|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11,425 JPY | +0.26% |
|
-2.60% | +81.55% |
| 02:34pm | India's Ola Electric likely to set valuation at around $4.5 billion for IPO, sources says | RE |
| 05:35am | Japan's Nikkei rises as market gauges US election outlook, yen strength | RE |
NEW DELHI (Reuters) - SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its upcoming initial public offering (IPO), around 16-20% lower than at its last funding round, two sources with direct knowledge of the matter said.
Ola Electric did not immediately respond to a request for comment.
(Editing by Kirsten Donovan)
By Aditya Kalra and Aditi Shah
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 11,425 JPY | +0.26% | -2.60% | 106B | ||
| 9,673 INR | +2.57% | +1.51% | 32.32B | ||
| 2,458 INR | +0.33% | +0.80% | 14.13B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +81.55% | 106B | |
| +11.74% | 133B | |
| +0.42% | 59.69B | |
| +50.00% | 28.81B | |
| +1.52% | 24.1B | |
| +2.76% | 18.36B | |
| +5.06% | 15.55B | |
| -6.20% | 10.56B | |
| +2.43% | 9.37B | |
| +80.20% | 8.7B |
SOFTBANK GROUP CORP. 
