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Urban company IPO GMP rockets 42% on final day of bidding

  •   Fri, Sep 12 2025 01:36:49 PM

Daijiworld Media Network – New Delhi

New Delhi, Sep 12: The Urban Company IPO, which opened on September 10, entered its final day of bidding on Thursday with strong investor response. By 1 pm, the issue was subscribed 30.61 times.

The Rs 1,900 crore public issue comprises fresh equity and an offer-for-sale of 13.86 crore shares. The IPO price band has been fixed at Rs 98–103 per share.

In the grey market, the IPO is commanding a premium of Rs 43, signalling a potential 42 percent listing gain over the upper price band.

The bidding closes today, while share allotment is scheduled for September 15. Urban Company will be listed on BSE and NSE on September 17.
  

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Title: Urban company IPO GMP rockets 42% on final day of bidding



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