New Delhi, Sept. 5 -- Home services marketplace Urban Company's initial public offering (IPO) is set to open for bidding on Wednesday, September 10, and will remain available to investors until Friday, September 12. The company aims to raise Rs.1900 crore through this IPO, which is a combination of a fresh issue of 4.58 crore shares aggregating to Rs.472 crore and an offer for sale of 13.86 crore shares aggregating to Rs.1,428.00 crore.
The price band for the IPO is fixed at Rs.98- Rs.103 per share. The minimum lot size for retail investors is one lot, consisting of 145 shares, requiring a minimum investment of Rs.14,935. Investors can apply for a maximum of 13 lots.
The allotment of the issue is likely to be finalized on September 15, ...
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