The Grey Market Premium (GMP) reflects the additional amount investors are willing to pay for shares prior to their official listing on the stock market. For the Urban Company IPO, the issue price is set at Rs 103 per share, while the current GMP stands at Rs 27.5 as of September 8, 2025. This suggests that shares may debut at Rs 130.5 (Rs 103 plus Rs 27.5), indicating a potential profit of Rs 27.5 per share, translating to a 26.7% return. The significance of GMP lies in its ability to provide an early indication of investor interest in the IPO; a higher GMP signals positive sentiment among investors.
However, it is important to note that GMP is merely a forecast and the actual listing price could vary. Key dates to note include: Latest GMP of Rs 27.5 on September 8, expected listing price of Rs 130.5, allotment date on September 15, 2025, and listing date on September 17, 2025.