Urban Company IPO Review: Subscription Status, GMP, Valuations & Investment Call
Day 1 of Urban Company’s IPO: Urban Company Limited’s initial public offering (IPO) debuted on the Indian main market today. Subscriptions for the Urban Company IPO will be accepted until September 12, 2025. This indicates that Wednesday through Friday is the date of the Urban Company’s IPO. The Urban business IPO pricing range has been set by the business at ₹98 to ₹103 per equity share.
It is suggested that the public issue be listed on both the BSE and the NSE. With ₹472 crore going toward the issuance of new shares, the mainboard offering hopes to generate ₹1,900 crore from its debut offer. An offer for sale (OFS) is set aside for the remaining ₹1,428 crore. At 10:00 AM today, the mainboard IPO bidding will start.
Long before its subscription opened, Urban Company’s IPO generated a lot of interest on the grey market. Stock market watchers report that the company’s shares are trading at a premium of ₹37 on the grey market today, ₹2 more than the premium of ₹35 yesterday.
Accordingly, the Urban Company IPO GMP today is ₹37, meaning that prospective investors would see a listing gain of almost 36%. According to market watchers, the IPO GMP for Urban Company has increased from ₹28 to ₹37 over the past two days. For the Indian primary market investor submitting an application for an IPO in an urban company, this implies a significant listing gain.
Status of Urban Company’s IPO subscriptions
At 10:00 AM today, the public issue will go up for bid. Applications for the IPO are accepted from 10:00 AM to 5:00 PM on the Wednesday through Friday trading sessions.
Urban Company IPO details
1] Urban Company IPO GMP today: Market observers say shares of the company are available at a premium of ₹37 in the grey market today.
2] Urban Company IPO price: The engineering company’s fixed price band for this public issue is ₹98 to ₹103 per equity share.
3] Urban Company IPO date: The book build issue will open on 10 September 2025 and remain open until 12 September 2025.
4] Urban Company IPO size: The mainboard issue aims to raise ₹1,900 crore from its initial offer, of which ₹472 crore will be used to issue fresh shares. The remaining ₹1,428 crore is reserved for an offer for sale (OFS).
5] Urban Company IPO lot size: A bidder can apply in lots, and one lot of the mainboard IPO comprises 145 company shares.
6] Urban Company IPO allotment date: Share allocation can be expected on 13 September 2025. However, if there is a delay due to Saturday, the allocation can be finalised on 15 September 2025.
7] Urban Company IPO registrar: MUFG Intime India Private Limited has been appointed the official registrar of the book build issue.
8] Urban Company IPO listing date: The public issue is proposed for listing on the BSE and the NSE. Share listing can be expected on 17 September 2025.
9] Urban Company IPO lead managers: Kotak Mahindra Capital, Morgan Stanley India, Goldman Sachs (India), and JM Financial have been appointed lead managers of the public issue.
Urban Company IPO: Apply or not?
10] Urban Company IPO review: Speaking on Urban Company IPO valuations, Gaurav Garg of Lemonn Markets Desk, said, “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.”
“The IPO puts the firm at a market capitalization of ₹14,790 Cr at the maximum price band of ₹103 per share. This corresponds to a Market Cap-to-Sales multiple of around 10x based on projected FY2026 earnings. We think a premium could be warranted, even if this value seems greater. This is because Urban Company has a premium service mix, better unit economics, and a closer relationship with its service suppliers.
This valuation, however, is predicated on the firm maintaining its rapid growth and margin expansion. Anshul Jain, Head of Research at Lakshmishree Investment, stated that there isn’t much opportunity for a short-term re-rating.
When asked if one should submit an application, Anshul Jain “We recommend that risk-tolerant investors seeking exposure to the rapidly growing home services sector ‘SUBSCRIBE WITH RISK’ to the Urban Company Ltd IPO, but only with a long-term investment horizon.”
“Urban Company Ltd. is one of the fastest growing companies offering a range of home services. It is poised for future growth and plans to expand its presence in India beyond the cities in which it operates. The company focuses on improving the consumer experience by upskilling the service professionals, improving the quality of service delivery, and striving for consumers to experience a branded service experience,” the Master Capital Trust report stated, assigning a “subscribe” tag to the mainboard IPO.
To improve the service offerings on the platform, the organization is dedicated to developing new subcategories and enhancing current service categories. The IPO is a viable option for investors looking to make long-term investments.
The Urban Company IPO has also been given a “subscribe” tag by Dr. Choksey Finserv, Arihant Capital, BP Equities, Canara Bank Securities, Mehta Equities, and Sushil Finance.
Disclaimer: This article is for informational and educational purposes only. IPO investment involves risks, and readers should not consider Grey Market Premium (GMP), subscription data, or reviews as financial advice. We do not guarantee the accuracy of unofficial GMP figures. Investors are advised to consult with a SEBI-registered financial advisor and rely on official documents such as the RHP/DRHP before making investment decisions.
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