The startup raised INR 2,763 Cr from anchor investors at INR 76 per equity share
Investors like SBI, HDFC, Nippon Life, Nomura Asset Management, Government Pension Fund of Norway, and Fidelity participated in the anchor round
Ola Electric has set a price band of INR 72-76 per equity share for its IPO, which will close on August 6
Bhavish Aggarwal-led Ola Electric has raised INR 2,763 Cr from anchor investors at INR 76 per equity share.
The electric vehicle (EV) startup, whose initial public offering (IPO) will open on Friday (August 2), allotted 36.35 Cr shares to 84 anchor investors.