Mon Sep 15 05:30:00 UTC 2025: **Summary:**

The Urban Company IPO saw tremendous investor interest, closing with over 103 times subscription. Allotment is expected to be finalized today, September 15, 2025. Investors can check their allotment status through the registrar (MUFG Intime India Pvt. Ltd.) or the BSE/NSE websites. The grey market premium suggests a strong listing, while Groww is preparing for its own IPO with a $9 billion valuation. Several other IPOs are also set to open this week, indicating continued activity in the primary market.

**News Article:**

**Urban Company IPO Allotment Expected Today, Oversubscribed 103 Times**

**Mumbai, September 15, 2025** – Investors eagerly await the finalization of the Urban Company IPO allotment today, following a massively successful subscription period that closed on September 12. The IPO was oversubscribed by an impressive 103.6 times, driven by strong demand from qualified institutional buyers (QIBs) and high-net-worth individuals.

The IPO, priced between Rs 98-103 per share, saw QIB subscriptions reach 140.2 times, non-institutional investors at 74 times, and retail investors at 39.2 times. The Grey Market Premium (GMP) currently stands at Rs 68.5, suggesting a potential listing price of around Rs 171.5, a significant gain for allottees.

Investors can check their allotment status via the registrar, MUFG Intime India Pvt. Ltd., or the BSE and NSE websites.

Meanwhile, in other market news, Groww, a prominent investment platform, is gearing up for its own IPO, targeting a valuation of $9 billion. The company is expected to file its updated DRHP this week, with a potential listing in November.

The primary market remains active, with six new IPOs scheduled to open this week, signaling sustained investor interest in new listings. Urban Company shares are expected to debut on the stock exchanges on September 17, with a price band of Rs 98-103 per share, the company’s valuation is pegged at Rs 14,790 crore. The successful IPO underscores Urban Company’s strong position in the on-demand services market, offering beauty, wellness, and home repair services.

Read More