Ola Electric IPO: All you need to know before subscribing

Ola Electric, India’s largest electric two-wheeler maker, is set to ride to the bourses with its initial public offering (IPO) opening for subscription on Friday, August 2. The proposed IPO is a combination of a fresh issue of equity shares up to Rs 5,500 crore and an offer for sale (OFS) of 8.49 crore equity shares by promoters and investors, the prospectus showed.