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🚀 Ola Electric IPO: Ready to Hit Dalal Street!Ola Electric is gearing up for its highly anticipated IPO, opening on August 2nd. Let’s take a closer look at what makes this a significant event:Type of Issue:↳Total IPO size: ₹6,145.56 crores↳Fresh issue: 72.37 crore shares worth ₹5,500.00 crores↳Offer for sale: 8.49 crore shares worth ₹645.56 croresAbout the Business:↳Founded in 2017, Ola Electric specializes in manufacturing electric vehicles and core components like battery packs, motors, and vehicle frames at the Ola Futurefactory.Product Portfolio Expansion:Since August 2021, Ola has launched seven new products and announced four more.Delivered the first EV model, Ola S1 Pro, in December 2021, followed by Ola S1, Ola S1 Air, Ola S1 X, and Ola S1 X+.Price Band:↳Set between ₹72 and ₹76 per share.↳Minimum application lot size: 195 shares, requiring a minimum investment of ₹14,820 for retail investors.↳Proceeds Utilization:↳Capital expenditure for expanding capacity.↳Repayment or partial pre-payment of debt.↳Investment in research and product development.↳Expenditure on organic growth initiatives.↳General corporate purposes.Important Dates:↳Issue opens: August 2nd↳Ola Electric is paving the way for the future of mobility! What’s your take on this exciting IPO? Let us know in the comments!📢 Follow Us for More Insights!👉 Disclaimer: Investments in securities market are subject to market risks. Read all the related documents carefully before investing #smc #smcglobal #investing #olaelectric #ipo #ev
PROTECT YOURSELF FROM MULE ACCOUNT SCAM 👇 ✅ Don’t fall for offers that seem too good to be true. Take a pause before making any financial decisions. Always do your research before investing in an IPO. Your safety comes first! #ScamAware #ProtectYourself 🚫💰 ✅Stay vigilant and never share your banking details or login credentials. Take your time before making any financial decisions. Always do your due diligence before investing in any IPO. Spread the word to keep your loved ones safe! ✅ Scammers may pester you to take fast decisions, please take a pause and never respond to anyone under pressure especially when money is involved. Go through the DRHP report to understand IPOs financials. ✅ Never invest just because the IPO is Oversubscribed, understand how the promoters are going to use the IPO money. ✅ Always check the background of the management if they have been involved in any sort of fraud earlier. For example, companies like Urja Global’s management has often been part of the headlines due to scams or frauds. ✅ Always remember, it’s your duty to report the fraud to the concerned authorities. 💥 Here’s what to do next: 🤍Like this post if you’re excited about becoming better at trading 💾Save this post for reference as you become a better version of you ✈️Share this with everyone who wants to earn money from stock market And Follow @smcglobal.official for Stock Market [Investors, SEBI, mule account scam, multiple IPO applications, madhavi puri buch, smcglobal.official, IPO, SME IPO, main board IPO, online fraud, IPO scam] #SMC #SMCGlobal #MoneywiseBeWise #ipo #sebi #onlinefraud #smcglobal #investors #StockMarketIndia #ScamAware #ProtectYourself #SMC #SMCGlobal #MoneywiseBeWise #ipo #sebi #onlinefraud #smcglobal #investors #StockMarketIndia
Empress Mills is the oldest and the largest composite textile mill the country has ever had. It was set up in 1877 by Sir Jamsetji Tata as the ‘The Central India Spinning Weaving and Manufacturing Company, Empress Mills’. In 1986, MSTC took over the mill after the Tatas threw up their hands. #SMC #SMCGlobal #MoneywiseBeWise #InvestmentWisdom #IPO #StockMarketKnowledge #Investment #Trading #DalalStreet #MutualFund #Sensex #Nifty50 #NSE #BSE #StockMarketIndia #SMC #SMCGlobal #MoneywiseBeWise #InvestmentWisdom #IPO #StockMarketKnowledge #Investment #Trading #DalalStreet #MutualFund #Sensex #Nifty50 #NSE #BSE #StockMarketIndia
Don't miss out on the Allied Blenders and Distillers IPO! Check out our detailed analysis covering subscription, allotment, listing details, and more. 📅 Open from June 25 to June 27, 2024. Watch now to make an informed decision! 📈 #Smc #Smcgroup #IPOALERT #IPO #AlliedBlenders #StockMarket #Investing #Finance #MarketTrends #InvestmentAnalysis #Smc #Smcgroup #IPOALERT #IPO #AlliedBlenders #StockMarket #Investing #Finance #MarketTrends #InvestmentAnalysis
Unlock the secrets to securing IPO allocations every time!Discover insider tips and tricks in this video. Don’t miss out on this reel! Disclaimer- The information provided on our platform is intended only for simplification and education purposes, and should not be considered as an investment advice. #finance #financetips #investment #investingtips #education #financialfreedom #financialliteracy #reelsindia #reelkarofeelkaro #explore #ipo #allocation #ipolisting #ipoindia #finance #financetips #investment #investingtips #education #financialfreedom #financialliteracy #reelsindia #reelkarofeelkaro #explore #ipo #allocation #ipolisting #ipoindia
Team SMC Group takes pride in collaborating with Bandhan Mutual Fund for an insightful session with our IFD’s in Mumbai. With 12,200+ distributors, we're reaching clients far & and wide in Corporate FDs, Mutual Funds, IPOs/FPOs, Bonds, and NCDs. Check out the highlights from our session in the photos below! 😊 #SMC #SMCGlobalCollaboration #BandhanMutualFund #InsightfulSession #FinancialDistributors #MumbaiMeetup #ClientReach #CorporateFDs #MutualFunds #IPOs #FPOs #Bonds #NCDs #FinancialEducation #TeamCollaboration #InvestmentOpportunities #SMCPartnership #WealthManagement #SMC #SMCGlobalCollaboration #BandhanMutualFund #InsightfulSession #FinancialDistributors #MumbaiMeetup #ClientReach #CorporateFDs #MutualFunds #IPOs #FPOs #Bonds #NCDs #FinancialEducation #TeamCollaboration #InvestmentOpportunities #SMCPartnership #WealthManagement
Still was able to get over rejection from my crust but TATA allotment rejection got the better of me. #tataipo #tatatech #ipoallotment #allotment #animalmovie #financememes #tataipo #tatatech #ipoallotment #allotment #animalmovie #financememes
We are not here for a philosophy class or are we? #ipo #allotment #stockmarketmemes #financememes #stockmarketeducation #ipo #allotment #stockmarketmemes #financememes #stockmarketeducation