Big Sale: Ola Electric is selling new and existing shares to raise ₹6,145.56 crores.
Timeline: Starts August 2, 2024. Ends August 6, 2024. Trading begins August 9, 2024.
Price: Each share costs ₹72 to ₹76. You must buy at least 195 shares.
Company Health: Making more money, but also spending more.
Competition: New player compared to established brands like TVS and Bajaj.
Plans: Use money to make more batteries, pay debts, and grow bigger.
Risks: New company still losing money. Needs government support to succeed.