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Ola Electric Files Papers For Its IPO

By Viestories

Ola Electric has submitted a draft red herring prospectus (DRHP) for an IPO (initial public offering) of shares to the Securities and Exchange Board of India (Sebi). The electric mobility firm is aiming to raise a total of Rs 5,500 crore through a new share sale.

Mamaearth's IPO Listing: Stock Makes a Quiet Debut

By Viestories

Mamaearth's parent company, Honasa Consumer Ltd., launched its shares on the BSE on Tuesday at ₹330, 1.85% over the issue price of ₹324. The company's ₹1,701-crore initial public offering (IPO), which ended on November 2, was subscribed 7.61 times over, showing significant investor interest.