Tech Startup Urban Is India’s Most Subscribed IPO in 2025
The Urban Company website.
Tech startup Urban Company Ltd.’s $216 million initial public offering drew bids for more than 100 times the shares offered, making it the most subscribed share sales in India this year among those that raised $100 million or more.
The IPO attracted strong interest from both foreign and domestic institutional investors, while the portions reserved for high net worth individuals and retail investors were also fully subscribed.