Consumer Service
Issue Oversubscribed 4.8X On Day 2 So Far
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SUMMARY
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
The public issue comprises a fresh issue of up to INR 472 Cr and an OFS component of up to INR 1,428 Cr
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,…
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