Urban Company IPO Day 3: Grey market premium at 36%, key details here

Urban Company’s Rs 1,900 crore IPO, priced at Rs 98–103 per share, closes on September 12 with listing slated for September 17. The firm reported FY25 revenue of Rs 1,144.5 crore, up 38% YoY, and net profit of Rs 240 crore aided by a tax credit. Brokerages recommend subscribing with a long-term view despite rich valuations.