Urban Company IPO: When a company becomes the talk of the town on Dalal Street, it usually means investors see something big coming. That’s exactly what happened with Urban Company’s Initial Public Offering (IPO), which turned into one of the most sought after public issues of 2025. The home services giant, trusted by millions of households across India, saw its IPO subscribed a jaw dropping 103.63 times by the final day of bidding on September 12.
Investors Rush to Grab a Piece of Urban Company
The enthusiasm around the IPO reflected investors’ faith in Urban Company’s growth story. According to data available on the BSE, the issue received more than 1,106 crore bids against just 10.67 crore shares on offer. From large institutions to everyday retail investors, the demand for a slice of the company was extraordinary.
Qualified Institutional Buyers (QIBs) led the rally, subscribing an incredible 140.20 times, highlighting strong institutional confidence in Urban Company’s business model. Non-Institutional Investors (NIIs) weren’t far behind, subscribing 74.04 times, while retail investors too showed overwhelming interest, subscribing 39.25 times.
Grey Market Premium Signals Strong Listing Gains
If the grey market is any indicator of listing day performance, Urban Company’s IPO seems headed for a blockbuster debut. As of September 12, the Grey Market Premium (GMP) stood at Rs54 per share, suggesting that the stock could list around Rs157 per share, nearly 52% higher than its upper price band of Rs103. This surge in GMP also reflects the rising investor excitement after each day of bidding.
The IPO Structure and What Lies Ahead
Urban Company’s IPO combined a fresh issue of Rs472 crore with an offer for sale (OFS) worth Rs1,428 crore, taking the total issue size to Rs1,900 crore. With a price band of Rs98–Rs103 per equity share and a lot size of 145 shares, the issue was designed to attract a wide pool of investors.
The company plans to use the proceeds for technology upgrades, cloud infrastructure expansion, marketing, lease payments for office spaces, and overall corporate growth. These investments are expected to strengthen its foundation as it continues to scale in India’s rapidly growing home services market.
The allotment date is set for September 15, and the much anticipated listing will take place on September 17, 2025.
Urban Company’s Bigger Picture
Urban Company has become synonymous with convenience in modern urban life. Whether it’s beauty services at home, appliance repairs, cleaning, or wellness, the brand has created a stronghold in the Indian services sector. Going public and receiving such an overwhelming response is not just a financial milestone but also a reflection of the company’s credibility and the trust it enjoys among customers and investors alike.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are encouraged to consult their financial advisors before making any investment decisions.
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