Urban Company Files INR 1,900 Cr IPO Papers

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SUMMARY

The consumer services unicorn’s IPO will constitute a fresh issue of INR 472 Cr along with an OFS component of INR 1,428 Cr

Although the overall size of the public offering is same as the DRHP, the company has increased its fresh issue size by 10% from the initially proposed INR 429 Cr

In FY25, Urban Company reported a net profit of INR 239.7 Cr against a net loss of INR 92.7 Cr in the previous fiscal while its operating revenue surged 38% to INR 1,144.5 Cr

Just hours after receiving SEBI’s official go-ahead,…



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Urban Company Files INR 1,900 Cr IPO Papers


SUMMARY

The consumer services unicorn’s IPO will constitute a fresh issue of INR 472 Cr along with an OFS component of INR 1,428 Cr

Although the overall size of the public offering is same as the DRHP, the company has increased its fresh issue size by 10% from the initially proposed INR 429 Cr

In FY25, Urban Company reported a net profit of INR 239.7 Cr against a net loss of INR 92.7 Cr in the previous fiscal while its operating revenue surged 38% to INR 1,144.5 Cr

Just hours after receiving SEBI’s official go-ahead,…



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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