Urban Company Files DRHP For INR 1,900 Cr IPO

Urban Company’s IPO will comprise a fresh issue of up to INR 429 Cr and an offer for sale of up to INR 1,471 Cr

Accel and Elevation will together sell shares worth INR 779 Cr via the offer-for-sale component in the IPO

It plans to utilise over half of the capital raised via fresh issue to develop its tech offerings

Weeks after getting its board nod to raise INR 528 Cr via its IPO, consumer services unicorn Urban Company has filed its draft red herring prospectus…