Anchor Investors

Ahead Of IPO, Ola Electric Raises Rs 2,763 Cr From Anchor Investors

As outlined in its prospectus, Ola Electric Mobility Ltd (OEML) intends to allocate Rs 1,227.6 crore from the proceeds of the Rs 5,500-crore public issue towards expanding the capacity of its cell manufacturing plant from 5 GWh to 6.4 GWh.