EV player Ola Electric files IPO papers with SEBI
The IPO of Bhavish Aggarwal-led EV company is a mixture of fresh issue of equity shares up to ₹5,500 crore and an offer for sale of 9.5 crore equity shares.
The IPO of Bhavish Aggarwal-led EV company is a mixture of fresh issue of equity shares up to ₹5,500 crore and an offer for sale of 9.5 crore equity shares.
The pen maker proposes using IPO capital to set up a new manufacturing facility for writing instruments in Valsad (Gujarat) and repaying loans.