Urban Company IPO: Indian home services firm Urban Company completed its anchor investor round on Tuesday, 9 September 2025. The firm raised ₹854 crore from anchor investors ahead of its initial public offering (IPO).
allocated a total of 8,29,00,485 or more than 8.29 crore equity shares with a face value of Re 1 apiece to the anchor investors at an allocation price of ₹103 per share, the company informed BSE through a filing.
Out of the total anchor allocation for the public issue, equity shares were allocated to 13 mutual funds through a total of 29 schemes.
Nomura, Aditya Birla Sun Life, Florida Retirement System, UTI, Government Pension Fund Global, ICICI Prudential Life Insurance, SBI Life Insurance, Bajaj Allianz, Helios Mutual Fund, Global, and Goldman Sachs were among the marquee investors who invested in the company’s anchor round ahead of the IPO.
Indian mutual fund companies, such as SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Nippon Life India Mutual Fund, UTI Mutual Fund, and Sundaram Mutual Fund, invested in the .
The top allocations for the anchor round were Government Pension Fund Global at 4.22%, Nippon India at 4.22%, and Nomura Funds at 4.22%, among others.
Urban Company IPO latest GMP
As of Tuesday, 9 September 2025, the grey market premium (GMP) of the Urban Company IPO stands at ₹34 per share. With the upper price band of the public issue at ₹103, the company’s shares are expected to be listed at ₹137 per share, marking a premium of 33.01%, according to Investorgain data.
The grey market premium (GMP) is the investors’ willingness to pay more for a primary issue in the . The IPO GMP dropped by Re 1 to its current level of ₹34 per share, compared to its earlier ₹35 per share level on Monday, 8 September 2025.
Urban Company IPO details
is offering a book-built issue with a combination of a fresh issue of shares amounting to ₹472 crore, along with an offer for sale (OFS) component of ₹1,428 crore. The company seeks to raise ₹1,900 crore from the initial public offering (IPO).
The company fixed the price band for the public issue in the range of ₹98 to ₹103 per equity share, with a lot size of 145 shares per lot.
The company plans to use the net proceeds from its for developing new technology and enhancing its cloud infrastructure, covering lease payments for office spaces, funding marketing activities, and supporting general corporate purposes.
Kotak Mahindra Capital Co. Ltd. is the book-running lead manager for the public issue, while MUFG Intime India Private Limited is the registrar of the offer.
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