Urban Company Surges After Successful IPO in India's Biggest Offering

Reported about 6 hours ago

Urban Company, India's leading home services platform, launched its IPO with remarkable success, opening 58% above its issue price of ₹103 at ₹162.25 per share on the National Stock Exchange. The IPO was massively subscribed, receiving over 100 times the number of shares offered, reflecting strong investor interest. This listing not only provides early investors significant returns but also marks a pivotal moment in organizing home services in India, as Urban Company continues to innovate and expand across multiple markets.

Source: YAHOO

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