Blockbuster Debut: Urban Company IPO Sees 103.6X Demand

Gurugram-based at-home services marketplace Urban Company has closed its blockbuster IPO with record investor demand, subscribed 103.6 times. Subscription Frenzy The three-day book build issue (Sept 10–13) drew bids for 1,106.46 crore shares against just 10.68 crore available. Demand was led by QIBs (140.2x), followed by HNIs (74x) and retail (39.2x). Even the employee quota … Continue reading Blockbuster Debut: Urban Company IPO Sees 103.6X Demand