Ola will make you win
Ola, which rose to popularity with its app-based taxi service, started manufacturing and selling electric scooters a few years ago. Today, it is one of the largest electric scooter companies in the country, which will give it a great opportunity to earn revenue during the upcoming month of August. You can also make money with Ola and you will have to invest a minimum of Rs 15,000 only.
Bhavish Aggarwal’s Ola Electric IPO could be launched on August 2. While anchor investors will be able to invest in it on August 1. The company’s IPO will close on August 6. Tell us some other details related to this…
The weekend falls in the middle.
Generally, when any company brings an IPO, it is only for 3 days. However, Saturday and Sunday are the holidays that fall between the possible IPO dates of Ola Electric. Therefore, the IPO of the company is expected to close on August 6. After the IPO, the shares of Ola Electric will be eligible for listing on August 9. However, Ola Electric has not given any clear information on this yet.
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How can you win?
Experts say that Ola is a futuristic company. The demand for electric 2-wheelers in the country will increase in the coming years and by being a pioneer, Olo will get an edge in this segment. In such a situation, the company’s IPO is also a good opportunity to make money.
Ola Electric had filed its IPO documents with SEBI on December 22, 2023. According to Money Control News, the company may raise Rs 74 crore from the IPO. In this regard, apart from issuing new shares, the company’s investors will also offer the shares for sale.
As per SEBI rules, retail investors i.e. the common man can invest only a minimum of Rs 15,000 and a maximum of Rs 2 lakh in the IPO of any company. In such a situation, for Ola IPO too you will need a minimum investment of Rs 15,000. In such a situation, you can invest money in Ola IPO and sell the company after seeing the actual profits when it gets listed in the stock market.
