ReferIndia News Urban Company raises Rs 854 crore from anchor investors ahead of IPO launch

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Urban Company raises Rs 854 crore from anchor investors ahead of IPO launch

Published on: Sept. 10, 2025, 7:37 a.m. | Source: The Economic Times

Urban Company garnered Rs 854 crore from anchor investors before its IPO. The IPO opens for subscription from September 10-12, with a price band of Rs 98-103 per share. The company aims to raise Rs 472 crore through fresh shares. Existing investors will sell stakes worth Rs 1,428 crore. Funds will be used for technology, infrastructure, and marketing.

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