Urban Company’s IPO Breaks the Internet
In one of the most jaw-dropping IPOs this year, Urban Company, India’s popular at-home services platform, closed its public offering with 104 times more demand than supply! Investors lined up in droves, bidding for 1,106.46 crore shares against a tiny 10.68 crore shares on offer—a staggering 103.6 times subscription.
The frenzy signals how eager…
