Urban Company IPO subscribed 103 times; QIBs lead with 140x bids, Rs 1,900-cr issue sees high demand – The Times of India

Urban Company IPO subscribed 103 times; QIBs lead with 140x bids, Rs 1,900-cr issue sees high demand – The Times of India

The initial public offer of app-based beauty and home services platform Urban Company Ltd witnessed massive investor participation, with the Rs 1,900-crore IPO getting subscribed 103.63 times on the final day of bidding on Friday, according to NSE data.Bids were received for 11,06,46,08,960 shares against 10,67,73,244 shares on offer. The Qualified Institutional Buyers (QIBs) category…

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