Urban Company garnered Rs 854 crore from anchor investors before its IPO, which opens tomorrow. The IPO allocated 8.29 crore shares at Rs 103 apiece to prominent investors like SBI Fund and Goldman Sachs. Analysts highlight the company’s strong growth, profitability, and leadership in the home services market, despite valuation concerns.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong