{"id":838326,"date":"2024-07-29T10:13:38","date_gmt":"2024-07-29T04:43:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=838326"},"modified":"2024-07-29T10:13:38","modified_gmt":"2024-07-29T04:43:38","slug":"ola-electrics-%e2%82%b95500-crore-ipo-to-launch-next-friday-on-august-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/29\/ola-electrics-%e2%82%b95500-crore-ipo-to-launch-next-friday-on-august-2\/","title":{"rendered":"Ola Electric&#8217;s \u20b95,500 crore IPO to launch next Friday on August 2"},"content":{"rendered":"<p>Ola Electric is set to launch its \u20b95,500 crore initial public offering (IPO) for retail investors on August 2 or Friday next week, Reuters reported, quoting the company&#8217;s exchange filing, adding that the company would be valued between $4.2 billion to $4.4 billion, which is 18.5-22% lower than the last funding round in September, led by Singapore-based investment firm Temasek.<\/p>\n<p>The issue will go on till August 6, with founder and CEO Bhavish Aggarwal selling 37.9 million shares, which is 20% lower than estimated in the draft prospectus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ola Electric is set to launch its \u20b95,500 crore initial public offering (IPO) for retail investors on August 2 or Friday next week, Reuters reported, quoting the company&#8217;s exchange filing, adding that the company would be valued between $4.2 billion to $4.4 billion, which is 18.5-22% lower than the last funding round in September, led by Singapore-based investment firm Temasek. The issue will go on till August 6, with founder and CEO Bhavish Aggarwal selling 37.9 million shares, which is 20% lower than estimated in the draft prospectus.<\/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":[15,51,4],"tags":[],"class_list":["post-838326","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/838326","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=838326"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/838326\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=838326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=838326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=838326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}