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post-item-image 13 September 2025

Hadley Chamberlain

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Urban Company IPO shatters 2025 record as five issues open: GMP buzz, subscription trends, and where gains may lie

Five IPOs opened for bids on September 10, led by Urban Company’s blockbuster issue that drew 103.6x subscriptions—the highest of 2025 so far. Dev Accelerator also drew strong retail interest with 32.79x bids by day two. Here’s what the subscription mix, GMP chatter, timelines, and risk-reward look like for investors eyeing listing gains or longer-term positions.

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