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Ola Electric DRHP: Promoter s conflict of interest, mounting losses, soaring attrition among 7 things to watch out for
Ola Electric filed its Draft Red Herring Paper (DRHP) on December 22 and plans to raise Rs 7,250 crore via IPO.
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Ola Electric files DRHP, plans to invest Rs 1,226 crore for capex
The EV maker with a total IPO size of Rs 7,250 crore, will also utilise the some of the net proceeds of up to Rs 1,600 crore towards investment into Research and Development.
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