Urban Company IPO Day 2: Check GMP, Subscription Status & Key Highlights
Urban Company’s highly anticipated IPO continues to capture investor enthusiasm as it enters its second day of bidding. The day 1 bidding ended with a total subscription of 3.12 times.
Urban Company IPO: Issue Details
The Urban Company IPO is a book-building issue of ₹1,900 crore, consisting of a fresh issue of ₹472 crore and an offer for sale (OFS) of ₹1,428 crore worth of shares. The price band is set between ₹98 and ₹103 per share. The basis of allotment will be finalised by September 15, 2025, and the tentative listing date on NSE and BSE is September 17, 2025.
The book-running lead managers for the IPO are Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Private Limited, and JM Financial Limited. At the same time, MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.
Urban Company IPO Day 2 Subscription Status
[11-September-2025 12:15 AM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
1.32 |
|
Non-Institutional Investors |
9.50 |
|
Retail Individual Investors (RIIs) |
12.29 |
|
Employees |
9.60 |
|
Total |
5.56 |
Urban Company IPO Day 1 Subscription Status
[10-September-2025 7:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
1.37 |
|
Non-Institutional Investors |
4.39 |
|
Retail Individual Investors (RIIs) |
7.39 |
|
Employees |
6.71 |
|
Total |
3.29 |
Utilisation of IPO Proceeds
The company will not receive any proceeds from the OFS component and will directly go to the selling shareholders.
The net proceeds from the fresh issue will be used to fund the following objectives:
- Funding the capital expenditure towards new technology development and cloud infrastructure
- Marketing activities
- Lease payments for offices
- General corporate purposes.
Urban Company IPO GMP Details
As of 11 September 2025, 12:15 P.M., the Urban Company IPO GMP stood at ₹41. The estimated listing price is ₹144, i.e., a 39.81% gain per share over the upper price band.
|
Source: InvestorGain Report dated 11 September 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Urban Company Business Overview
Urban Company operates an online services marketplace for various home and beauty categories, services and solutions. The company is headquartered in Gurgaon and operates in 51 cities across India, the United Arab Emirates (UAE) and Singapore.
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