India, Sept. 17 -- Shares of home services unicorn Urban Company made a bumper debut on the bourses today (September 17), listing 56.3% above their issue price at INR 161 apiece on the BSE.

On the NSE, the stock got listed at INR 162.25 per share, a premium of 57.5% over the issue price of INR 103.

Urban Company's IPO closed with an oversubscription of 103.63X, with investors bidding for 1,106.45 Cr shares against the 10.67 Cr shares on offer.

The IPO comprised a fresh issue of INR 472 Cr and an offer-for-sale (OFS) element of INR 1,428 Cr. Accel, Elevation Capital, Tiger Global were among the investors who offloaded shares via the OFS, raking in up to 27X gain.

At 10:02, shares of Urban Company were trading at INR 175.35 apiece, up 7...