Urban Company Files INR 1,900 Cr IPO Papers

The consumer services unicorn’s IPO will constitute a fresh issue of INR 472 Cr along with an OFS component of INR 1,428 Cr

Although the overall size of the public offering is same as the DRHP, the company has increased its fresh issue size by 10% from the initially proposed INR 429 Cr

In FY25, Urban Company reported a net profit of INR 239.7 Cr against a net loss of INR 92.7 Cr in the previous fiscal while its operating revenue surged 38% to INR 1,144.5 Cr

Just hours after receiving SEBI’s official go-ahead,…