The price band for the Popular Vehicles and Services IPO is ₹280 to ₹295 per equity share, with a face value of ₹2. The subscription date for the Popular Vehicles and Services IPO is Tuesday, March 12, with a closing date of Thursday, March 14. The distribution to anchor investors for the Popular Vehicles and …
Rising gasoline prices, government incentives, and the introduction of inventive new models are all driving up demand for electric two-wheelers in India. January 2024 witnessed a phenomenal 26.14 percent year-on-year (YoY) rise, with 81,608 units sold. This momentum demonstrates rising customer interest and a thriving sector primed for future growth. Ola Electric leads the pack, …
Ola Electric, which is planning an IPO, has announced a price drop of up to Rs 25,000 for three models in its S1 scooter lineup. The discounted pricing are available just in February. The electric car manufacturer ascribed its decision to a good cost structure, vertically integrated in-house technologies, production capability, and eligibility for manufacturing …