Wednesday, 3 September, 2025
Accel, Elevation Capital Anticipating 19–29× Returns from Urban Company IPO
Urban Company’s upcoming IPO—priced at ₹98–103 per share and set to launch on September 10—has positioned early investors for massive returns. Accel expects a 29× return, Elevation Capital anticipates 19×, and Bessemer eyes about 14× gains. The IPO values the home services platform at approximately ₹15,000 crore (~$1.7 billion), with investors like Tiger Global and Vy Capital looking at more modest multiples in the 2–5× range.
Read full story at Economic Times