Ola Electric IPO: Ola Electric has gone public. Its IPO is currently the hottest-selling thing in the market after it opened on August 2. With this IPO the company, which has been a loss-making firm since its inception, is trying to raise more than Rs 6000 crore.

Money-Wise: Ola Electric rides IPO market. Here's everything you need to know before investing

OLA Electric, India's leading electric scooter manufacturer, successfully concluded its initial public offering on Tuesday. The offering garnered $1.8 billion in bids, oversubscribing 4.3 times. With this, OLA Electric's valuation touched $4 billion, marking a 25 percent decline from its previous funding round. This makes it the largest IPO in India for 2024.

OLA Electric IPO oversubscribed 4.3 times, raising $1.8 billion

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Money-Wise: Ola Electric rides IPO market. Here's everything you need to know before investing

OLA Electric IPO oversubscribed 4.3 times, raising $1.8 billion