India’s Largest EV Scooters Maker coming out with IPO

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OLA ELECTRIC Limited Files DRHP with SEBI

Issue Size : ( Around 8700 cr Issue )
Fresh – 5500 cr
OFS – 95,191,195 Shares

Company may Consider Pre-IPO Placement of 1100 cr

FV : Rs.10 /-
Retail : 10%
Employee Quota : Yes ( 5% )

Financials FY 23 :
Revenue – 2782.7 cr
Loss – 1462.1 cr

Q1 FY 24 :
Revenue – 1278.7 cr
Loss – 267.2 cr

LM :
1.Kotak Mahindra Capital
2.BofA Securities
3.Axis Capital
4.SBI CAPS
5.Citigroup Global
6.Goldman Sachs India
7.ICICI Securities
8.BOB Capital Markets

Registrar : Linkintime

www.startupstreets.com, www.intellexCFO.com

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