India, Sept. 10 -- The initial public offering of Urban Company Ltd. was fully subscribed within hours of launch on Wednesday (10 September 2025), thanks to strong demand from retail investors.

The retail portion, which was only 18% of the Urban Company IPO, was subscribed 6.72 times as of 4:15 pm, according to stock exchange data. Shares set aside for institutional investors, more than half the IPO, was subscribed 1.03 times while the NII portion was subscribed 3.93 times.

Overall, the issue was subscribed 3.01 times at 4:15 pm.

Urban Company Ltd., formerly UrbanClap, has launched an IPO to raise as much as Rs.1,900 crore by issuing shares in a price band of Rs.98-103 apiece. That pegs the company's valuation at $1.7 billion (about Rs...