India, Sept. 12 -- Continuing the momentum of the previous two days, Urban Company's IPO was oversubscribed 15.3X at 11:09 on the last day of bidding today. The issue received bids for 164 Cr shares against 10.6 Cr shares on offer.

Non-institutional investors (NIIs) showed the highest interest in the IPO, with the quota reserved for them oversubscribed 36X. The NIIs placed bids for 101.2 Cr shares against 2.9 Cr shares on offer.

Following them were retail investors, who placed bids for 46.3 Cr shares against 1.9 Cr shares reserved for them. This translated to an oversubscription of 23.9X.

The company's employees also gave a warm response, placing bids for 49.2 Lakh shares against 2.8 Lakh shares on offer. Their portion was oversubscrib...