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Ola Electric raises Rs 780 Cr via QIP, issue oversubscribed by 56%

CJPN24 AI Desk••2 min read
Ola Electric raises Rs 780 Cr via QIP, issue oversubscribed by 56%
Ola Electric raises Rs 780 Cr via QIP, issue oversubscribed by 56%
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Ola Electric has raised Rs 780 crore through a Qualified Institutional Placement (QIP), with the issue being oversubscribed by 56% against its initial fundraising target of Rs 500 crore.

According to a stock exchange filing, the company allotted 21.7..

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Source: Entrackr

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