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SUMMARY
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…
