India, Sept. 12 -- Update | September 12, 19:30 IST

Urban Company's IPO closed with an oversubscription of a whopping 103.63X. On the final day, the consumer services unicorn's public issue received bids for 1,106.45 Cr shares against the 10.67 Cr shares on offer.

Qualified institutional buyers (QIBs) were the most bullish on the company's public issue, oversubscribing their quota 140.2X. These investors placed bids for 814.39 Cr shares against the 5.81 Cr shares reserved for them.

Meanwhile, non institutional investors (NIIs) oversubscribed their portion by 74.04X, bidding for 215.03 Cr shares against the 2.9 Cr shares on offer.

Whereas, retail investors, who led the issue in the first day of the IPO oversubscribed their portion by 3...