The public offer secured bids for 11,06,44,73,965 shares, compared to 10,67,73,244 shares on offer. This translates to a total subscription of a whopping 103.63 times, according to BSE data.

The part reserved for qualified institutional buyers (QIBs) was booked 140.20 times, while the non-institutional investors' (NIIs) quota was subscribed 74.04 times. The category set aside for retail individual investors received 39.25 times subscription.

The company moved to the capital markets to raise ₹1,900 crore by issuing new equity shares valued at ₹472 crore as well as an offer for sale of ₹1,428 crore.

Those selling their stake under the OFS include Accel India IV (Mauritius) Ltd, Elevation Capital V Ltd, Bessemer India Capital Holdings II Ltd, VYC11 Ltd and Internet Fund V Pte Ltd.

The fresh issue proceeds to the tune of ₹190 crore will be utilised for new technology development and cloud infrastructure, market activities, rent payment for its offices and corporate general purposes.

Urban Company runs a tech-driven, full-stack online services marketplace for various home and beauty categories.

It operates in 51 cities across India, Singapore, and the United Arab Emirates (UAE), excluding cities served by its joint venture (JV) in the Kingdom of Saudi Arabia, of which 47 cities are in India, as of June 2025.

Urban Company IPO allotment date and time: When and where to check

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

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Steps to check Urban Company IPO allotment on NSE

• Go to the allotment page of NSE at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Choose 'Equity & SME IPO bid details'
• Pick 'Urban Company' with the symbol 'URBANCO'
• Add PAN and application number
• Click on the 'Submit' button

Urban Company IPO allotment on BSE; step-by-step guide

• Click on this link: https://bseindia.com/investors/appli_check.aspx
• Issue type should be kept as 'Equity'
• Choose 'Urban Company Limited' from the available IPO names
• Fill in your IPO application number or PAN card details
• Press the 'Search' button

Steps to check Urban Company IPO allotment on MUFG Intime India

• Head to the registrar's page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Click on 'Urban Company Limited' from public offer names
• Mention either Application No, DP/Client ID, PAN or Account No/IFSC
• Hit the 'Submit' button

When will Urban Company IPO shares be listed?

Shares of Urban Company will be listed on the National Stock Exchange (NSE) and the BSE on Wednesday, September 17.

Urban Company IPO GMP

According to media reports and investorgain.com, unlisted shares of Urban Company are trading at ₹153 per share, reflecting a grey market premium (GMP) of 48.54% over the upper price band of ₹103.