Ola Electric could make muted debut, predict analysts

August 9, 2024

Ola Electric Mobility’s market debut was subdued, with its grey market price indicating a lower opening than its IPO range. The significant IPO was subscribed 4.27 times, yet analysts pointed to limited HNI interest. Experts recommend selling the stock upon listing due to uncertainty over the company’s near-term prospects.

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Ashish Kacholia and Samara Capital backed Sahajanand Medical Technologies files DRHP for IPO

Sahajanand Medical Technologies (SMT) has filed for an IPO with SEBI to raise funds through an offer-for-sale of 27,644,231 equity shares. Prominent shareholders like Samara

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