The allotment status for the Urban Company IPO was finalized on Monday, September 15, 2025, following an overwhelming subscription of over 103 times. The shares of the home and beauty services marketplace are set to be listed on the BSE and NSE on September 17, 2025.
Investors who applied for the ₹1,900 crore public issue can now check their application status online through the official channels. Due to the massive oversubscription, particularly in the retail investor segment, which was subscribed over 39 times, the chances of allotment were limited. Successful applicants will have shares credited to their demat accounts, while refunds for unsuccessful bidders will be initiated on September 16, 2025.
The company’s Initial Public Offering, which ran from September 10 to September 12, saw strong demand across all investor categories. The Qualified Institutional Buyers (QIB) portion was subscribed over 140 times, while the Non-Institutional Investors (NII) segment received bids for over 74 times its reserved portion. The high demand is a reflection of investor confidence in Urban Company’s business model and its growth prospects in the burgeoning Indian home services market.
The IPO proceeds are intended to fund the company’s growth, including new technology development, cloud infrastructure, and marketing activities. The company aims to expand its services to more cities across India and internationally. This listing marks a significant milestone for Urban Company as it transitions from a privately-funded startup to a publicly-traded company.
Key Highlights:
- The allotment status for the Urban Company IPO was finalized on September 15, 2025, after the public issue was oversubscribed more than 103 times.
- The shares are scheduled to be listed on both the BSE and NSE on September 17, 2025.
- Due to high demand, the chances of allotment for retail investors, whose portion was subscribed over 39 times, were extremely low.
- Investors can check their allotment status on the websites of the BSE, NSE, or the IPO’s registrar, MUFG Intime India Private Limited.