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Aug 29, 2024

Internet Fund III Pte Ltd as a selling shareholder in the initial public offering by Ola Electric Mobility Limited.

AZB & Partners recently advised Internet Fund III Pte Ltd (an affiliate of Tiger Global Group) as a selling shareholder in the initial public offering by Ola Electric Mobility Limited which aggregated to INR 61,455.59 million.

The book running lead managers to the IPO were Kotak Mahindra Capital Company Limited, BofA Securities India Limited, Axis Capital Limited and SBI Capital Markets Limited.

The AZB capital markets team comprised our Senior Partner, Lionel D’Almeida; our Senior Associates, Bharat Mordani and Kairav Parikh; and our Associate, Harsh Vardhan Singh; and our general corporate team comprised our Senior Partners, Ashwath Rau, Srinath Dasari and Nanditha Gopal; our Counsel, Adoksh Shastry; our Senior Associate, Mridula Sriram; and our Associates Anjali Sasikumar and Gopika Menon.

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DISCLAIMER

These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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