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Bhavish Aggarwal may cash in Rs 288-cr gain from Ola Electric IPO; Details

Business Standard LogoBusiness Standard7h ago

Bhavish Aggarwal may cash in Rs 288-cr gain from Ola Electric IPO; Details - Business Standard

Quick Summary:

Bhavish Aggarwal currently holds 36.

The IPO also ncludes an offer for sale, with the promoters and investors offloading 84,941,997 shares with a face value of Rs 10, aggregating to Rs 645.56 crore.

Ola Electric IPO: Bhavish Aggarwal-led, Ola Electric Mobility Limited, which commands nearly 35 per cent market share in India's electric two-wheeler market, is scheduled to open its initial public offering (IPO) for subscription on Friday, August 2, 2024.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 14:26:28 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 622 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21853071

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 256 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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