#PriyamvadaC & Ranjani Raghavan from LiveMint writes on the “Firstcry, Ola Electric IPOs to build a club of super-rich” with expert comments from our Partner Rahul Charkha. As per an analysis of their draft red herring prospectus(DRHP), Ola Electric & Firstcry stand to make a windfall in their companies’ upcoming public listing.
Rahul says, “Employees will need to pay tax when they exercise the options and purchase the shares”
