐งฒโฅ๏ธ
๐ฃ๐ต๐ผ๐ป๐ฒ๐ฃ๐ฒโ๐ $๐ญ๐ฑ๐ ๐๐ฃ๐ข: ๐ง๐ถ๐ด๐ฒ๐ฟ ๐๐น๐ผ๐ฏ๐ฎ๐น & ๐ช๐ฎ๐น๐บ๐ฎ๐ฟ๐โ๐ ๐๐ถ๐ด ๐๐ฒ๐ ! โข PhonePe is planning to raise approx . $1โ2 billion at a valuation of $15 billion via an IPO. โข In FY24, PhonePe reported โน5,064 crore in revenue, with a
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