Urban Company IPO Subscribed 9.48x on Day 2
On the second day of bidding, 11 September 2025 (till 5:00 PM), the Urban Company IPO was subscribed 9.48 times overall.
The company received bids for 96,32,29,055 shares against the 10,15,65,534 shares on offer. On day 1, the issue was subscribed 3.29×.
Founded in December 2014, Urban Company is a fast-growing tech-based marketplace for on-demand home and beauty services. By 30 June 2025, it operated in 51 cities across India, the UAE, and Singapore, excluding areas covered through its joint venture in Saudi Arabia.
Customers can book services such as cleaning, plumbing, electrical work, appliance repair, beauty treatments, and massage therapy at home. Under its “Native” brand, Urban Company has also expanded into home-solution products like water purifiers and electronic door locks. To support service professionals, it provides training, tools, financing, insurance, and branding resources. The platform averages around 54,347 active service professionals each month.
As of Thursday, 11 September 2025, the Urban Company IPO’s GMP stood at ₹40, implying an estimated trading price of ₹143 in the grey market compared to the ₹103 issue price.
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