- By Shreyansh Mangla
- Mon, 15 Sep 2025 02:31 PM (IST)
- Source:JND
Urban Company IPO Allotment: The service-at-your-doorstep delivery startup, Urban Company, is likely to allot shares to the successful IPO bidders today, September 15, 2025. The IPO of Urban Company was subscribed by a massive 103.6 times, showing a demand that was 100 times over the number of shares offered.
The public issue of the IPO was open from September 10 to September 12. Bidders who were successful in allotment will be credited their eligible shares to their demat accounts by September 16. The company will also initiate a refund on the same date.
The Urban Company IPO listing date is September 17, 2025, as per the NSE website. The shares will be listed on both BSE and NSE. The bidders can check the allotment status online by visiting the official sites of BSE and NSE. One can check their allotment status through the official websites of BSE, NSE, and the IPO registrar, MUFG Intime India Pvt. Ltd.
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How To Check Urban Company IPO Allotment Status On BSE:
Step 1: Visit https://www.bseindia.com/markets.html (The official BSE website).
Step 2: Select 'Equity' in the 'Issue Type' field.
Step 3: Choose Urban Company from the list under "Issue Name" option, under the drop-down menu.
Step 4: Select "Equity" from the "Issue Type".
Step 5: Choose "Urban Company Ltd" in the "Issue Name" drop-down menu.
Step 6: Enter either your 'Application Number' or PAN ID.
Step 7: Check the "I am not a robot" verification radio button, and click on 'Search'.
Your allotment status will be displayed on BSE.
How To Check Urban Company IPO Allotment Status On BSE
Step 1: Visit NSE website here: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
Step 2: Select 'Equity and SME IPO bids' option on the home page.
Step 3: Click on 'Issue Name' and select 'Urban Company' from the drop-down list.
Step 4: Enter your PAN and 'Application number'.
Step 5: Click on "Submit".
Your Urban Company allotment status on the NSE will be displayed.
Urban Company IPO Allotment Status: Steps To Check On MUFG Website
Step 1: Visit the link "https://in.mpms.mufg.com/Initial_Offer/public-issues.html".
Step 2: Choose "Urban Company Limited" in the 'Select Company' drop-down menu.
Step 3: Select the option for verification, such as PAN, App. No., DP ID or Account No.
Step 4: Enter the number/details as per the option selected in Step 3.
Step 5: Click on the "Search" button.
Your IPO allotment status will be displayed on the screen.
Urban Company IPO GMP
With a grey market premium of Rs 70, the Urban Company IPO in the unlisted market shows a strong and reliable trend and optimism ahead. It has an issue price of Rs 103, and the stock is expected to be listed around Rs 173 on its debut. It has a potential gain of about 68 per cent per share.
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Urban Company IPO Subscription Status, Key Details
The now large and established Urban Company, which earlier was known as Urban Clap, was founded in 2014, but it rebranded to Urban Company in 2020. The IPO opened from September 10. The price band was set between Rs 98 to Rs 103 per share. The company has raised Rs 1900 crore and was subscribed heavily, 103.63 times in total as follows:
Retail investors (RIIs) subscribed 39.25 times.
Non-Institutional Investors (NII) subscribed 74.04 times.
Qualified Institutional Buyers (QIB) subscribed 140.20 times.
The IPO seems to be heavily oversubscribed across all investor categories, which signals strong investor confidence and high demand.
Here, the book-running lead manager was Kotak Mahindra Capital Co. Ltd, while MUFG Intime India Pvt. Ltd. is the lead IPO registrar.