Urban Company’s Rs 1,900-crore IPO saw overwhelming investor demand, being oversubscribed 103.63 times. The IPO, priced at Rs 98-103 per share, aims to raise funds for technology development, marketing, and general corporate purposes. The platform offers diverse home and beauty services across India, the UAE, Singapore, and Saudi Arabia. Post navigation Russia’s central bank cuts interest rate to 17% to boost slowing economy; deficit widens, inflation rising Sebi reforms package: Regulator clears sweeping changes in board meet; IPOs, FPIs, REITs and AIFs set to benefit