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  5. Urban Company IPO subscribed nearly 104 times day 3: Check allotment date and steps

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Urban Company IPO subscribed nearly 104 times day 3: Check allotment date and steps

Kamal Joshi
By Kamal Joshi

3 min read | Updated on September 12, 2025, 18:52 IST

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SUMMARY

Urban Company IPO day 3: The initial share sale is looking to raise ₹1,900 crore by issuing 4.58 crore new shares worth ₹472 crore and an offer for sale of ₹1,428 crore.

Urban Company IPO price band has been set at ₹98 to ₹103 per share, and a lot comprises 145 shares. | Image: Shutterstock

Urban Company IPO price band has been set at ₹98 to ₹103 per share, and a lot comprises 145 shares. | Image: Shutterstock

Urban Company IPO: The initial public offering of Urban Company Ltd conclude on Friday, September 12, it will be followed by share allotment before listing on stock exchanges.

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The initial share sale is looking to raise ₹1,900 crore by issuing 4.58 crore new equity shares worth ₹472 crore and an offer for sale of ₹1,428 crore.

The price band has been kept in the range of ₹98 to ₹103 per share, and a lot includes 145 shares.

Urban Company IPO: Objectives

Fresh issue proceeds useEstimated Amount (in ₹crore)
Expenditure for new technology development and cloud infrastructure190
Expenditure for lease payments for our offices75
Expenditure towards marketing activities900
General corporate purposes--

Accel India and Elevation Capital, VYC11 Ltd, Bessemer India Capital Holdings II Ltd, and Internet Fund V Pte Ltd are selling their stake under the OFS route.

Urban Company IPO: Subscription status

The offer secured bids for 11,06,46,08,960 shares compared to 10,67,73,244 shares on offer, translating to a 103.63 times subscription on Friday, September 12, the final day of bidding.

CategorySubscription Status
Qualified Institutional Buyers (QIBs)140.20 times
Non-Institutional Investors74.04 times
Retail Investors39.25 times
Total103.63 times

Urban Company provides home and beauty services, connecting users to professionals offering services like cleaning, plumbing, AC repair, electric work, salon, beauty and more.

Urban Company IPO allotment date

The basis of allotment of Urban Company IPO is likely to be finalised on Monday, September 15. The details will be out on the portals of NSE, BSE and MUFG Intime India.

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How to check Urban Company IPO allotment on NSE

Steps to check Urban Company IPO allotment on BSE

  • Go to BSE's IPO allotment website at https://bseindia.com/investors/appli_check.aspx
  • Select ‘Equity’ as the issue type
  • Pick ‘Urban Company Ltd’ from the 'Issue Name' list
  • Mention PAN or IPO application number
  • Hit the 'Search' button

Urban Company IPO allotment on MUFG Intime India; check steps

Urban Company IPO GMP

According to investorgain.com and media reports, unlisted shares of Urban Company are trading at ₹146 per share, reflecting a grey market premium, or GMP, of 41.75% over the upper price band of ₹103.
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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