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Ola Electric Files for ₹7,500 Crore IPO as EV Market Sees Strong Demand
Ola Electric seeks ₹7,500 crore via IPO to boost EV capacity and manufacturing investments as demand strengthens across India’s electric mobility sector.
Ola Electric has filed draft papers for a ₹7,500 crore IPO, aiming to capitalise on accelerating EV adoption and expanding domestic demand. The company plans to use the proceeds to enhance battery capacity, invest in manufacturing, and strengthen its supply chain ecosystem. Investor interest remains strong given India’s rapid shift toward electrification, although analysts will track profitability timelines and competitive intensity in the two wheeler EV market.