Urban Company IPO Listing: After tremendous subscription, now the broom-mopping company is ready to enter the stock market, there is a ruckus in GMP before listing

Urban Company IPO Listing: The company that provides every service you need, from sweeping and mopping to plumbing, cleaner, mechanic, beautician, is now going to enter the stock market. 

Urban Company's IPO is going to be listed in the market. After receiving tremendous subscription in the IPO, the shares have been allotted. Now everyone's eyes are on its listing in the market tomorrow. 

Urban Company's Rs 1,900 crore IPO got a good response from investors. Those who invested in this IPO, which was subscribed 104 times, will keep their eyes on the stock market on Wednesday. Investors hope that the stock will be listed in the market with gains. 

However, the scene is looking the opposite in the gray market premium. In the gray market, the company's GMP has fallen compared to the previous days. 

Shares of Urban Company are currently trading at a premium of about 52 percent. 

Whereas according to InvestorGain data, the GMP of the stock is around Rs 54. This means that investors can get a profit of up to 52.43 percent on the listing of Urban Company, but before that its GMP was 54 percent on September 12. In the next two days, it increased to 66 percent, but just before the listing, its GMP has come down to around 52 percent.   

Did you get Urban Company shares, allotment complete, waiting for listing

If you have also invested in Urban Company's IPO, then you can check the allotment status of the shares. The allotted shares were sent to the investors' accounts last night itself. 

You can check the share allotment information by visiting the BSE and NSE websites. The allotment of Urban Company IPO has been completed on 15 September. 

The shares will be credited to the demat accounts of those who got the shares on 16 September. Urban Company will enter the stock market on 17 September. It will be listed.