Monday, 29 July, 2024

Investors Show Strong Interest in Ola Electric's $350M IPO Anchor Book

Ola Electric's upcoming IPO has garnered significant attention from both local and foreign investors, with many signing up for the anchor book, expected to raise around $350 million. The interest highlights strong investor confidence in the company's growth potential in the electric vehicle market. The anchor book will likely set the tone for the public offering, with final allocations to be confirmed soon.