Urban Company IPO GMP Surges on Day 3 – Subscription Status and Listing Date
Urban Company’s IPO has set the market buzzing. On Day 3, the offering was oversubscribed nearly 26× and its Grey Market Premium (GMP) jumped to ₹43 per share, or about 42 % over the issue price. We see big demand from all kinds of investors, retail, non-institutional, and institutional. The IPO size is large (~₹1,900…