Urban Company IPO receives 9 times subscription on day 2

Urban Company Ltd, an app-based beauty and home services platform, received a 9 times subscription for its Rs 1,900-crore IPO on the second day of bidding. The quota for non-institutional investors garnered 18.22 times subscription, while the category for Retail Individual Investors got subscribed 17.68 times. The company plans to use funds for technology development, […]