India, Sept. 17 -- Prosus NV doubled its stake in Urban Company Ltd. in the blockbuster IPO of the rent-a-service company, which saw a listing-day pop today.

"The demand for Urban Company has been so high," Prosus India Ecosystem head Ashutosh Sharma told Bloomberg in an interview. "We wanted more allocation and could not get a lot more."

The Amsterdam-based technology group, which is most famous for its stake in Tencent Holdings Ltd., now owns 7.35% of Urban Company after adding about 4% in the latest deal worth $139 million (about Rs.1,250 crore).

Urban Company's share price surged as much as 74% in its trading debut on Wednesday, after raising Rs.1,900 crore in India's most subscribed IPO so far this year. That pegged the company's ...