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Ola Electric Advances ₹7,500 Crore IPO Process with Updated Draft Filings
Ola Electric progressed with its ₹7,500 crore IPO as updated filings highlighted FY25 revenue above ₹5,400 crore and expansion plans focused on EV manufacturing.
Ola Electric moved forward in its ₹7,500 crore IPO process by submitting updated draft documents for regulatory review. The offering includes a fresh issue component aimed at funding battery manufacturing, product development and capacity expansion. The company reported over ₹5,400 crore in FY25 revenue, driven by strong e-scooter sales and expanding distribution.