Urban Company IPO Listing Live Updates: Shares debut at nearly 60% premium after over 100x IPO subscription

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HomeMarket NewsUrban Company IPO Listing Live Updates: Shares debut at nearly 60% premium after over 100x IPO subscription

Urban Company IPO Listing Live Updates: The IPO has garnered major investor attention, as seen from heightened activity in the unlisted market. The grey market premium (GMP) for the stock surged from ₹10 at the time of the issue launch to ₹50, indicating a strong 50% premium. Follow CNBC-TV18's live blog to get all the latest updates on Urban Company's listing.

 Shares debut at nearly 60% premium after over 100x IPO subscription

Urban Company IPO Listing Live Updates: Home services marketplace Urban Company's shares made a strong entry on Dalal Street on Wednesday, September 17. The stock made its debut on the bourses at 10 am. Analysts were expecting shares of Urban Company to see a stellar listing at a premium of nearly 50%, compared to its issue price. The IPO has garnered major investor attention, as seen from heightened activity in the unlisted market. The grey market premium (GMP) for the stock surged from ₹10 at the time of the issue launch to ₹50, indicating a strong 50% premium. Follow CNBC-TV18's live blog to get all the latest updates on Urban Company's listing.

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