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Ola Electric IPO: E2W maker raises Rs 2,763 cr from anchor investors

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Ola Electric, India’s largest electric two-wheeler (e2W) maker, on Thursday allotted 364 million shares to anchor investors to mop up Rs 2,763 crore. The allotment was made at Rs 76 apiece — the top-end of its price band.


Ola’s Rs 6,146 crore IPO, the biggest since the Rs 21,000 crore IPO of the state-owned LIC in May 2022, opens for subscription on Friday and…


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