Written by Hitesh VyasSeptember 17, 2025 10:47 AM IST 2 min readThe Urban Company’s Rs 1,900 crore IPO received an overwhelming response, getting oversubscribed 103.63 times.Shares of Urban Company, a tech-driven online full stack home services platform, made a strong debut on bourses, getting listed at a premium of over 55 per cent.On the BSE, the company’s share opened at Rs 161 apiece, a premium of 56 per cent to the upper price band, and on the NSE it opened at Rs 162.25 per share, a premium of 57.52 per cent. The upper band of the company’s initial public offering was Rs 103 a share.Urban Company IPOThe Urban Company’s Rs 1,900.24 crore initial public offer was a combination of fresh issue of 4.58 crore shares aggregating to Rs 472.24 crore, and offer for sale of 13.86 crore shares amounting to Rs 1,428 crore.The price band of the issue was fixed at Rs 98-103 per share. The issue opened for subscription on September 10 and closed on September 12.IPO oversubscribedThe Urban Company’s Rs 1,900 crore IPO received an overwhelming response, getting oversubscribed 103.63 times. Investors bid for 1,106.46 crore shares as against 10.68 crore offered. The retail portion of the issue got subscribed 39 times, with nearly 76 crore bids being received compared to 1.93 crore offered.The qualified institutional buyers (QIB) category saw a subscription of 140.2 times, with investors placing bids for 814 crore as against 5.81 crore offered. The non-institutional investor portion got 74.04 times subscribed. The employees bid for 1.03 crore shares, as against 2.81 lakh offered to them, representing a subscription of 36.79 times. The company had raised Rs 569.25 crore through anchor investors.© The Indian Express Pvt Ltd