Ola Electric IPO pricing likely at about 25% lower than private valuation of $5.4 billion: sources

July 16, 2024

Ola Electric is launching a $4 billion IPO, 30% below its last valuation. The IPO seeks Rs 5,500 crore through a fresh issue and 95.2 million shares offer-for-sale. Initially targeting $6-7 billion, the valuation was adjusted to entice investors for post-issue profit.

More To Explore

Kerala Budget 2025 Highlights: High-speed rail corridor, metro projects, and IT park in Kannur, check all key announcements

Kerala Budget 2025 Highlights: Kerala Finance Minister K.N. Balagopal presented the 2025-26 budget, focusing on Metro rail projects, high-speed rail corridors, and the K-Homes project

February 7, 2025

Sonata Software sinks 15% as Q3 profit drops sequentially on margin erosion

Sonata Software shares plunged 15.1% after reporting a 1.4% sequential decline in Q3 profit to Rs 105 crore, impacted by margin erosion due to a

February 7, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003