Ola Electric Mobility IPO subscribed 4.26 times on final day
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Autocar Professional Bureau
06 Aug 2024
“EV continues to be front and center of our priorities going forward,” Managing Director Sudarshan Venu told investors at the company’s annual general meeting.
Read moreThe Qualified Institutional Buyer Portion was subscribed 5.31 times.
This strategic move is vital for Zoomcar’s business, where over 40% of Guests also own cars.
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Revenue from operations rose 16% in Q1 FY25, to Rs 8,375.59 crore.