Ather’s IPO: Attention-grabbing gleanings on EV trade from its DRHP and the way PM E-Drive can provide a booster dose

With plans to go public, Ather Vitality has sought to lift ₹3,100 crore via a mix of recent capital and a proposal on the market (OFS) from present buyers. As per the corporate’s DRHP, in FY24, it reported revenues of round ₹1,700 crore however confronted vital losses of roughly ₹1,000 crore. These losses had been … Read more

Ola Electrical IPO: Analysing its potential and do you have to subscribe?

Pricing the IPO was by no means going to be a straightforward train for Ola Electrical (Ola), the primary pure-play electrical automobile (EV) producer trying to record on the bourses. For one, with bulls persevering with to rule the roost, it’s a market the place one could make hay when the solar shines, particularly in … Read more