The much-awaited Urban Company IPO has now moved into a crucial phase with allotment finalisation completed. Investors who subscribed to the issue are now keen to check their allotment status, understand the refund timeline, and track when shares will be credited to their demat accounts. The listing details are also of significant interest as the stock makes its market debut.
This blog provides a detailed breakdown of the allotment process, how to check your application status, refund timelines, demat account credits, and key listing details for the Urban Company IPO.
Allotment Finalisation
After the close of the subscription period, the basis of allotment has been finalised. This process determines which investors receive shares and in what quantity. The allotment ratio varies across investor categories, such as:
- Qualified Institutional Buyers (QIBs) – A significant portion is reserved for institutional investors like mutual funds, insurance companies, and foreign institutional investors.
- Non-Institutional Investors (NIIs) – High-net-worth individuals fall under this category, and allotment here depends on demand and oversubscription levels.
- Retail Individual Investors (RIIs) – A fixed percentage of the issue is reserved for small investors who apply within the retail limit.
- Employees and Other Reserved Categories – Some IPOs also have a portion reserved for employees or strategic investors, depending on the offer structure.
The allotment ensures fair distribution across categories while maintaining regulatory requirements.
How to Check IPO Allotment Status
Investors can check the Urban Company IPO allotment status through multiple methods. The status shows whether shares have been allotted and how many have been credited. Common ways include:
- Registrar’s Website – The registrar of the IPO usually provides an option to check allotment status by entering the application number, PAN, or DP/Client ID.
- Stock Exchanges – The allotment details are also updated on the BSE and NSE IPO application tracking sections, where investors can check the status using their PAN or application ID.
- Broker Platforms – Many brokerage apps and online trading platforms also display allotment status once the registrar confirms the final list.
By checking allotment, investors quickly know whether they received shares or their application funds will be refunded.
Refunds for Non-Allottees
For those who did not receive shares, the refund process is initiated immediately after allotment finalisation. Refunds usually happen through:
- UPI Mandates – For retail investors who applied via UPI, blocked funds are released once the allotment process ends.
- ASBA Accounts – Investors who applied via ASBA (Application Supported by Blocked Amount) see the lien removed on their bank accounts, making the funds available again.
- Refund to Linked Bank Accounts – In case of partial or no allotment, refunds are directly credited back to the applicant’s bank account linked with the IPO application.
Refunds are typically completed within a day or two after allotment finalisation, ensuring investors can use the money for other opportunities.
Credit of Shares to Demat Accounts
For successful allottees, the shares of Urban Company will be credited directly to their demat accounts. The credit date generally falls one working day before the listing. Investors can check their demat account statements or brokerage app holdings to confirm whether shares have been credited.
This step is important because only after shares are credited can investors sell or trade them once the stock is listed.
Listing Details
The final step in the IPO process is the listing of Urban Company shares on the stock exchanges. Listing provides the first opportunity for investors to trade their shares in the secondary market.
Key aspects of listing include:
- Listing Date – The shares are expected to list within a few days of allotment finalisation. The exact date is communicated in advance.
- Exchanges – The shares will be listed on both the BSE and NSE, providing liquidity and access to a broad investor base.
- Price Discovery – On the listing day, the opening price is determined through the pre-open call auction session, balancing demand and supply.
Investors watch this closely to see how the market values Urban Company compared to its IPO issue price.
What Investors Should Keep in Mind
The allotment phase is a critical juncture in the IPO journey, but investors must consider a few important points:
- Partial Allotment – Even if you applied for higher lots, you may receive fewer shares depending on demand and oversubscription levels.
- Refund Timelines – Always verify that refunds are processed in case of non-allotment to avoid blocked funds longer than expected.
- Demat Verification – Double-check that the shares are visible in your demat account before the listing date.
- Market Volatility – Listing gains or losses depend on overall market sentiment and demand for the stock. Investors should prepare for both outcomes.
Conclusion
With the Urban Company IPO allotment finalised, investors now move to the next stages of refund processing, share credit, and stock listing. Those allotted shares will look forward to the listing date for potential opportunities, while non-allottees will see their funds refunded promptly.
This structured process ensures transparency and efficiency, giving every investor clarity on their investment journey. Whether you received shares or not, staying updated on the listing and future performance of Urban Company will be important for making informed decisions.
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