OLA electric is the next decacorn? ⚡ ⚡

Post IPO it's almost 2x

HSBC raised Target Price to 140

What's your take guys especially seeing their future plans of bike n cars!

Desi tesla loading ✌️🚀💎

10mo ago

9 min AI interview5 questions

SnoozyPanda

Wrong. It's the next nvidia

SillyDonut

TCS10mo

/s ?

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by SqueakyPickleGoogle

Hero has revenue of Rs. 35,000 crore & profit of rs. 4000 crores.Ola Electric has revenue of Rs 373 crore and loss of Rs 784 crore... OLA Electric (OE) aims 7-8 Bn $ IPO Valuation while Hero has 10 Bn $ valuation

Soneone explain rationale here !

Top comments

" but ola has innovation" , " kya matlab founder ke IIT se hone se valuation multiple jayada nhi hona chahiye" , " ol...

More direct comparison would be Ather which is at 4x revenue/sales multiple ($900mn/$225mn) Even giving Ola Elec...

by CosmicTacoGrapevine

Ola Electric, known for its e-scooters, has set a price band of Rs 72-76 per share for its IPO, translating to a market cap of $3.8-4 billion, which is 25% lower than its 2023 valuation of $5.4 billion. This drop means late-stage inves...

by CosmicTacoGrapevine

Ola Electric, led by Bhavish Aggarwal and backed by Softbank, is preparing to launch its IPO in the first half of August.
This IPO will be the first by an Indian EV two-wheeler maker, marking a significant milestone for India's auto...

by CosmicTacoGrapevine

Ola Electric's market share dropped to 27% in September from 32% in August, with sales hitting an 11-month low.
The company has been facing issues with hardware malfunctions and customer complaints, receiving almost 80,000 complaint...