India, Sept. 3 -- Urban Company Set Sails For D-Street
All decks have been cleared for Urban Company's IPO. Within days of receiving SEBI's nod for its listing, the hyperlocal services giant has now filed its RHP for an INR 1,900 Cr public listing. So, how does the Urban Company IPO stack up?
The IPO Booster Shot: Compared to its DRHP, Urban Company has now increased the size of its fresh issue by 10% to INR 472 Cr while trimming its OFS component by 3% to INR 1,428 Cr. The company's public issue will now open on September 10 and close on September 12, with a tentative listing date of September 17.
In its RHP, the company also revealed details of its financial performance:
It minted a net profit of INR 239.7 Cr in FY25, helped by a de...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.