{"id":838223,"date":"2024-07-29T09:50:42","date_gmt":"2024-07-29T04:20:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=838223"},"modified":"2024-07-29T09:50:42","modified_gmt":"2024-07-29T04:20:42","slug":"investors-rush-to-find-anchor-in-ola-electric-ipo-local-foreign-cos-sign-up-for-likely-350m-book","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/29\/investors-rush-to-find-anchor-in-ola-electric-ipo-local-foreign-cos-sign-up-for-likely-350m-book\/","title":{"rendered":"Investors rush to find anchor in Ola Electric IPO; local, foreign cos sign up for likely $350m book"},"content":{"rendered":"<p>Mumbai: Overseas and local investors have shown keen interest in participating in the anchor book of Ola Electric Mobility as the valuation of the electric two-wheeler maker&#8217;s initial public offering (IPO) approaches $4 billion, down from earlier expectations. The IPO is set to open August 2.<\/p>\n<p>Domestic investors, including SBI AMC, HDFC AMC, Nippon Life India AMC and UTI AMC will bid about $200 million each, while international ones such as Fidelity, Nomura and Norway&#8217;s Norges Bank will bid in the range of $75-100 million each.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Overseas and local investors have shown keen interest in participating in the anchor book of Ola Electric Mobility as the valuation of the electric two-wheeler maker&#8217;s initial public offering (IPO) approaches $4 billion, down from earlier expectations. The IPO is set to open August 2. Domestic investors, including SBI AMC, HDFC AMC, Nippon Life India AMC and UTI AMC will bid about $200 million each, while international ones such as Fidelity, Nomura and Norway&#8217;s Norges Bank will bid in the range of $75-100 million each.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-838223","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/838223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=838223"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/838223\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=838223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=838223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=838223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}