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– Expanding consumer base and market penetration

– Improving consumer retention and spending

– Launching new product and service offerings

– Investing in technology and infrastructure

At the upper end of the price band, the company is valuing at a P/E (price-to-earnings) of 65.7 times to its FY25 earnings with P/S of 12.9 and market cap of nearly Rs 14,790 crore post issue of equity shares.

Qualified institutional buyers subscribed 140.20 times their allotted quota, while non-institutional investors (high-net-worth individuals) subscribed 74.04 times. Retail investors bought 39.25 times their portion, and employees subscribed 36.79 times the reserved shares.

Kotak Mahindra Capital

Morgan Stanley India

Goldman Sachs (India) Securities

JM Financial

The three-day, ₹1,900 crore issue of Urban Company, received a healthy response from investors, particularly those from the institutional side. Retail investors’ portion was also over subscribed.

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