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Июль
2024

Ola Electric prices IPO at Rs 72-76 per share

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Ola Electric's IPO, priced at 72-76 rupees per share, begins this week. The $740 million offering is the first by an Indian electric vehicle maker and one of India's largest IPOs this year. It will raise funds for capital expenditure and R&D. Notable investors include Fidelity and Nomura. Ten percent of the IPO is reserved for retail investors.



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