The company will reportedly issue both new and existing shares in its IPO
To oversee the IPO process, the company has appointed Kotak Mahindra Capital, Goldman Sachs and Morgan Stanley
Ahead of its IPO, its investor Prosus is also planning to double down on its investment in the company reported in October last year
Hyperlocal services startup Urban Company is reportedly looking to file draft papers for its INR 3,000 Cr initial public offering (IPO) before the end of March.
The company will issue both new and existing shares in its IPO, as per a Mint report, citing sources. However, it added that the company will largely raise primary capital.