The subscription for Urban Company's much-awaited Initial Public Offering (IPO) is to be allotted today tentatively after a huge subscription turnout over its three-day bidding period from September 10 to 12, 2025. The IPO has seen a huge market interest, with bids ranging more than 100 times higher than the total shares available, showing the clear investor faith in the home services firm.
Urban Company had put up a total of 10,15,65,534 shares in its IPO for bidding. The demand, however, was massive as bids were put up for a whopping 11,06,88,64,130 shares. This translates to the IPO being subscribed 108.98 times overall. Segregating, the retail category experienced a subscription of 41.49 times, the Qualified Institutional Buyers (QIB) segment (excluding anchor investors) witnessed a subscription of 147.35 times, and the Non-Institutional Investors (NII) segment was subscribed 77.82 times reflecting robust across investor categories.
Investors who have applied for the Urban Company IPO can check their allotment status on official portals. The allotment status can be verified on:
At the same time, the Grey Market Premium (GMP) of Urban Company shares has jumped immensely as the allotment date arrived. Earlier priced at Rs 10 per share, the GMP has surged to Rs 68.5 until the morning of September 15, 2025. With the top end price band of the IPO being Rs 103 per share, this implies the shares will list on the stock markets at an estimated price of about Rs 171.5, which means that investors can look for a potential gain of about 66.5%.
Urban Company shares are to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), with the proposal for listing likely to be September 17, 2025.
Urban Company IPO's exceptional subscription and the higher GMP indicate robust market optimism regarding the company's growth story in the rapidly growing home services segment. Retail investors are eagerly waiting for allotment status and the expected robust listing, which seems promising for early investors.
