Issue Oversubscribed 15X On Day 3 So Far

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SUMMARY

The company’s IPO ended with an oversubscription of103.63X, with investors bidding for 1,106.45 Cr shares against the 10.67 Cr shares on offer

QIBs showed the highest interest in the IPO, oversubscribing their quota by 140.2X

Urban Company is set to raise INR 1,900 Cr from its IPO, which will comprise a fresh issue of INR 472 Cr and an OFS component of up to INR 1,428 Cr

Update | September 12, 19:30 IST

Urban Company’s IPO closed with an oversubscription of a whopping 103.63X. On the final day, the consumer…



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Issue Oversubscribed 15X On Day 3 So Far


SUMMARY

The company’s IPO ended with an oversubscription of103.63X, with investors bidding for 1,106.45 Cr shares against the 10.67 Cr shares on offer

QIBs showed the highest interest in the IPO, oversubscribing their quota by 140.2X

Urban Company is set to raise INR 1,900 Cr from its IPO, which will comprise a fresh issue of INR 472 Cr and an OFS component of up to INR 1,428 Cr

Update | September 12, 19:30 IST

Urban Company’s IPO closed with an oversubscription of a whopping 103.63X. On the final day, the consumer…



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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