Urban Company IPO GMP Rally: 30% Premium Ahead of Opening; Price Band, Allotment, Listing Date & All Details

The current 30% surge in the Urban Company IPO GMP is creating a lot of excitement in the market as investors are prepared for the subscription window opening. Just days after the announcement of the launch of the Urban Company IPO, investors are highly optimistic about the issue and are expecting big listing gains.

Urban Company IPO GMP

As of today the Urban Company IPO GMP jumped to Rs. 30.5. Considering the IPO's price band of Rs. 98 to 103, the estimated listing price is around Rs. 133.5, offering potential gains of nearly 30% per share. Market sentiment and investor enthusiasm are very high ahead of the IPO launch

All Details About Urban Company IPO

The Urban Company IPO is a book-built issue worth Rs .1,900 crores, comprising both a fresh issue and an offer for sale (OFS). The fresh issue includes 4.58 crore shares worth ₹472 crores, while the OFS involves 13.86 crore shares totalling Rs. 1,428 crores. The Urban Company IPO opens for subscription on September 10th and closes on September 12, 2025, with allotment expected on September 15th. The tentative listing on BSE and NSE is scheduled for September 17th.

Investment Details: How Much Do You Need to Apply?

For investors looking to participate in the Urban Company IPO, the price band has been fixed between Rs. 98 and Rs. 103 per share. At this range, the minimum application for retail investors is one lot, which includes 145 shares. This comes to an investment of about Rs. 14,935 at the upper price band.

For larger investors, the requirements go up significantly. sNII (Small Non-Institutional Investors) need to apply for a minimum of 14 lots, which equals 2,030 shares, amounting to around Rs. 2,09,090. On the other hand, bNII (Big Non-Institutional Investors) must bid for at least 67 lots, or 9,715 shares, requiring a hefty investment of nearly Rs. 10,00,645.

About Urban Company

Urban Company, formerly known as UrbanClap, is one of India's leading home services marketplaces. Founded in 2014 by Abhiraj Bhal, Raghav Chandra, and Varun Khaitan, the company connects customers with trained professionals for services such as beauty, wellness, home repairs, cleaning, appliance servicing, painting, and fitness.
Urban Company has expanded and is now available across India, the UAE, Australia, Singapore, and Saudi Arabia, building a strong customer base and professional network and is backed by marquee investors like Tiger Global, Vy Capital, Steadview, Accel, and Prosus Ventures.