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Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
Ola Electric's shares surged on Friday as the company's investors bet on increasing adoption of EVs in the country. Ola Electric's $734 million IPO is India's biggest so far in 2024 and with a 39% market share as of July, Ola Electric dominates sales of electric scooters in India, having launched its first model just three years ago.
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Ola Electric IPO Allotment Today: Step-By-Step Guide To Check Status
The initial public offering (IPO) of Ola Electric Mobility Ltd, a manufacturer of electric two-wheelers, has concluded. Investors are now awaiting the Ola Electric IPO allotment, which is expected to be finalized on August 7.
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Ola Electric IPO Opens Subscription: Here's Everything You Need To Know
The initial public offer (IPO) of electric vehicle (EV) maker Ola Electric mobility opened for subscription on Friday, August 2.
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Ola Electric Sets IPO Price Band At Rs 72-76, Subscription Opens August 2
Indian electric vehicle (EV) manufacturer Ola Electric Mobility Ltd has announced its initial public offering (IPO) details.
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OLA Electric IPO To Open Between August 2 to August 6, 2024; Listing Likely On August 9, 2024
Ola Electric's IPO will be open for public subscription from August 2 to August 6, 2024.
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Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion
Ola Electric's IPO will open for retail subscription on August 2, the EV maker has confirmed via a regulatory filing. The stock offering is set to value the company between $4.2 billion to $4.4 billion, about 18.5% to 22% lower than in its last funding round in September, two people familiar with the matter told Reuters.
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Ola Electric Suspends Car Launch Plans, Wants To Focus On Scooters, Bikes: Report
IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business, two people with direct knowledge of the decision said.
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Opinion | Freshers to Founders: What The 'IPO Wave' Really Says About India's Startups
The current wave of IPOs reflects a broadening investor base and a deepening trust in India's homegrown startups.
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Ola Electric Gets Markets Regulator SEBI's Nod For Rs 5,500 Crore IPO
Bhavish Aggarwal-led Ola Electric has received the go-ahead from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
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Ola Electric IPO Gets SEBI Nod, Listing Likely In Less Than A Month
The Securities and Exchange Board of India has given the Bhavish Aggarwal-led company approval to launch an IPO to raise as much as Rs 7,250 crore (about $850 million), people aware of the matter told NDTV Profit on the condition of anonymity.
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Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
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Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024
Ola Electric Mobility is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021.
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Ola Electric Said to Hold Investor Meet on IPO Plans From Next Week
India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion (nearly Rs. 8,250 crore) IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed by investors such as ...
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Ola Electric Aims for IPO by End of 2023, Hires Goldman Sachs, Kotak to Manage Share Sale
Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters.
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Ola's Bhavish Aggarwal Doubles Down on EVs to Undercut Elon Musk's Tesla
Ola's Bhavish Aggarwal wants his company Ola Electric Mobility to displace Elon Musk’s Tesla and China’s BYD as the industry leader for electric vehicles by carving out a niche in lower cost designs in India. Aggarwal told Bloomberg he wants to build companies with lasting impact, even if that means rubbing some people the wrong way. He said In...
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Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
Ola Electric's shares surged on Friday as the company's investors bet on increasing adoption of EVs in the country. Ola Electric's $734 million IPO is India's biggest so far in 2024 and with a 39% market share as of July, Ola Electric dominates sales of electric scooters in India, having launched its first model just three years ago.
-
Ola Electric IPO Allotment Today: Step-By-Step Guide To Check Status
The initial public offering (IPO) of Ola Electric Mobility Ltd, a manufacturer of electric two-wheelers, has concluded. Investors are now awaiting the Ola Electric IPO allotment, which is expected to be finalized on August 7.
-
Ola Electric IPO Opens Subscription: Here's Everything You Need To Know
The initial public offer (IPO) of electric vehicle (EV) maker Ola Electric mobility opened for subscription on Friday, August 2.
-
Ola Electric Sets IPO Price Band At Rs 72-76, Subscription Opens August 2
Indian electric vehicle (EV) manufacturer Ola Electric Mobility Ltd has announced its initial public offering (IPO) details.
-
OLA Electric IPO To Open Between August 2 to August 6, 2024; Listing Likely On August 9, 2024
Ola Electric's IPO will be open for public subscription from August 2 to August 6, 2024.
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Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion
Ola Electric's IPO will open for retail subscription on August 2, the EV maker has confirmed via a regulatory filing. The stock offering is set to value the company between $4.2 billion to $4.4 billion, about 18.5% to 22% lower than in its last funding round in September, two people familiar with the matter told Reuters.
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Ola Electric Suspends Car Launch Plans, Wants To Focus On Scooters, Bikes: Report
IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business, two people with direct knowledge of the decision said.
-
Opinion | Freshers to Founders: What The 'IPO Wave' Really Says About India's Startups
The current wave of IPOs reflects a broadening investor base and a deepening trust in India's homegrown startups.
-
Ola Electric Gets Markets Regulator SEBI's Nod For Rs 5,500 Crore IPO
Bhavish Aggarwal-led Ola Electric has received the go-ahead from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
-
Ola Electric IPO Gets SEBI Nod, Listing Likely In Less Than A Month
The Securities and Exchange Board of India has given the Bhavish Aggarwal-led company approval to launch an IPO to raise as much as Rs 7,250 crore (about $850 million), people aware of the matter told NDTV Profit on the condition of anonymity.
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Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
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Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024
Ola Electric Mobility is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021.
-
Ola Electric Said to Hold Investor Meet on IPO Plans From Next Week
India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion (nearly Rs. 8,250 crore) IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed by investors such as ...
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Ola Electric Aims for IPO by End of 2023, Hires Goldman Sachs, Kotak to Manage Share Sale
Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters.
-
Ola's Bhavish Aggarwal Doubles Down on EVs to Undercut Elon Musk's Tesla
Ola's Bhavish Aggarwal wants his company Ola Electric Mobility to displace Elon Musk’s Tesla and China’s BYD as the industry leader for electric vehicles by carving out a niche in lower cost designs in India. Aggarwal told Bloomberg he wants to build companies with lasting impact, even if that means rubbing some people the wrong way. He said In...
