Urban Company IPO saw overwhelming investor participation, with the app-based beauty and home services platform getting subscribed over 103.63 times on the last day of the bidding.
Multiple media reported the GMP (grey market premium) price to be in the range of Rs 43-45 and is expected to be listed around Rs 145-148, over the issue price of Rs 103.
Urban Company Limited IPO
— Tanmay 🇮🇳 (@Tanmay_31_) September 10, 2025
Final Verdict
Applying For Reasonable Listing Gains And Short term Frenzy
Highlights of the Issue :
Date : 10-12 September
Price Band : 98-103
Size : 1,900 Crore
Fresh - 472 Crore
OFS - 1428 Crore
M.cap : 14,790 Crore
*Company Has Raised… pic.twitter.com/6mXebDLp9K
According to NSE, the Rs 1,900-crore IPO received bids for 11,06,46,08,960 shares against 10,67,73,244 shares on offer. Qualified Institutional Buyers (QIBs) got subscribed 140.20 times, non-institutional investors fetched 74.04 times subscription, while the Retail Individual Investors (RIIs) part received 39.25 times subscription.
Urban Company IPO subscription began on September 10. The services aggregator fixed the IPO price band at Rs 98 to Rs 103 per equity share for listing on the BSE and the NSE.
The bourse issue looks to raise Rs 1,900 crore from its initial offer. Of which, Rs 472 crore would be for the issue of fresh shares. The balance of Rs 1,428 crore would be earmarked for offer for sale (OFS), according to the firm.
Urban Company operates a technology-driven, full-stack online marketplace for quality-driven services and solutions across various home and beauty categories. Apart from India, it has a presence in the UAE, Singapore, and the Kingdom of Saudi Arabia.
Its platform enables consumers to easily order services, including cleaning, pest control, electrical work, plumbing, carpentry, appliance servicing and repair, painting, skincare, hair grooming, and massage therapy.
