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…
Urban Company, the popular home services platform, is gearing up for a major move in the market with plans to file for a Rs 3,000 crore IPO by March-end. If you’ve been following the rise of home service apps in India, this development is huge. Here’s everything you need to know about Urban Company’s big plans to go public, and what it means for investors and the home services industry.
What…
