EV manufacturer Ola Electric has received approval from the market regulator SEBI for its initial public offering (Ola IPO), aiming to raise Rs 7,250 crore. In December, Ola Electric submitted a draft red herring prospectus (DRHP) to SEBI, proposing to raise up to ₹5,500 crore through a fresh equity issue, with a target valuation of […]
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Ola IPO: Product Faults And No Profit Pathway; Investors Should Proceed With Caution while Investing
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