Back to feeds

Jayant Mundhra

 • 

Dexter Capital Advisors • 4m

🚨🚨 Really misleading influencer posts doing the rounds ahead of Ola Electric’s IPO. These talk about how the IPO is set to create massive wealth for the company’s employees, especially for the top 10-member leadership. They say, the Top-10 people at Ola Electric hold a massive Rs 10.3k crore worth shares. .. But, what’s misleading here? The fact that 97% of those shares belong to the founder, Bhavish. Thus, the true wealth creation for employees, though sizeable, is nothing close to the 10k crore figure which is doing the founds in finfluencer posts and reels. So, if you have already seen those posts, or if you see them in coming days, know the truth, and do call it out :)

0 replies43 likes

More like this

Recommendations from Medial

Image Description
Image Description

Abdul Malik

Stealth • 1m

Zomato and Swiggy are the "Karan and Arjun of the entrepreneurial world." The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised fresh capital raise of ₹4,499 crore and an offer for sale (OFS) of 17.51 shares worth ₹6,828 crore. S

See More
4 replies11 likes
Image Description
Image Description

BigLoot IN

Stealth • 2m

🚨 Zomato is Planning To Raise Over ₹4185 Crore Through QIP as Per Media Reports Zomato Has Cash Reserves of ₹12,539 Crore Swiggy’s IPO Size is Around ₹11,664 Crore Zomato Being Aggressive, Crucial Timings

3 replies12 likes
1
Anonymous
Image Description
Image Description

So basically a bunch of employees received Rs. 65 Cr distributed amongst them 😳🔥 Wealth can only be created by shares/esops!

7 replies17 likes

Mohammed Zaid

Stealth • 1m

Around 70 former and current Swiggy employees stand to make over ₹8.5 crore each ($1 million) with Swiggy's IPO, making them dollar millionaires, Moneycontrol reported. These 70 people are part of a wider group of 5,000 employees jointly earning ₹9,0

See More
0 replies5 likes

Inactive

Stealth • 6m

Ulala Olala! Ola Electric, India's leading electric two-wheeler maker, has SEBI's nod for a ₹5,500 crore ($660 million) IPO. Key details: - Fresh issue: ₹5,500 crore; OFS: 95.2 million shares. - Target valuation: $6 billion. - Funds for: cap

See More
0 replies9 likes

Vaibhav Babruwan Shingde

Stealth • 4m

Interesting One : • Bhavish Aggarwal, CEO of Ola Electric, called MapMyIndia's legal notice "opportunistic." • MapMyIndia says Ola Electric misused its mapping data for the Ola Maps platform and broke their licensing agreement. • Aggarwal stated t

See More
0 replies4 likes
Anonymous

Bengaluru-based Ola Electric Mobility has set a price band of Rs 72-76 per share for its IPO, which will open for subscription on Friday, August 2. This values the company at Rs 33,522 crore or $4 billion, marking a 30% decrease from its December 2

See More
0 replies5 likes

financialnews

Stealth • 1m

Swiggy IPO: Food delivery giant sets price band between ₹371 - ₹390, says report Swiggy, one of India’s top-valued new-age consumer brands, is set to enter the Indian capital market with an ₹11,300 crore IPO. The offering includes a fresh issue of s

See More
0 replies6 likes

Applyly

Stealth • 19d

Ecom Express and Smartworks receive SEBI nod for IPO Two companies in India have recently received approval to launch their IPOs. These companies are Ecom Express and Smartworks. Both companies received approval from the Securities and Exchange Board

See More
0 replies4 likes
Image Description
Image Description

Jeet Sarkar

Stealth • 9m

Nazara Technologies Ltd, a Mumbai-based mobile gaming and sports media company, has issued shares worth Rs 100 crore to Nithin Kamath and Nikhil Kamath, the founders of Zerodha. The move is part of a broader investment in which Nazara allocated 28.

See More
5 replies24 likes

Download the medial app to read full posts, comements and news.