swiggy: Of Urban Company’s thumping IPO, and Day 1 pops & flops

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Home services platform Urban Company hit Dalal Street in style on Wednesday, with its shares listing 57.52% higher at Rs 162.25 on the NSE, and 56.3% higher at Rs 161 on the BSE. The issue price was Rs 103.

The stock closed at Rs 167.05 on the BSE, reaching Rs 179 during the day’s session.

The past few years have seen significant IPOs from tech companies, such as Ather Energy, BlueStone, Swiggy, Ola Electric, FirstCry, and Awfis. Here’s a snapshot of notable new-age market debuts and Day 1 gains:

Ather Energy

Ather Energy shares…



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swiggy: Of Urban Company’s thumping IPO, and Day 1 pops & flops


Home services platform Urban Company hit Dalal Street in style on Wednesday, with its shares listing 57.52% higher at Rs 162.25 on the NSE, and 56.3% higher at Rs 161 on the BSE. The issue price was Rs 103.

The stock closed at Rs 167.05 on the BSE, reaching Rs 179 during the day’s session.

The past few years have seen significant IPOs from tech companies, such as Ather Energy, BlueStone, Swiggy, Ola Electric, FirstCry, and Awfis. Here’s a snapshot of notable new-age market debuts and Day 1 gains:

Ather Energy

Ather Energy shares…



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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