Urban Company IPO Sees Exceptional Demands, Subscribed 108.98x on Day 3

Urban Company Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription, with Urban Company's stock price set at ₹98-103 per share, reflecting outstanding market reception. The ₹1,900.00 crore IPO reached 108.98 times by 5:04:43 PM on day three, indicating exceptional investor interest in this technology-driven home and beauty services marketplace incorporated in 2014.

Urban Company IPO qualified institutional buyers (ex-anchor) segment leads with a remarkable 147.35 times subscription, whilst non-institutional investors demonstrate impressive participation at 77.82 times, and retail investors show strong interest at 41.49 times, reflecting outstanding investor confidence in this company.

Urban Company IPO subscription reached an exceptional 108.98 times on day three, led by QIB (Ex-Anchor) (147.35x), Non-Institutional Investors (77.82x), and Retail Investors (41.49x). Total applications reached 44,92,426.

Subscription Status of Urban Company IPO:

Urban Company IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached an exceptional 108.98 times, up sharply from day two's 9.48 times.
• Qualified institutional buyers displayed remarkable confidence at 147.35 times, building dramatically from day two's 1.56 times.
• Non-institutional investors showed strong participation at 77.82 times, up from day two's 19.15 times.
• Employees showed robust interest at 42.55 times, up from day two's 15.59 times.
• Retail investors displayed strong confidence at 41.49 times, rising from 18.67 times on day two.
• Total applications reached 44,92,426, indicating massive investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹1,14,009.30 crores, significantly exceeding the issue size of ₹1,900.00 crores.

Urban Company IPO - Day 2 Subscription at 9.48 Times

• Overall subscription reached 9.48 times, showing strong improvement from day one's 3.29 times.
• Non-institutional investors were particularly active at 19.15 times, up from 4.37 on day one.
• Retail investors displayed confidence at 18.67 times, building from day one's 7.39 times.
• Employees showed strong interest at 15.59 times, up from 6.71 times on day one.
• Qualified institutional buyers showed modest growth at 1.56 times, versus 1.37 on day one.

Urban Company IPO - Day 1 Subscription at 3.29 Times

• Overall subscription reached 3.29 times, indicating a strong opening day response.
• Retail investors were active at 7.39 times, reflecting robust retail sentiment.
• Employees showed solid participation at 6.71 times.
• Non-institutional investors recorded 4.37 times, while QIBs were at 1.37 times.

About Urban Company Limited

Incorporated in December 2014, Urban Company is a technology-driven, full-stack online marketplace offering home and beauty services across 51 cities in India, the United Arab Emirates and Singapore. The company's platform enables consumers to book services such as cleaning, plumbing, electrical work, appliance repair, beauty treatments, and massage therapy, delivered by trained professionals.