Ola Electric received market regulator Sebi (Securities and Exchange Board of India) nod for its intial public offering (IPO).
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Ola Electric, led by Bhavish Aggarwal, has received Sebi approval for the first electric vehicle startup IPO in India. The Bengaluru-based company plans to raise up to Rs 5,500 crore through a fresh issue of shares
Ola Electric received market regulator Sebi (Securities and Exchange Board of India) nod for its intial public offering (IPO).
The IPO includes fresh equity sale worth ₹800 crore and an OFS of 1.36 crore equity shares by promoters and existing shareholders.
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