Ola Electric IPO: Is this ride worth your money?

Ola Electric, India’s largest electric two-wheeler maker, is gearing up to debut on the stock exchange with its initial public offering (IPO) opening for subscription on Friday, August 2. The proposed IPO includes a fresh issue of equity shares up to Rs 5,500 crore and an offer for sale (OFS) of 8.49 crore equity shares by promoters and investors, as indicated in the prospectus. Prior to subscribing to Ola Electric’s IPO, here’s what you need to know. Watch!