Lol this ipo barely managed to be fully subscribed. Only is last hour some institutional buyer applied. Still at 0.4x only for QIB

Decent ipo not even good are getting 100x to 600x subscription and ola ipo barely got 1x and that too because of their employees. Probably forced them to do it lol


It will be better to buy this when it goes below it's ipo price if you really want to invest in ola.
 

Bhavish Aggarwal, Ola, Founder and CEO, said the tech billionaire Elon Musk should stop doing businesses that he is doing. When asked that people do draw comparisons between him and tech billionaire, Elon Musk, he said, “You know, I’m just being myself. I’m much younger than him, and he’s someone we all look up to. But honestly, I’m not sure why he’s venturing into the same businesses I’m in. Maybe he should try something new for a change.” He added, “I started Krutrim before he launched his AI venture.”
 
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