#Adani BTIndiaAt100| Bhavish Aggarwal’s Vision For Ola Electric Post-IPO

On August 9, Ola Electric made its market debut with shares soaring 92% from the issue price of Rs 76 within just six days. The IPO's remarkable performance continued as it surged 75% above its issue price within the first five days, marking a blockbuster listing for the company. At the Adani_BTIndia@100 Summit, Bhavish Aggarwal, Founder, Ola shared his excitement and reflections on the IPO journey. As a newcomer to the public markets, Aggarwal expressed initial concerns about potentially leaving money on the table but emphasized the company’s focus on value creation over mere valuation. He highlighted Ola Electric’s commitment to building a sustainable and profitable growth journey, noting that the company's mission is to position India as a global electric vehicle hub. Aggarwal acknowledged the increased responsibility and scrutiny that comes with managing public money and the quarterly performance pressures. He stressed the importance of thoughtful investment and delivering long-term shareholder value, emphasizing that Ola Electric's goal remains to contribute to India's future as a leader in sustainable technology. Despite the early days of their public market journey, Aggarwal is confident that their vision and dedication will resonate with investors and support their long-term objectives.