Currently, Pure EV commands approximately 7 per cent market share at the Regional Transport Office (RTO) level in the EV segment
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Ola Electric, India's top electric two-wheeler manufacturer, saw a 20 per cent surge in its share price on its stock market debut, reaching a market capitalization of Rs 38,000 crores despite facing recent challenges in the EV sector.
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The IPO consists of fresh issue of up to Rs 55,000 million and an offer for sale (OFS) of up to 84,941,997 equity shares
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