Urban Company IPO Day 1: Check GMP, Subscription Status & Key Highlights

Urban Company, a prominent tech-enabled home services platform, has launched its ₹1,900 crore Initial Public Offering (IPO), comprising a fresh issue of ₹472 crore and an offer-for-sale (OFS) of ₹1,428 crore. The IPO opened for subscription on September 10, 2025, with a price band set between ₹98 and ₹103 per share. The subscription window will close on September 12, 2025, and the shares are scheduled to be listed on both the BSE and NSE on September 17, 2025.

Urban Company IPO Day 1 Subscription Status

The Urban Company IPO saw a strong response on Day 1, with an overall subscription of 3.29 times. The retail segment led the demand at 7.39 times, followed by employees at 6.71 times. The NII category was subscribed 4.37 times, while QIBs showed steady interest with 1.37 times subscription.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	1.37
Non-Institutional Investors (NII)	4.37
bNII (above ₹10 lakh)	3.97
sNII (less than ₹10 lakh)	5.18
Retail Individual Investors (RII)	7.39
Employees	6.71
Total Subscriptions	3.29

Total Applications: 7,46,851

Total Bid Amount (₹ Crores): 3,446

Objective of the Urban Company IPO

Urban Company plans to utilize the net proceeds from the fresh issue for the following purposes:

Use of IPO Proceeds	Amount (₹ Cr)
Expenditure for new technology development and cloud infrastructure	190
Expenditure for lease payments for the offices	75
Expenditure towards marketing activities	90
General Corporate Purposes	–

Urban Company IPO GMP – Day 1 Update

The grey market premium (GMP) of Urban Company IPO is ₹38.5, as on 5:00 PM September 10, 2025. The upper limit of the price band is ₹103, and the estimated listing price as per today’s GMP can be ₹141.5, giving a potential gain of around 37.38% per share.

Date	GMP	Est. Listing Price	Gain
10-09-2025 (DAY 1)	₹38.5	₹141.50	37.38%

Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

Urban Company IPO – Key Details

Particulars	Details
IPO Opening Date	September 10, 2025
IPO Closing Date	September 12, 2025
Issue Price Band	₹98 to ₹103 per share
Total Issue Size	18,44,66,018 shares(aggregating up to ₹1,900 Cr)
Listing Platform	BSE, NSE
Registrar	MUFG Intime India Pvt. Ltd.
Urban Company IPO RHP	Click Here

Important Dates for Urban Company IPO Allotment

Event	Date
Tentative Allotment	September 15, 2025
Refunds Initiation	September 16, 2025
Credit of Shares to Demat	September 16, 2025
Listing Date	September 17, 2025

Urban Company Overview

Urban Company Limited is a technology-driven, full-stack online services marketplace providing home, beauty, and wellness services across 51 cities, including 47 in India, and select international markets such as UAE and Singapore. The platform enables consumers to access services like cleaning, pest control, electrical, plumbing, carpentry, appliance repair, on-demand home-help assistance, painting, skincare, hair grooming, and massage therapy. It also operates the ‘Native’ brand offering water purifiers and electronic door locks. Urban Company engages a network of trained and background-verified service professionals, empowering them with tools, consumables, training, and technology to deliver standardized, quality-driven services. The company leverages a tech-enabled platform for demand-supply matching, service management, and consumer engagement, enabling growth, higher consumer retention, and improved earnings for service professionals.

Easy Steps to Apply for Urban Company IPO via Pocketful

Step 1 :  Install the Pocketful Application from Play Store or App Store

Step 2 : Sign up and complete your KYC requirements

Step 3 : Go to the IPO section from the home page

Step 4 : Look for “Urban Company” in the list

Step 5 : Tap on Apply and enter your bid details