Urban Company IPO Allotment Highlights: The Urban Company IPO investors are keenly awaiting the listing tomorrow, September 17. The issue was subscribed 103.63 times in total.
Urban Company IPO: Subscription details
Breaking it down across all investor categories, the retail investors subscribed their portion 39.25 times. On the other hand, the Non-Institutional Investors (NIIs) subscribed 74.04 times. The highest demand came from Qualified Institutional Buyers (QIBs), who bid 140.2 times the shares reserved for them.
Urban Company IPO: Fundraising and issue structure
The Rs 1,900 crore IPO was a mix of a fresh issue and an offer-for-sale. The fresh issue comprised of a 4.58 crore shares worth Rs 472 crore. Meanwhile, the offer-for-sale portion saw 13.86 crore shares, amounting to Rs 1,428 crore.
The company has said the funds will be used for marketing, technology upgrades, and other corporate purposes.
Urban Company IPO: Grey market buzz
In the unofficial market, Urban Company shares are making noise in the grey market. The stock is trading at around Rs 171.5 per share in the unofficial market. This is about Rs 68.5 higher than the upper end of the price band of Rs 98–103. The premium hints at potential listing gains of nearly 66.5%. However, this is not the official listing price and can fluctuate based on the market conditions.
Urban Company IPO: Checking the allotment status
Once the allotment is finalised, investors can check their status online. Applicants can now check if they have received shares through BSE, NSE, or the registrar’s portal, MUFG Intime.
Urban Company IPO GMP, Allotment, Listing Date Highlights: Here's how to check the Urban Company IPO Allotment Status, GMP, Price Band Online.
Urban Company IPO, GMP Live: Updated GMP
Urban Co. IPO last GMP is Rs 51, last updated on Sep 16th, 2025, at 08:55 PM. With a price band of Rs 103.00, Urban Co. IPO's estimated listing price is Rs 154. The expected percentage gain/loss per share is 49.51%.
Urban Company IPO, GMP Live: Utilisation of funds
Urban Company has outlined how it will use the IPO proceeds – around Rs 190 crore will be invested in new technologies and cloud infrastructure, Rs 75 crore set aside for office leases, and about Rs 90 crore allocated for marketing to boost its brand. The remaining funds will go towards general corporate needs.
Urban Company IPO, GMP Live: Dates to watch out
The share allotment is expected to be finalised on September 15. The company’s stock is scheduled to make its market debut on the BSE and NSE on September 17.
Urban Company IPO, GMP Live: Subscription details
The Urban Company IPO is subscribed 108.98 times on September 12, 2025 5:04:43 PM. The public issue subscribed 41.49 times in the retail category, 147.35 times in the QIB category, and 77.82 times in the NII category.
Urban Company IPO, GMP Live: About the company
Founded in December 2014, Urban Company is a tech-driven online marketplace offering home and beauty services across 51 cities in India, the UAE, and Singapore.
The platform connects consumers with trained, background-verified professionals for services like cleaning, plumbing, electrical work, appliance repair, beauty treatments, and massage therapy. Urban Company also introduced its home solutions brand, 'Native,' featuring water purifiers and electronic door locks.
It supports service professionals with training, tools, financing, insurance, and branding, enhancing service quality and boosting earning potential. The company operates a joint venture in Saudi Arabia as of June 30, 2025.
Urban Company IPO, GMP Live: Market expansion
As of 2025, Urban Company operates in over 51 cities across India. In addition to its domestic presence, the platform has expanded internationally to major hubs like the UAE and Singapore, serving customers through a network of more than 50,000 professionals.
Urban Company IPO, GMP Live: Fund utilisation
Urban Company has plans regarding how to utilise the funds processed after the IPO – around Rs 190 crore will be invested in new technologies and cloud infrastructure, Rs 75 crore set aside for office leases, and about Rs 90 crore allocated for marketing to boost its brand. The remaining funds will go towards general corporate needs.
Urban Company IPO, GMP Live: Updated GMP
Urban Co. IPO last GMP is Rs. 54, last updated Sep 16th 2025 05:35 PM. With the price band of 103.00, Urban Co. IPO's estimated listing price is Rs.157.
Urban Company IPO, GMP Live: Important dates
The share allotment is expected to be finalised on Septmber 15. The company’s stock is scheduled to make its market debut on the BSE and NSE on September 17.
Urban Company IPO, GMP Live: Subscription details
The Urban Company IPO is subscribed 108.98 times on September 12, 2025 5:04:43 PM. The public issue subscribed 41.49 times in the retail category, 147.35 times in the QIB category, and 77.82 times in the NII category.
Urban Company IPO, GMP Live: Promoters of the company
The promoters of the company are Abhiraj Singh Bhal, Raghav Chandra and Varun Khaitan.
Urban Company IPO, GMP Live: Updated GMP
Urban Co. IPO last GMP is Rs. 53, last updated Sep 16th 2025 03:34 PM. With the price band of 103.00, Urban Co. IPO's estimated listing price is Rs. 156
Urban Company IPO, GMP Live: Financial performance
Urban Company earns mainly through commissions charged on services, along with product sales and advertising slots on its platform. On the expense side, significant outflows are directed toward technology development, staff salaries, partner training, and customer acquisition.
Urban Company IPO, GMP Live: How money flows in and out
Urban Company earns mainly through commissions charged on services, along with product sales and advertising slots on its platform. On the expense side, significant outflows are directed toward technology development, staff salaries, partner training, and customer acquisition.
Urban Company IPO, GMP Live: Technology as the backbone
The company relies heavily on algorithms powered by artificial intelligence and machine learning to handle matching, pricing, and scheduling. It also invests in training programs for its service partners to ensure consistent service standards.
Urban Company IPO, GMP Live: Market presence
As of 2025, the platform operates in more than 51 cities across India. Beyond domestic markets, Urban Company has also expanded to international hubs such as the UAE and Singapore, serving customers through its large pool of 50,000-plus professionals.
Urban Company IPO, GMP Live: Business overview
Urban Company runs a technology-led marketplace that connects people with trained professionals for household and personal services. These include everyday needs like cleaning, plumbing, appliance repair, as well as beauty and grooming at home.
Urban Company IPO, GMP Live: Pre-listing on view on Urban Company IPO
"We recommend allotted investors to HOLD the stock from a long-term investment perspective, keeping in mind the inherent market risks. For non-allotted investors, a ‘Wait and Watch’ approach is advisable to assess any post-listing dip as a potential entry point,” said Prashanth Tapse, Senior VP (Research), Mehta Equities.
Urban Company IPO, GMP Live: Listing date
The share allotment is expected to be finalised on Septmber 15. The company’s stock is scheduled to make its market debut on the BSE and NSE on September 17.
Urban Company IPO, GMP Live: Anand Rathi on Urban Company IPO
Anand Rathi Research said that the company is seeking a valuation at a P/E of 65.7x at the upper price band to its FY25 earnings, which the brokerage finds fully priced. The company has a price to sales of 12.9 and a market cap of Rs 14,789.5 crore post issue of equity shares.
“We believe that the IPO is fully priced and recommend a ‘Subscribe- Long Term’ rating to the IPO,” said Anand Rathi Research in an IPO note.
Urban Company IPO, GMP Live: Urban company long term outlook
"For investors, this IPO is a high-risk, high-reward bet, suitable only for those with a long-term horizon who believe in the company’s ability to scale sustainably as online penetration deepens. Our stance would be to ‘apply with caution,’ given the growth potential but stretched valuations,” said Gaurav Garg, Lemonn Markets Desk
Urban Company IPO, GMP Live: Pre listing view on Urban Company
"Given the high subscription levels and current positive market sentiment, we anticipate a strong listing gain in the range of 40–50% or higher, depending on market trends on listing day. However, beyond the immediate listing pop, Urban Company presents a compelling long-term structural story and can serve as a proxy for the growing demand in the home services segment across its key geographies," said Prashanth Tapse, Senior VP (Research), Mehta Equities.
"Accordingly, we recommend allotted investors to HOLD the stock from a long-term investment perspective, keeping in mind the inherent market risks. For non-allotted investors, a ‘Wait and Watch’ approach is advisable to assess any post-listing dip as a potential entry point,” he added.
Urban Company IPO, GMP Live: Financial performance
Urban Company in FY25 posted a net profit of Rs 242 crore in the first nine months, a complete turnaround from a Rs 58 crore loss during the same period last year.
The home services giant also reported operating revenue of Rs 846 crore. Expanding its reach, the company now serves customers across 51 Indian cities and has extended its presence internationally, including key markets like the UAE and Singapore.
Urban Company IPO, GMP Live: Subscription update
The Urban Company IPO saw a strong response, closing at 108.98 times subscription on its final day of bidding. Breaking it down, the retail portion was subscribed 41.49 times, the qualified institutional buyers (QIB) category drew a demand at 147.35 times, while the non-institutional investor (NII) segment closed at 77.82 times.
Urban Company’s IPO grey market premium (GMP) saw a sharp rise in early September. The GMP started at around Rs 10-20 per share in the first week, climbed to Rs 28–30 by September 8, and surged further during the IPO window from September 10–12. By September 15, it peaked near Rs 69–70, indicating potential listing gains of 65–70% over the IPO’s upper price band of Rs 103.
As of September 16, the GMP has moderated to Rs 52–53, suggesting a possible premium of around 50% from the issue's upper price band of Rs 103%.
However, it is important GMP is not the official listing price and can fluctuate based on market sentiment and investor activity.
Urban Company IPO, GMP Live: SBI Securities on Urban Company
SBI Securities brokerage reports see potential for long-term investors. According to the brokerage house IPO note, “UCL provides a range of household services, catering to requirements of urban consumers. It has a large addressable market currently being catered to by the unorganized industry. Net Transaction Value (NTV)/Revenue for the company has grown at a CAGR of 25.5%/34.1% over FY23-25. Profitability is on an improving trend and is expected to breakeven at the EBITDA level in FY26E.”
“At the upper band of the issue price, UCL is valued at 12.9x P/S on post-issue capital. We recommend subscribing to the issue with a long-term investment horizon,” added the brokerage in its IPO note.
Urban Company IPO, GMP Live: Anchor investors of the issue
Urban Company secured Rs 854 crore from anchor investors on September 9 ahead of its IPO, allotting just over 8.29 crore shares at Rs 103 each. The anchor book attracted participation from 29 mutual fund schemes across 13 fund houses, alongside prominent global and domestic institutions. Major investors included Nomura, Aditya Birla Sun Life, UTI, Government Pension Fund Global, ICICI Prudential Life, SBI Life, Bajaj Allianz, CitiGroup Global, Helios Mutual Fund, Florida Retirement System, and Goldman Sachs.
Urban Company IPO, GMP Live: Valuation outlook by Deven Choksey Research
Urban Company has serviced 14.6 million customers till date. The company has clocked 25.5% annual growth between FY23-FY25.. This growth has been driven by 17.3% increase in annual transacting users and a growth of 4.6% CAGR in average spend per transacting user.
In its report, Deven Choksey Research highlighted that its revenue has grown at a healthy pace of 34.1% CAGR over FY23-FY25. Moreover, during the same period, they also pointed out that the EBITDA margin has improved, led by strict cost control initiatives.
Deven Choksey Research explained that "Urban Company’s initial issue is priced at 12.4x TTM EV/sales, which appears higher compared to its listed peers in the food service category. Moreover, we have compared the company's financial performance with other service companies (not directly comparable) and believe its issue to be fairly priced."
They believe the company is well-positioned to "capitalise on the growth driven by expanding consumer segments and shifting preferences towards higher spending on experiences."
Urban Company IPO, GMP Live: When is the listing?
Urban Company finalised its share allotment on September 15, with successful bidders set to receive shares in their Demat accounts. The stock is scheduled to debut on the BSE and NSE on September 17. Kotak Mahindra Capital is managing the IPO as the lead manager, while MUFG Intime India is handling the allotment and registration process.
Urban Company IPO, GMP Live: Is Urban Company IPO GMP cooling off?
Urban Company’s shares are currently quoting at a Rs 52 grey market premium (GMP), indicating a possible listing price of around Rs 155 - nearly 50% above the IPO’s upper band of Rs 103.