Mon Sep 15 05:30:00 UTC 2025: **Urban Company IPO Allotment Expected Next Week After Overwhelming Investor Demand**

**New Delhi, [Current Date]** – Urban Company Ltd’s initial public offering (IPO) is set for share allotment next week, expected on September 15, 2025, following a surge in investor interest during the bidding period from September 10 to 12. The IPO, which drew nearly 110 times subscription, with strong participation from retail investors, non-institutional investors (NIIs), and qualified institutional buyers (QIBs), is slated to list on the BSE and NSE on September 17.

The company raised ₹1,900 crore through the IPO, comprising a fresh issue of ₹472 crore and an offer-for-sale (OFS) of ₹1,428 crore. The IPO price band was set at ₹98 to ₹103 per share.

Investors can check their Urban Company IPO allotment status online through the websites of BSE and NSE, and the registrar, MUFG Intime India Pvt. Ltd. The process involves selecting “Urban Company Ltd” on the respective platforms and entering either the application number or PAN details.

Indications from the grey market suggest a strong listing, with the grey market premium (GMP) currently at ₹44 per share. This implies an estimated listing price of ₹147 per share, a premium of approximately 43% over the IPO price of ₹103.

Refunds for unsuccessful bidders and credit of shares into demat accounts for eligible allottees are expected to be processed on September 16.

Kotak Mahindra Capital Co. Ltd. served as the book-running lead manager for the IPO.

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