Ola Electric shares surge 18% to Rs 90 on listing day

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4 months ago

The Bhavish Aggarwal led firm made a lacklustre debut on Friday, listing at Rs 76 on the NSE, matching the issue price, despite high investor demand. On the BSE, the stock debuted at Rs 75.99, a discount of 0.01%. The IPO included a fresh issue of Rs 5,500 crore and an offer for sale (OFS) of 84 million shares.

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