Urban Company gets SEBI approval for ₹1,900-crore IPO
Home services marketplace Urban Company has secured approval from the SEBI to launch its IPO. The company, which filed its draft red herring prospectus in April, plans to raise about ₹1,900 crore through the IPO. The issue will comprise a fresh equity raise of ₹429 crore alongside an offer for sale (OFS) of ₹1,471 crore by existing investors, Moneycontrol reported.