The ₹ 1,900-Crore Initial Public Offering (IPO) of Urban Company Ltd, The app-based beauty and home services platform, have received favorite demand so far on the Final Day of Bidding, with Overall Subscription at 19.77 Times. Nse data showed bids for 211.09 Crore Shares Against The 10.67 Crore Shares on offer.
Retail and Nii segments lead
Investor Interest was LED by Non-Institutional Investors, Whose Quota Was Subscribed 40.57 Times, Who The Retail Investors Category Saw 26.11 Times Subscription. The Qualified Institute Buyers (QIBS) Segment Stood at 7.26 Times and Employee Port 19.21 Times at 11.57 am on September 12.
Anchor investment
On tuesday, the company Raised ₹ 854 Crore from Anchor Investors.
IPO: Fresh Issue, Ofs, Price Band
The ₹ 1,900 Crore Issue Comprises a Fresh issue of ₹ 472 Crore and An Offer for Sale (ofs) of ₹ 1,428 Crore by existing investors, include accel India, elevation capital, Holdings II Ltd, Internet Fund V PTE Ltd, and Vyc11 Ltd.
The IPO, which will close for subscription today, is priced in the band of ₹ 98 – ₹ 103 per share, Valuing the company at ₹ 14,790 Crore at the upper end. The minimum lot size is 145 shares.
The IPO is being managed by kotak mahindra capital company limited, Morgan Stanley India Company Pvt Ltd, Goldman Sachs (India) SACHS (India) Securities Pvt Ltd, and JM Financial Limited as Book Running Lead Managers. The registrar to the issue is Mufg Intime India Private Limited.
Gaurav Garg, Lemonn Markets Desk, Emphahsized That The IPO is High-Risk, High-Reward Bet, Suitable only for that with a long-term Horizon Who Believe in the Company ‘ Sustainally as Online Penetration Deepens. “Our stance would be to ‘apply with caution,’ Given the growth potential but stretched valuations.”
To know more about what brokeges say, Read here
Use of proceeds
Urban company plans to deploy the fresh capital for technology development and cloud infrastructure, office lease payments, marketing activities and general corporates.
GMP & Listing Date
As per reports, the unlisted market sugges a green market premium of ₹ 43 per share. Shares will likely debut on bourses on September 17.
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Published on September 12, 2025