Ola Electric IPO

2024 - 7 - 29

Buckle Up! Ola Electric's IPO is Here to Rev Your Investment Game!

Bhavish Aggarwal - Electric Vehicles - India - Investment - IPO - Ola Electric - Stock Market - Sustainability

Ola Electric's IPO is set to zoom into the market, raising ₹10,000 crore! Discover all you need to know, from revenue spikes to investor returns!

Ola Electric Mobility Limited, the brainchild of the visionary Bhavish Aggarwal, is bursting onto the investment scene with a much-anticipated IPO aimed at raising a staggering ₹10,000 crore! After its latest revenue report for FY24 showcasing a remarkable surge to ₹5243.27 crore — skyrocketing from ₹2782.69 crore the previous year — it's clear that this electric vehicle (EV) startup has a lot to offer. The increasing sales of the coveted Ola S1 and Ola S1 Pro have been a driving force behind this financial triumph, proving that the electric revolution is in full swing and investors are eager to get on board.

As the public eagerly awaits the subscription window from August 2 to 6, here are ten key takeaways from the Red Herring Prospectus (RHP) of this SoftBank-backed gem. Ola Electric's total market value is estimated to hover around ₹33,500 crore, which certainly sounds tempting for potential investors. Out of the ₹10,000 crore target, a fresh issue worth ₹5500 crore will be on offer, along with an Offer for Sale (OFS) component that consists of approximately ₹645.6 crore worth of shares. Talk about a buffet of investment opportunities!

The excitement doesn't stop there; early investors like Tiger Global are expected to smile all the way to the bank with a jaw-dropping projected return of 549%. With such lucrative returns, many financial pundits are predicting that Ola Electric could turn into one of India's hottest stocks. Riding high on innovation and tech-savvy strategies, the company set its price band between ₹72 and ₹76 per share. So, what's holding you back? If you've been thinking of electrifying your portfolio, this IPO might just be the spark you need!

By the way, did you know that Ola Electric was established in 2017 and has consistently been at the forefront of India's EV revolution? As the country moves towards cleaner and greener transportation solutions, companies like Ola Electric are setting the wheels in motion for a sustainable future. Feel the need for speed? Buckle up, because Ola's electric journey is just beginning!

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Image courtesy of "Business Today"

Ola Electric IPO: Bhavish Aggarwal seeks Rs 10000 crore at listing ... (Business Today)

Ola Electric's revenue for FY24 surged to Rs 5243.27 crore from 2782.69 crore in FY23, primarily due to increased sales of the Ola S1 and Ola S1 Pro ...

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Image courtesy of "Business Standard"

Ola Electric IPO: 10 key points to know from India's 1st EV startup RHP (Business Standard)

As investors await the subscription window to open, here are the 10 key points taken from the Red Herring Prospectus (RHP) of SoftBank-backed Ola Electric ...

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Ola Electric IPO: From key investors to risks, here are 10 things to ... (Livemint)

The company's total market value is expected to be approximately ₹33,500 crore. The OFS will see the sale of 3.79 crore and 41.79 lakh equity shares, ...

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Image courtesy of "Economic Times"

Ola Electric IPO: Two early Ola Electric investors to reap up to 824 ... (Economic Times)

Ola Electric IPO Latest News: Tiger Global, through its arm Internet Fund Pte, has acquired the shares at Rs 11.70 and will get around 549% return on ...

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Image courtesy of "Times of India"

Ola Electric IPO opens on August 2: Check price band and other key ... (Times of India)

India Business News: Ola Electric announced its IPO, set for August 2-6, with a price band of Rs 72-76. The IPO includes a fresh issue worth Rs 5500 crore ...

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Image courtesy of "India Today"

Ola Electric IPO to open soon: 10 things to know before subscribing (India Today)

Established in 2017 by Bhavish Aggarwal, Ola Electric Mobility Limited is a company specialising in electric vehicles.

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Image courtesy of "CarandBike"

Ola Electric IPO To Open On August 2; Shares To Be Offered In The ... (CarandBike)

8,49,41997 shares of Ola Electric with an aggregate value of Rs 5500 crore will be offered for sale on the exchange.

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Image courtesy of "Inc42 Media"

Ola Electric IPO: Co Sets Price Band At INR 72-76, Aims To Raise ... (Inc42 Media)

Ola Electric IPO: Public offer comprises a fresh issue of shares worth INR 5500 Cr and an OFS component of 8.49 Cr shares worth INR 645.6 Cr.

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Image courtesy of "The Hindu"

OLA electric IPO: Ola Electric Mobility fixes IPO price band at ₹72 ... (The Hindu)

Ola Electric Mobility Ltd. announces IPO to raise ₹6145.56 crore, focusing on electric two-wheelers and EV infrastructure.

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Image courtesy of "India Today"

Ola Electric IPO: Should you invest in this year's biggest D-Street ... (India Today)

The IPO of EV maker Ola Electric is also the biggest this year until now, looking to raise Rs 6145.56 crore.

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Image courtesy of "The Economic Times"

Ola Electric IPO; Rapido turns unicorn (The Economic Times)

Founder Bhavish Aggarwal is also reducing the number of shares he is selling via the OFS component by about 20%, offloading 38 million shares. Startup IPOs from ...

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Image courtesy of "Business Standard"

Electric 2W player Ola Electric sets IPO price band at Rs 72-76 per ... (Business Standard)

Volume growth, vertical integration would be the main pillars for improving its margins, founder and CEO Bhavish Aggarwal told reporters on Monday.

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Image courtesy of "Reuters"

Ola Electric to raise $734 mln in India's biggest IPO this year (Reuters)

Indian e-scooter maker Ola Electric said on Monday it aimed to raise $734 million in the country's biggest IPO this year, a deal set to lure major foreign ...

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Image courtesy of "नवभारत टाइम्स"

Ola Electric IPO का प्राइस बैंड हो गया तय, जान लीजिए महत्वपूर्ण डेट और ... (नवभारत टाइम्स)

Ola Electric IPO Date: ओला इलेक्ट्रिक का नाम तो आपने जरूर सुना होगा। यह कंपनी इलेक्ट्रिक टू-व्हीलर बनाती है। इस कंपनी का आईपीओ इसी ...

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Image courtesy of "मनी कंट्रोल"

Ola Electric IPO: विजय शेखर शर्मा, जोया और फरहान अख्तर अपने निवेश ... (मनी कंट्रोल)

पेटीएम के फाउंडर विजय शेखर शर्मा, फिल्म डायरेक्टर जोया अख्तर और उनके भाई और एक्टर-डायरेक्टर फरहान अख्तर के पास बड़ी ...

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Ola Electric IPO: ओला इलेक्ट्रिक ने तय किया आईपीओ का प्राइस बैंड, इन ... (ABP News)

Ola Electric: इसे साल का सबसे बड़ा आईपीओ माना जा रहा है. आप 2 अगस्त से इस 6100 करोड़ रुपये के आईपीओ का हिस्सा बन सकते हैं.

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Image courtesy of "The Arc"

Ola Electric IPO: Matrix, Ratan Tata score big; Temasek in red | The ... (The Arc)

This would translate to a market cap of $3.8-4 billion, or Rs 32,048 crore to Rs 33,522 crore, which is 25% lower than the $5.4-billion valuation that the ...

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Image courtesy of "Deccan Herald"

Ola Electric IPO plans to raise Rs 6100 crore (Deccan Herald)

The IPO will consists of a fresh issue of equity shares aggregating up to Rs 5,500 crore and an offer for sale (OFS) of equity shares worth Rs 645.6 crore by ...

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Image courtesy of "Economic Times"

Ola Electric IPO GMP signals 16% upside ahead of subscription ... (Economic Times)

Ola Electric's IPO, opening on August 2, aims to raise Rs 5500 crore through a fresh issue and sell 8.49 crore shares. The IPO suggests a 16% grey market ...

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Image courtesy of "Business Today"

Ola Electric IPO meet takeaways: Outlook promising; scooters ... (Business Today)

Ola Electric IPO: PL said while Ola Electric's business outlook and growth prospects look promising, its journey towards profitability could be a key thing ...

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Image courtesy of "Times of India"

Ola Electric eyes Rs 6000 crore in 1st auto IPO since Maruti (Times of India)

India Business News: Ola Electric's Rs 6146-crore IPO, the largest this year, opened on Aug 2 and closed on Aug 6. The company sought to raise Rs 5500 crore ...

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Ola Electric IPO: Fueling EV expansion with focus on cell ... (Business Today)

Ola Electric Mobility is gearing up for a major expansion push in the electric vehicle (EV) market, announcing plans for an initial public offering (IPO) to ...

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Bhavish Aggarwal may cash in Rs 288-cr gain from Ola Electric IPO ... (Business Standard)

Bhavish Aggarwal currently holds 36.94 per cent of the issued, subscribed, and paid-up equity share capital of the company on a fully diluted basis.

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Image courtesy of "The Economic Times"

Bhavish Aggarwal on Ola Electric IPO; direct commerce spikes (The Economic Times)

Happy Tuesday! Ola Electric founder and CEO Bhavish Aggarwal spoke to us on taking the four-year-old EV startup public. This and more in today's ETtech ...

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Image courtesy of "Business Standard Hindi"

Ola Electric IPO: इस हफ्ते खुलने वाला है 6146 करोड़ रुपये का IPO, जानें ... (Business Standard Hindi)

Ola Electric IPO: कंपनी के संस्थापक और सीईओ भवीश अग्रवाल ने बिजनेस स्टैंडर्ड के साथ बातचीत के दौरान कहा कि यह आईपीओ कंपनी के लंबे ...

दो शुरुआती निवेशक Ola Electric IPO में 824% तक का रिटर्न प्राप्त करेंगे (Economic Times Hindi)

ओला इलेक्ट्रिक (Ola Electric) इस सप्ताह के अंत में 6100 करोड़ रुपये से अधिक जुटाकर इस साल का सबसे बड़ा आईपीओ लॉन्च करने की योजना ...

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