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In the media09 Jan 2024

Ola Electric’s Billion-Dollar EV Ride - Is Sales Enough To Ease IPO Pricing, Valuation Fears?

UnlistedZone Research

Research desk

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Umesh Chandra Paliwal, Cofounder of UnlistedZone, Latest Article in Inc 42 wherein he said that the Ola Electric IPO is expected to see a valuation of around $6 Bn-$7 Bn. Given the favorable market conditions for IPOs in 2024, fundraising at such valuations seems feasible. He expects the company’s bankers to price the IPO at around INR 130-INR 150 to attract large subscription bids. Read the Full Article Here

Umesh Chandra Paliwal, Cofounder of UnlistedZone, Latest Article in Inc 42 wherein he said that the Ola Electric IPO is expected to see a valuation of around $6 Bn-$7 Bn. Given the favorable market conditions for IPOs in 2024, fundraising at such valuations seems feasible. He expects the company’s bankers to price the IPO at around INR 130-INR 150 to attract large subscription bids.

Read the Full Article Here

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