Urban Company IPO Day 1 Live: 58% Subscribed, GMP Points to 35% Listing Gains
- 10th September 2025
- 11:00:00 AM
- 3 min read
Summary
The Urban Company IPO opened today with 58% subscription on Day 1, led by strong retail bids. Grey Market Premium (GMP) of ₹36–₹37 points to a possible 35% listing pop. The IPO, priced at ₹98–₹103 per share, will close on September 12, with allotment due on September 15 and listing set for September 17 on NSE and BSE.
Mumbai | September 10 – Urban Company, India’s largest home-services and beauty platform, has opened its ₹1,900 crore initial public offering (IPO) for public subscription on September 10. The issue, which will remain open till September 12, includes a fresh issue of ₹472 crore and an offer-for-sale (OFS) of ₹1,428 crore from existing investors such as Accel India, Elevation Capital, Bessemer India, Internet Fund V, and VYC11 Ltd.
The IPO price band is set at ₹98–₹103 per share, and investors can bid for a minimum lot of 145 shares, requiring an outlay of ₹14,935 at the upper end. The Urban Company IPO allotment date is expected on September 15, while the shares are scheduled to be listed on September 17, 2025, on both NSE and BSE.
Urban Company IPO Subscription Status (Day 1)
By 10:51 AM on Day 1, the Urban Company IPO had been subscribed 0.57 times (58%) overall, with retail and employee quotas showing the strongest demand.
- Retail Investors: 1.56 times
- Employee Quota: 1.59 times
- Non-Institutional Investors (NIIs/HNIs): 0.63 times
- Qualified Institutional Buyers (QIBs): 0.20 times
- Overall Subscription: 0.57 times (58%)
Key IPO Details
- Issue Size: ₹1,900 crore
- Fresh Issue: ₹472 crore
- OFS: ₹1,428 crore
- Price Band: ₹98–₹103 per share
- Lot Size: 145 shares (₹14,935 minimum investment)
- Subscription Dates: September 10–12, 2025
- Allotment Date: September 15, 2025
- Listing Date: September 17, 2025 (NSE, BSE)
About the Company
Urban Company, headquartered in Gurugram, operates as a technology-enabled platform offering home and beauty services such as cleaning, appliance repair, grooming, and painting. It is India’s largest player in the organised home-services market.
The company has also expanded internationally, with operations in the United Arab Emirates, Singapore, and Saudi Arabia.
Proceeds from the fresh issue will be utilised for technology development, cloud infrastructure, office lease payments, marketing initiatives, and general corporate purposes.
Important Dates to Note
- IPO Open Date: September 10, 2025
- IPO Close Date: September 12, 2025
- Allotment Date: September 15, 2025
- Listing Date: September 17, 2025
Urban Company IPO GMP Today
According to market sources, The Urban Company IPO Grey Market Premium (GMP) is currently quoted at ₹36–₹37 per share. This indicates a possible listing price near ₹139–₹140 per share, suggesting a potential 35% premium over the IPO price band.
Disclaimer: This article is for informational purposes only and is not investment advice or a stock recommendation. PL Capital does not provide investment advice or stock tips. All details are based on publicly available information and market sources. Past subscription numbers, grey market premium, and listing performance do not guarantee future returns. Investors should consult certified financial advisors before making investment decisions.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
