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Ola Electric launches QIP, sets floor price at Rs 37.74 - The Economic Times
Ola Electric has launched a qualified institutional placement (QIP) with a floor price of Rs 37.74 per share to raise funds amidst challenges like slowing sales and shrinking market share. The company aims to navigate these issues by doubling down on localization and vertical integration, with a focus on EV products and cell manufacturing.
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economictimes.indiatimes.com
Ola Electric launches QIP to raise funds, sets floor price at Rs 37.74 a share
Ola Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of Rs 37.74 per share. The company may offer up to a 5% discount, while the…
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Ola Electric launches QIP, sets floor price at Rs 37.74 - The Economic Times
Ola Electric has launched a qualified institutional placement (QIP) with a floor price of Rs 37.74 per share to raise funds amidst challenges like slowing sales and shrinking…
