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Urban Company Early Backers Set for Big IPO Gains
April 30, 2025
|Financial Express Pune
Headed for Dalal Street
PROFESSIONAL SERVICES PLATFORM Urban Company's long-awaited initial public offering (IPO) will see five of its early backers partially exit their holdings, eyeing a combined payout of up to ₹1,471 crore, according to the company's draft red herring prospectus (DRHP) filed on Monday. While the company plans to issue fresh shares worth ₹429 crore, the offer-for-sale (OFS) component will dominate the total ₹1,900 crore offering.
The selling shareholders include Accel, Elevation Capital, Bessemer India, Tiger Global (through Internet Fund V), and VYC11.
هذه القصة من طبعة April 30, 2025 من Financial Express Pune.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Pune
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