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Stock Based Compensation (Tables)
12 Months Ended
Mar. 31, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Option Value and Assumption

 

 

 

 

 

 

 

 

 

 

 

 

Fair value per share (as of grant date)

 

 

 

 

 

 

 

 

 

$

10.83

 

Exercise price

 

 

 

 

 

 

 

 

 

$

0

 

Assumptions:

 

 

 

 

 

 

 

 

 

 

 

Volatility

 

 

 

 

 

 

 

 

 

 

30.82

%

Expected dividends

 

 

 

 

 

 

 

 

 

 

0.00

%

Expected term (in years)

 

 

 

 

 

 

 

 

 

1.5

 

Risk free rate

 

 

 

 

 

 

 

 

 

 

5.24

%

Summary of Restricted Stock Units Activity

Stock option activity

 

 

 

 

 

 

 

 

 

As of
March 31,
2024

 

Opening unvested units

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

9,903,500

 

Exercised

 

 

 

 

 

 

 

 

 

 

-

 

Cancelled

 

 

 

 

 

 

 

 

 

 

195,572

 

Closing unvested units

 

 

 

 

 

 

 

 

 

 

9,707,928