Urban Co. IPO GMP - Live Grey Market Premium
Ongoing
Urban Co. is a technology-driven online service marketplace founded in 2014. The company offers a multi-category, hyperlocal platform that connects consumers with trained service professionals for a wide range of on-demand home and beauty services, such as cleaning, pest control, plumbing, carpentry, and massage therapy. It also sells products like water purifiers and electronic door locks under its 'Native' brand. The company operates in 51 cities globally, with a presence in India, the UAE, and Singapore. As of June 30, 2025, it had 54,347 monthly active service professionals on its platform. The company's business model benefits from network effects and a focus on building a trusted brand and consumer loyalty.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
11 Sept 2025Live | 103 | 43 | 146 | +41.75 |
10 Sept 2025 | 103 | 39 | 142 | +37.86 |
9 Sept 2025 | 103 | 36 | 139 | +34.95 |
8 Sept 2025 | 103 | 35 | 138 | +33.98 |
7 Sept 2025 | 103 | 27 | 130 | +26.21 |
6 Sept 2025 | 103 | 24 | 127 | +23.30 |
5 Sept 2025 | 103 | 20 | 123 | +19.42 |
4 Sept 2025 | 103 | 19 | 122 | +18.45 |
3 Sept 2025 | 103 | 19 | 122 | +18.45 |
2 Sept 2025 | 103 | 10 | 113 | +9.71 |
Important Notes About Grey Market Premium
Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.
GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.
The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.
IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.