India, Sept. 11 -- After a bumper start with 3.1X oversubscription on the first day, Urban Company's IPO continued to see strong interest on Day 2 as well. The public issue was oversubscribed 4.8X at 11:30, receiving bids for 52 Cr shares against 10.6 Cr shares on offer.

Retail investors showed the highest interest, with the portion reserved for them seeing 11X subscription. They bid for 21.4 Cr shares as against 1.9 Cr shares on offer.

Following retail investors were employees and non-institutional investors (NIIs). The employee quota saw 8.8X subscription, with 25 Lakh bids placed against 2.8 Lakh shares on offer. The NII portion saw 8.2X subscription, getting bids for 23.8 Cr shares against 2.9 Cr shares reserved for them.

The quali...