Ola Electric commences deliveries of the ‘Roadster X' in AP
The company also announced offers worth Rs 10,000 for the first 5,000 customers who will get Extended Warranty, MoveOS+, and Essential Care free as part of its Ride the Future campaign.
The Roadster X Series comes with a mid-drive motor that boosts performance and safety. The powertrain of the Roadster series also features a chain drive and an integrated MCU for efficient torque transfer, providing superior acceleration, and improved range.
The Roadster X series also features flat cables in the motorcycles—an industry-first innovation. These cables improve packaging efficiency, reduce weight, and enhance thermal performance, improving overall durability and reliability.
Bhavish Aggarwal, Chairman and MD, Ola Electric said, "Scooters were just the beginning. The Roadster X is a bold leap marking our entry into the motorcycling segment. The Roadster X is designed, engineered, and built in India, for a generation that wants to ride the bike of the future.
With deliveries starting today, the Roadster X would unlock the true potential of EVs in the 2W category, accelerating EV adoption and penetration to #EndICEAge.'
The Roadster X series offers a breakthrough in motorcycle technology and comes with
first-in-segment patented brake-by-wire technology with single ABS, and smart MoveOS 5 features such as advanced regeneration, cruise control, and reverse mode. The battery system of the Roadster X series gets an IP67 waterproof and dust-proof certification, advanced wire bonding technology, and a serviceable Battery Management System (BMS) enabling easy maintenance.
The prices of the Roadster X series start at Rs 99,999, Rs 1,09,999 and Rs 1,24,999 for the Roadster X 2.5kWh, 3.5kWh, and 4.5 kWh, respectively. Roadster X+ 4.5kWh is priced at Rs 1,29,999, while the Roadster X+ 9.1kWh (with 4680 Bharat Cell) that offers an unrivalled range of 501 km/charge, is priced at Rs 1,99,999.
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News18
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Crizac IPO Day 2: Issue Subscribed 75% So Far; Should You Apply? Check GMP, Price, Review
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The company's strong financials, tech-driven platform, and global presence have contributed to optimism, though a few concerns remain around regulatory risks and concentration of revenue from top institutions. SBI Securities – Subscribe SBI Securities sees diversification into new geographies and B2C services as key levers for future growth. 'Crizac has registered a CAGR of 76% in revenue, 43% in EBITDA, and 18% in PAT over the last two years, reaching Rs 849 crore, Rs 213 crore, and Rs 153 crore, respectively," it said. The brokerage noted the IPO is valued at a P/E of 28 times FY25 earnings, and compared to peers, is 'fairly priced". With upcoming expansion into the US market and a push towards ancillary services, the firm recommended investors to subscribe. Choice Broking – Subscribe According to Choice Broking, Crizac's demand valuation of 28x P/E and 4.8x EV/sales is reasonable. 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The company reported a revenue from operations of Rs 849.49 crore and a profit after tax of Rs 152.93 crore in the full financial year 2025. top videos View all The company's shares will be listed on the BSE and NSE. Equirus Capital and Anand Rathi Advisors are the book-running lead managers, while MUFG Intime India is the registrar for the IPO. About the Author Mohammad Haris Haris is Deputy News Editor (Business) at He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously More Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : initial public offering (IPO) IPO Location : New Delhi, India, India First Published: July 03, 2025, 10:36 IST News business » ipo Crizac IPO Day 2: Issue Subscribed 75% So Far; Should You Apply? Check GMP, Price, Review
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I want to invest in my NRI daughter's PPF—am I eligible for a Section 80C tax benefit?
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