
Urban Co. IPO Subscription Status
Urban Co. IPO closed on 12 September 2025 with an overall subscription of 108.98x based on shares applied. QIB demand came in at 95.14x, NII at 72.47x, and retail at 36.86x.
Allotment will be finalised on 15 September 2025. The stock is scheduled to list on NSE and BSE on 17 September 2025.
Issue Price
Rs 103.00
GMP Today
Rs 51.00 (+49.51%)
Overall Subscription
108.98x
Issue Size
₹1900.00 Cr
Allotment Date
15 Sept 2025
Listing Date
17 Sept 2025
Urban Co. IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 103.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 569.25 Cr | Rs 54,157.43 Cr | 95.14x |
| FII | - | Rs 16,224.62 Cr | - |
| DFI | - | Rs 21,335.42 Cr | - |
| Mutual Funds | - | Rs 4,635.30 Cr | - |
| Other | - | Rs 11,962.10 Cr | - |
| NII | Rs 284.62 Cr | Rs 20,627.02 Cr | 72.47x |
| bNII (above Rs 10L) | Rs 189.75 Cr | Rs 15,372.11 Cr | 81.01x |
| Corporate | - | Rs 221.63 Cr | - |
| Individual | - | Rs 14,219.58 Cr | - |
| Other | - | Rs 930.90 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 94.87 Cr | Rs 5,254.91 Cr | 55.39x |
| Corporate | - | Rs 11.30 Cr | - |
| Individual | - | Rs 5,029.00 Cr | - |
| Other | - | Rs 214.62 Cr | - |
| Retail | Rs 189.75 Cr | Rs 6,995.09 Cr | 36.86x |
| Cut-off price | - | Rs 5,708.23 Cr | - |
| Fixed price | - | Rs 1,286.86 Cr | - |
| Employee | Rs 2.50 Cr | Rs 82.77 Cr | 33.11x |
| Cut-off price | - | Rs 68.75 Cr | - |
| Fixed price | - | Rs 14.03 Cr | - |
| Total | Rs 1,046.13 Cr | Rs 81,862.31 Cr | 78.25x |
Urban Co. IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 5,52,66,991 | 2,346 | 0.00x |
| FII | - | 119 | - |
| DFI | - | 88 | - |
| Mutual Funds | - | 66 | - |
| Other | - | 2,073 | - |
| NII | 13,613 | 3,84,988 | 28.28x |
| bNII (above Rs 10L) | 9,075 | 1,45,002 | 15.98x |
| Corporate | - | 1,278 | - |
| Individual | - | 1,37,595 | - |
| Other | - | 6,129 | - |
| sNII (Rs 2L to Rs 10L) | 4,538 | 2,39,986 | 52.88x |
| Corporate | - | 467 | - |
| Individual | - | 2,29,507 | - |
| Other | - | 10,012 | - |
| Retail | 1,27,051 | 36,92,007 | 29.06x |
| Cut-off price | - | 29,64,947 | - |
| Fixed price | - | 7,27,060 | - |
| Employee | 1,674 | 37,464 | 22.38x |
| Cut-off price | - | 33,436 | - |
| Fixed price | - | 4,028 | - |
| Total | 5,54,09,329 | 41,16,805 | 0.07x |
What Do These Subscription Numbers Mean?
A subscription of 108.98x by shares means the IPO received bids for 109 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 95.14x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 95.14x, it reflects serious institutional conviction.
NII at 28.28x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 15.98x and sNII at 52.88x by applications. Share subscription was 72.47x. Allotment uses application count, not share volume.
At 29.06x subscription by applications, approximately 1 in 29 retail applicants can expect an allotment (~3% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 36.86x. Allotment uses application count, not share volume.
At 22.38x subscription by applications, approximately 1 in 22 employee applicants can expect an allotment (~4% per application). Employee reservation uses the same lottery logic as retail when oversubscribed.
Urban Co. IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 29.06x.
- •Allotment odds: about 1 in 29 (~3% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 36.86x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 52.88x.
- •Allotment odds: about 1 in 53 for a minimum-lot application (~2% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 55.39x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 15.98x.
- •Allotment odds: about 1 in 16 for a minimum-lot application (~6% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 81.01x. Allotment uses application count, not share volume.
Check the Urban Co. IPO Allotment Status page from 15 September 2025 for your allotment result.
Urban Co. IPO GMP After Subscription
GMP for Urban Co. IPO stands at Rs 51.00 today, giving an estimated listing price of Rs 154.00 per share.
The GMP has moved up from Rs 10.00 on 2 Sept 2025 to Rs 52.00 on 16 Sept 2025.
A subscription of 108.98x combined with a GMP of 49.51% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Urban Co. IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Urban Co. IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 10 Sept 2025 | 1.37x | 4.37x | 7.39x | 3.29x |
| Day 2 - 11 Sept 2025 | 1.56x | 19.15x | 18.67x | 9.48x |
| Day 3 - 12 Sept 2025 | 147.35x | 77.82x | 41.49x | 108.98x |
Urban Co. IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 10 September 2025 |
| IPO Close Date | 12 September 2025 |
| Allotment Date | 15 September 2025 |
| Refund Initiation | 16 September 2025 |
| Share Credit to Demat | 16 September 2025 |
| Listing Date | 17 September 2025 |
| Minimum Investment | Rs 14,935.00 |
| Lot Size | 145 shares |
About Urban Co. IPO
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Urban Co. IPO Subscription FAQs
What is Urban Co. IPO IPO subscription status today?
Urban Co. IPO IPO subscription closed on 12 September 2025 with overall subscription of 108.98x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 95.14x, NII 28.28x, Retail 29.06x.
What is the overall subscription of Urban Co. IPO IPO?
Urban Co. IPO IPO is subscribed 108.98x overall by shares at close on 12 September 2025. QIB 95.14x, NII 28.28x, and Retail 29.06x.
What is Urban Co. IPO IPO QIB subscription?
Urban Co. IPO IPO QIB (Qualified Institutional Buyers) subscription is 95.14x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Urban Co. IPO IPO Retail subscription?
Urban Co. IPO IPO Retail subscription is 29.06x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Urban Co. IPO IPO NII subscription?
Urban Co. IPO IPO NII (Non-Institutional Investors) subscription is 28.28x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Urban Co. IPO IPO for retail?
At 29.06x subscription by applications, approximately 1 in 29 retail applicants can expect an allotment (~3% per application). Allotment is done by lottery. Share subscription was 36.86x. Allotment uses application count, not share volume.
When is Urban Co. IPO IPO allotment date?
Urban Co. IPO IPO allotment date is 15 September 2025. Check Urban Co. IPO Allotment Status on IPOwiz from that day using your PAN.
When does Urban Co. IPO IPO subscription close?
Urban Co. IPO IPO subscription closed on 12 September 2025. No new applications are accepted after the close.
What is Urban Co. IPO IPO GMP today?
Urban Co. IPO IPO GMP is ₹51 today (+49.51% over issue price ₹103). See live GMP on the Urban Co. IPO GMP Today page.
What is Urban Co. IPO IPO issue price and lot size?
Urban Co. IPO IPO issue price is ₹103 per share. Lot size is 145 shares. Minimum investment is ₹14,935 per lot. Issue size: ₹1900.00 Cr.
When is Urban Co. IPO IPO listing date?
Urban Co. IPO IPO listing date is 17 September 2025 on NSE and BSE. Allotment is on 15 September 2025.
How does subscription affect Urban Co. IPO IPO allotment?
Allotment odds in Urban Co. IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 28.28x by applications means roughly 1 in 28 for minimum-lot bids; bNII at 15.98x (~1 in 16). At 108.98x overall, competition is very high.
For allotment results from 15 September 2025, visit the Urban Co. IPO Allotment Status page. For listing day updates on 17 September 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.