Urban Company’s INR 854 Cr Anchor Boost
Urban Company’s IPO is all set to open today. Ahead of the public issue, the on-demand services unicorn raised INR 854 Cr from 59 anchor investors. So, who all backed the home service marketplace ahead of its public issue?
Breaking Down Anchor Allocation: The company allocated 8.29 Cr equity shares at INR 103 each, the upper end of its price band, to investors like Goldman Sachs, Nippon India, ICICI Prudential, among others. Of this, 3.06 Cr shares were allocated to six domestic mutual funds.
The…








