The Rs 418 crore initial share sale got bids for 1,47,92,58,933 shares against 1,49,44,944 shares on offer, according to NSE data
The company, promoted by Olive Vine Investment Ltd, an affiliate of private equity major Warburg Pincus, proposes to use the funds to increase its capital base for future needs
Introduces critical tweak to weed out fake orders during call auction
The Rs 418 crore initial share sale received bids for 134,284,887 shares against 14,944,944 shares on offer, as per NSE data
Ola Electric is eyeing a $6-7 billion valuation through the offering
The price range for the offer is Rs 114-120 per share
IPO comprises fresh issue of equity shares worth Rs 800 crore and OFS of 13.6 million equity shares by promoters
Ola Electric IPO: The the first public offering by an EV startup in India includes an offer-for-sale component of 95.2 million shares
The Rs 418 crore initial share sale received bids for 3,74,51,044 shares against 1,49,44,944 shares on offer, as per NSE data
The initial share-sale will conclude on June 27 and the bidding for anchor investors will open for a day on June 24, according to the red herring prospectus (RHP)
Hyundai Motor India IPO: How does Hyundai compare with Indian listed peers? Check key metrics here
Divine Power Energy IPO: The manufacturer of insulated wires and strips aims to raise Rs 22.76 crore via the public offering of its shares in a price band of Rs 36-40 per share
Investment bankers say early stage talks on with about half a dozen foreign firms
And contrary to what you might think, it is all kosher
Som Distilleries child labour: Labour at the associate company is supplied by contractors. It may be the fault of the contractor, Som Distilleries has clarified
Hyundai has been locked in competition with rivals including Maruti Suzuki India Ltd. and Mahindra & Mahindra Ltd
Expected IPOs in the coming months include those of Ola Electric, FirstCry, Waaree Energies, Fincare Small Finance Bank, Bansal Wire Industries, NSDL, among others
Hyundai has been locked in competition with rivals including Maruti Suzuki India Ltd. and Mahindra & Mahindra Ltd
Hyundai Motor India sought regulatory approval on Saturday to list on the Mumbai stock market in what could be the biggest IPO in the South Asian nation
If the listing proceeds as planned, this transaction would become the largest IPO in India's corporate history, surpassing the previous record set by the state-owned LIC's $2.7 billion listing in 2022