Ola electric IPO opens august 2 at ₹72-76 per Share

Ola Electric's IPO, scheduled from August 2 to 6, aimed to raise ₹6,146 crore with shares priced between ₹72-76. The funds were planned for working capital, debt repayment, and research. The IPO included contributions from founder Bhavish Aggarwal and prominent investors. The company's revenue and losses both saw significant changes in FY24.