it will hit the market down
OLA Electric IPO
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OLA Electric IPO
To Finally Hit The Markets
(Tentative Details)
Anchor Bidding : 1st August
Issue Date : 2-6 August
Listing : 9th August
Expected IPO Size : 6150 cr
Expected Valuation : 34000 cr
Expected PB : ~150
Final Document Expected To Get Filed Today Itself
Deal Wiki
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Last updated by: FighterMan
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Nothing will go down in Market
Even budget could not get market down.
It will touch 30k soon by December.
in reddit people claiming ex ola employee saying ola is bigger scam than byjus
Ultimate ola will not so successfully
People think electric vehicle will save the money but it will not in my opinion as
1) weather conditions
2) risk element with battery
3) can not travel long distance (may be in future they can increase capacity to travel longer distance)
4) no patience for charging during travel people will not even 5 mins in petrol bunks
5) battery capacity and replacement cost
AS A MATTER OF FACT: Electric technology is older than IC engines xD
THEN WHY ELECTRIC got dropped and waded into history WHY??
because it was not successful in past AND IT WONT GET SUCCESSFUL NOW AS WELL:)
only thing that ELECTIC CAN GIVE SUCCESS IS BEING HYBRID (i.e as support)
to improve EFFICIENCY OF OTHER FUELS LIKE PETROL/GASOLINE, OR HYDROGEN FUEL... ETC
Electric should be maintained as SUPPORT not MAIN
this will eventually fall like house of cards, ALREADY OLA DID FALL BAD IN US
Would not be surprised even after posting sequential losses people would over subscribe to this issue( 50-80x).. desperate money chasing anything and everything, God knows what will survive and thrive.
they stole mapmyindia maps and called it their own ola map now mapmyindia gonna sue them, this ipo is gone case now
sounds good
Nothing will go down in Market
Even budget could not get market down.
It will touch 30k soon by December.