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OLA Electric: Is there any future?
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VIDEO INTRODUCTION:
Hi everybody,
Ola Electric is going IPO!! And this is yet again one of the most awaited IPOs in the Indian stock market in 2024!! While on one side, one segment of the investors are bullish on electric vehicles because its the next big revolution in India, on the other side, not just ola but even other EV companies are bleeding with 1000s of crores in losses!! And ola electric itself incurred a loss of 784.1 cr in fiscal 2022, 1472 crore in fiscal 2023 and 267.1 crore in the 3 months ending at June 2023 respectively!
And even with these losses in their financial Ola is still very confident of getting a wonderful IPO response!! So for this episode, we got deep into these 400 pages of DRHP paper that Ola electric filed with Sebi, so that we can help you understand,
What does the 2 wheeler market of the electric vehicles in India look like?
Where does Ola electric stand in the electric race of India as comapred to hero electric tvs and ather energy?
Why are they so confident about their IPO inspite of incurring 1000s of crores in losses?
What are the risks that Ola electric is facing in this heated Market of India?
And lastly, should you apply to invest in Ola electric’s IPO or not?
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✅Study Materials:
Is India Winning or Losing the Electric War?: Business Case Study
https://youtu.be/0QWC_N6Hi5s
https://cdn.olaelectric.com/si....tes/evdp/pages/inves
https://www.ey.com/en_in/autom....otive-transportation
https://timesofindia.indiatime....s.com/gadgets-news/h
https://www.autocarindia.com/b....ikes-amp/ola-electri
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