Ola Electric’s Falcon Flight

Bhavish Aggarwal-led Ola Electric Mobility’s Rs 6,166 crore Initial Public Offering (IPO) is set to open on August 2 amid high anticipation among investors. From starting as a cab aggregator to becoming India’s first electric mobility company to hit Dalal Street, Ola Electric’s journey has been a long one.

As the shares of the company are set for listing on exchanges on August 9, Republic Business brings to you a visual picture of Ola Electric Mobility and its high-profile public IPO.

The EV maker’s IPO will close on August 6 with the allotment expected to be finalised by Wednesday next week on August 7. The IPO will list on the BSE and NSE with a tentative listing date of Friday, August 9.

Bhavish Aggarwal will be on Dalal Street on August 9 for the public listing ceremony for the startup that he scaled substantially over a short period of time. Aggarwal believes that even though this IPO is a key milestone for the company, it is still another milestone. 

“Ye ek padhav hai, wo padhav successful hona hai, aur uske baad agli journey tak jana hai (This is a stage we need to successfully cross, and then we move on to the next journey),”  said Aggarwal in his recent media interaction.