LIVE: Bhavish Aggarwal Gives Details Of Ola Electric IPO, Price Band Set At ₹72-76

#olaelectric #olaipo #bhavishaggarwal #olaelectricscooter #upcomingipo #ola #olaelectrics The initial public offering (IPO) of Ola Electric includes a fresh share sale of up to ₹5,500 crore and offer-for-sale (OFS) of up to 8.49 crore shares by its promoters and existing shareholders amounting to ₹645.56 crore. The IPO opens for bidding on Friday, August 2 and closes on Tuesday, August 6. The electric vehicle (EV) maker is offering its shares in the fixed price band of ₹72-₹76 apiece. Interested investors can subscribe to the issue in a lot size of 195 equity shares and its multiples thereafter. The Bengaluru-based Ola Electric Mobility, founded in 2017, is an electric vehicle company that primarily manufactures electric vehicles and certain core components for electric vehicles such as battery packs, motors, and vehicle frames at the Ola Futurefactory. Promoter Bhavish Aggarwal and promoter group's Indus Trust, along with other shareholders including Alpha Wave Ventures, Alpine Opportunities Fund, Internet Funds III, MacRitchie Investment, Matrix Partners India Investments, SFV II Ostrich (DE), Ashna Advisors and Tekne Private Ventures XV will participate in OFS of the issue. #ipo2024 #olaelectricsipo #upcomingipo2024 #ipo #stockmarketnews #ola #olaelectricbike #financialnews #stockmarketupdates #ipo2024news #sharestobuy #financialupdate ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: www.businesstoday.in/ WhatsApp: whatsapp.comhttps://www.seevid.ir/fa/result?ytch=0029Va4Hd309hXFCqY62yD2I Facebook: www.facebook.com/BusinessToday twitter: twitter.com/business_today Instagram: www.instagram.com/business_today/

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