Urban Company’s IPO listing is anticipated to be strong, as per grey market signals. The company’s IPO was oversubscribed more than 30 times, receiving bids for over 1.07 billion shares against the offered 35.3 million shares. The issue price was set at ₹900 per share, and the IPO received a strong response from institutional and retail investors. The grey market premium for Urban Company’s shares was around ₹400-450, indicating a positive listing on the stock exchange. Investors are eagerly awaiting the listing to see how the stock performs in the market.
Read more at Google: Urban Company IPO Listing Live Updates: Grey market signals strong listing – CNBC TV18
