Urban Company IPO Allotment: How to Check Your Status

Urban Company, the leading tech-enabled home and beauty services platform, has finalized the allotment status for its highly anticipated Initial Public Offering (IPO). The public issue, which was open for subscription from September 10 to September 12, 2025, received an overwhelming response from investors, leading to a massive oversubscription.

Strong Demand and Allotment Finalization

The IPO, which aimed to raise ₹1,900 crore, garnered bids for over 100 times the shares on offer, making it one of the most subscribed IPOs of the year. The strong demand was seen across all investor categories:

• Qualified Institutional Buyers (QIBs): The QIB portion was subscribed over 140 times, indicating a robust vote of confidence from large institutional investors.
• Non-Institutional Investors (NIIs): This segment, which includes high-net-worth individuals, was subscribed over 70 times.
• Retail Individual Investors (RIIs): The retail portion also saw a significant response, with subscriptions of more than 40 times.

With such a high level of oversubscription, the allotment process for retail investors was conducted on a lottery basis, significantly reducing the chances of receiving shares.

How to Check Your IPO Allotment Status

Investors who applied for the Urban Company IPO can now check their allotment status online. The status is available on the websites of the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), and the IPO’s official registrar, MUFG Intime India Private Limited.

Checking Allotment on the Registrar’s Website (MUFG Intime India):

• Visit the official website of the registrar.
• Select ‘Urban Company Limited’ from the company dropdown menu.
• Enter your PAN, Application Number, or DP/Client ID.
• Click ‘Search’ to view your allotment details.

Checking Allotment on the BSE Website:

• Navigate to the IPO application status page on the BSE website.
• Under ‘Issue Type’, select ‘Equity’.
• From the dropdown list, choose ‘Urban Company Limited’.
• Enter your Application Number and PAN.
• Click ‘Search’ to check your status.

Checking Allotment on the NSE Website:

• Go to the NSE’s IPO allotment verification page.
• Select the ‘Equity and SME IPO bid details’ option.
• Choose ‘URBANCO’ from the ‘Select Symbol’ dropdown.
• Enter your PAN and Application Number.
• Click ‘Submit’ to see your allotment result.

Listing Day and Grey Market Premium (GMP)

The shares of Urban Company are scheduled to be listed on both the BSE and NSE on September 17, 2025. Ahead of the listing, the company’s shares have been commanding a significant premium in the grey market. The Grey Market Premium (GMP) has been hovering around ₹68, suggesting a potential listing price of approximately ₹171 per share, which is a remarkable premium over the issue price of ₹103.

While GMP is an unofficial indicator and can fluctuate based on market sentiment, it reflects a strong appetite for the company’s shares. Urban Company’s business model, which has shown a turnaround to profitability in the last fiscal year, along with its dominant position in the rapidly growing Indian home services market, is a major factor driving investor confidence.

Investors who have been allotted shares will have them credited to their Demat accounts, and refunds for un-allotted applications are also being processed. The listing day will be closely watched by market observers to see if the stock’s performance lives up to the high expectations set by the grey market.