Daily Headlinez Top News Updates
NEW DELHI: India’s largest tech-enabled home services marketplace, Urban Company, made a blockbuster debut on Dalal Street on Wednesday.The stock listed at Rs 162.25 on NSE, a 57.5% premium over its IPO price of Rs 103. On BSE, the stock opened at Rs 161, up 56.3%, before rallying further to Rs 179, a gain of…
The initial public offer of app-based beauty and home services platform Urban Company Ltd witnessed massive investor participation, with the Rs 1,900-crore IPO getting subscribed 103.63 times on the final day of bidding on Friday, according to NSE data.Bids were received for 11,06,46,08,960 shares against 10,67,73,244 shares on offer. The Qualified Institutional Buyers (QIBs) category…
Urban Company’s Rs 1,900 crore initial public offering (IPO) has attracted robust demand, with overall subscriptions reaching 5.53 times (553%) by the second day of bidding on Thursday. According to ET, investor sentiment also reflected positively in the grey market, where the IPO traded at around 34% premium (Rs 35 GMP) over the upper price…
Urban Company IPO open for investors Urban Company’s Rs 1,900 crore initial public offering (IPO)’s retail, employee portion was fully subscribed within the first hour of opening on Wednesday, driven by robust interest from retail investors. Bidders placed orders for 62 million shares, or 58 per cent of the 107 million shares on offer. Within…
BENGALURU: Market regulator Sebi cleared 13 IPOs, adding momentum to the pipeline of companies set to list in the second half of the year. The approvals include Tiger Global-backed Urban Company and consumer electronics player Imagine Marketing, the parent of Boat.According to TOI’s calculations, the combined IPO sizes add up to about Rs 14,000 crore,…
As many as 13 companies, including Urban Company, which provides app-based beauty and home services, and Imagine Marketing, the parent of wearables brand boAt, have received Sebi approval to launch initial public offerings (IPOs), the regulator’s update on Tuesday showed.Other firms that obtained the clearance include Juniper Green Energy, Jain Resource Recycling, Mouri Tech, Ravi…
