India's Ola Electric wins approval for $660 million IPO, sources say [Yahoo! Finance]
SOFTBANK GRP UNSP/ADR (SFTBY)
NASDAQ:AMEX Investor Relations:
softbank.jp/en/corp/irinfo/presentations
Company Research
Source: Yahoo! Finance
Initial Public Offering, said two sources with direct knowledge, paving the way for the country's first ever EV stock listing. SoftBank and Temasek-backed Ola had filed its papers with India's Securities and Exchange Board of India last December for approval, in a deal meant to help it expand operations. Ola now plans to list its shares by mid July, and in coming days will reach out to investors to assess demand for its issue, both sources said. Ola and SEBI did not reply to requests for comment. It already met global investors in roadshows earlier this year, but will "re-discuss terms and explain the business," the second source said. The company is India's biggest e-scooter maker in the relatively small but fast-growing space and competes with TVS Motor , Bajaj Auto and Ather Energy. It was last valued at $5.4 billion in September 2023. ($1 = 83.5709 Indian rupees) (Reporting by M. Sriram, Editing by Louise Heavens)
Show less
Read more
Impact Snapshot
Event Time:
SFTBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SFTBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SFTBY alerts
High impacting SOFTBANK GRP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SFTBY
News
- British semiconductor giant Arm reportedly tried to buy a chunk of struggling Intel, but was turned away [Yahoo! Finance]Yahoo! Finance
- SoftBank-Backed Swiggy Files for Initial Share Sale in India [Yahoo! Finance]Yahoo! Finance
- British semiconductor giant Arm reportedly tried to buy a chunk of struggling Intel, but was turned away [Fortune]Fortune
- Intel rejected Arm's approach to buy product unit- report [Yahoo! Finance]Yahoo! Finance
- Fanatics Explores Tender at Discounted $25 Billion Valuation [BNN Bloomberg (Canada)]BNN Bloomberg