Ola Electric IPO opens on August 2: Check price band and other key details

Ola Electric announced its IPO, set for August 2-6, with a price band of Rs 72-76. The IPO includes a fresh issue worth Rs 5,500 crore and an offer for sale of 8,49,41,997 shares. The funds will be used for expanding battery production, repaying loans, and R&D. Ola aims to enhance its Gigafactory capacity and invest in growth initiatives. https://ift.tt/Kao5v6p