Urban Company Gets Board Nod To Raise INR 528 Cr Via IPO

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SUMMARY

Urban Company’s board has approved raising up to INR 528 Cr (about $60 Mn) via a fresh issue in its IPO

The startup plans on a mainboard listing in an unspecified timeline

Reports suggested that the startup was planning to file its draft papers for an INR 3,000 Cr IPO before the end of March

In the run up to its public listing, Urban Company’s board has approved raising up to INR 528 Cr (about $60 Mn) via a fresh issue in its IPO. The startup’s public issue will also comprise an undisclosed amount of…



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Urban Company Gets Board Nod To Raise INR 528 Cr Via IPO


SUMMARY

Urban Company’s board has approved raising up to INR 528 Cr (about $60 Mn) via a fresh issue in its IPO

The startup plans on a mainboard listing in an unspecified timeline

Reports suggested that the startup was planning to file its draft papers for an INR 3,000 Cr IPO before the end of March

In the run up to its public listing, Urban Company’s board has approved raising up to INR 528 Cr (about $60 Mn) via a fresh issue in its IPO. The startup’s public issue will also comprise an undisclosed amount of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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