The general public challenge of Ola Electrical Mobility, the primary pure EV firm to hit the capital market, noticed a reasonable response from traders. The IPO was subscribed 4.27 occasions with certified institutional traders and retail traders exhibiting extra curiosity, as their respective portion was subscribed 5.31 occasions and three.92 occasions. Nonetheless, HNIs (non-institution traders) … Read more
Ola Electrical is navigating new troubles with MapmyIndia suing it for allegedly copying its knowledge and breaching the licensing settlement whereas creating Ola Maps. It appears like full fledged desi map battle forward. Earlier this month, Ola launched its personal maps product, Ola Maps, turning into the second main indigenous participant, moreover MapmyIndia, to compete towards Google … Read more
The primary half of 2024 has been an eventful section for IPOs within the mainboard phase. With 38 corporations going public to this point in 2024 and extra IPOs projected to be launched within the second half of the yr, together with the mega IPOs of Hyundai India and Ola Electrical, the going seems good. … Read more