Urban Company IPO Day 3: Check GMP, Subscription Status & Key Highlights
The bidding window for the ₹1900 crore Urban Company IPO will conclude today. The IPO has received a strong response from all the investor categories and got subscribed 9x till the end of Day 2.
Urban Company IPO: Issue Details
- Issue Size: 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.
- Price Band: The price band is set between ₹98 and ₹103 per share.
- Book-running lead managers: Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Private Limited, and JM Financial Limited
- Registrar: MUFG Intime India Private Limited
- Listing: The shares are proposed to be listed on the NSE and the BSE on Sep 17.
Urban Company IPO Day 3: Subscription Details
[12-Sep-2025 10:39:00 AM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
1.60 |
|
Non-Institutional Investors |
30.76 |
|
Retail Individual Investors (RIIs) |
22.18 |
|
Employees |
16.56 |
|
Total |
13.30 |
Utilisation of IPO Proceeds
The company aims to use the net proceeds from the fresh issue towards the following objectives.
- Funding the capital expenditure towards new technology development and cloud infrastructure
- Marketing activities
- General corporate purposes
- Lease payments for offices
Urban Company IPO GMP Details
As of 12 Sep 2025, Urban Company IPO's GMP stood at ₹43. The estimated listing price is ₹146, i.e., a 41.75% gain per share over the upper price band.
Source: Business Standard Report dated 12 Sep 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. |
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