By News18,Varun Yadav
Copyright news18
Urban Company IPO Listing Today: The initial public offering of Urban Company, the mobile app-based beauty and home services platform, will list on the exchanges today, September 17. Shares are likely to make a debut on the NSE and BSE around 10:00 am.
The public issue was opened between September 10 and September 12, 2025. The price of the Rs 1,900-crore public issue was fixed in the range of Rs 98 to Rs 103 per share. On the final day of the three-day bidding, the issue received a 108.98x subscription, garnering bids for 11,06,88,64,130 shares as against the 10,15,65,534 shares on offer. The allotment of the IPO was finalised on September 15, 2025.
The retail and NII participation stood at 41.49x and 77.82x, respectively. The QIB category was subscribed by 147.35x.
Urban Company IPO Listing Price Prediction, GMP
According to market observers, unlisted shares of Urban Company Ltd are currently trading at Rs 154 against the upper IPO price of Rs 103. It means a grey market premium or GMP of Rs 51, which is nearly 49.51% over its IPO price, indicating a strong listing for the issue.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Urban Company IPO Price & Lot Size
The price band of the IPO has been fixed in the range of Rs 98 and Rs 103 per share. Its lot size has been fixed at 145 shares. It means that investors will have to apply for a minimum 145 shares and in multiple thereof.
Urban Company IPO: More Details
Gurugram-based Urban Company plans to raise Rs 472 crore through selling new shares, and existing investors plan to sell stakes worth Rs 1,428 crore.
A day before its initial share-sale opening for public subscription, Urban Company on Tuesday raised Rs 854 crore from anchor investors.
At the upper end of the price band, the company’s valuation is pegged at Rs 14,790 crore.
Those selling shares under the Offer For Sale (OFS) route are — Accel India and Elevation Capital, Bessemer India Capital Holdings II Ltd, Internet Fund V Pte. Ltd and VYC11 Ltd.
The company plans to use funds raised through the fresh issuance for new technology development and cloud infrastructure, lease payments for its offices, marketing activities, and general corporate purposes.
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 United Arab Emirates, Singapore, and the Kingdom of Saudi Arabia.
Its platform enables consumers to easily order services, including cleaning, pest control, electrician, plumbing, carpentry, appliance servicing and repair, painting, skincare, hair grooming and massage therapy.
These services are delivered by trained and independent service professionals at the consumers’ convenience.
The company said that 75 per cent of the issue size has been reserved for qualified institutional buyers, 15 per cent for non-institutional investors and the remaining 10 per cent for retail investors.
Further, investors can bid for one lot of 145 shares and then in multiples of 145 thereafter.
Kotak Mahindra Capital Company, Morgan Stanley India Company, Goldman Sachs (India) Securities and JM Financial are the book-running lead managers to the issue.
