Urban Company IPO: Can soaring GMP and massive subscription deliver a dream listing?
The Urban Company IPO has been in the news for its high grey market premium and strong investor demand. The share price has increased from Rs 10 to Rs 39 in a week, showing a growing investor interest. The IPO was fully subscribed within 2 hours of opening, with retail investors leading the way. The company aims to raise Rs 1,900 crore at a price band of Rs 98- per share.