Urban Company’s ₹1,900-Crore IPO Opens for Subscription: Here Are 10 Things to Know
Share this article:
Urban Company, a leading tech‑enabled home services platform, is opening its long‑anticipated IPO on September 10, and the issue will run until September 12. The total size stands at Rs 1,900 crore, combining fresh equity of Rs 472 crore and an offer for sale (OFS) of Rs 1,428 crore by existing investors. Set at a price band of Rs 98–103 per share, the IPO reflects the company’s evolution from a bootstrapped startup into a public‑market contender.
A significant part of the issue has already been taken by anchor investors, creating positive sentiment ahead of the public launch. Retail investors can apply in lots of 145 shares, requiring a minimum investment of nearly Rs 14,935. The offering is scheduled to list on both the BSE and NSE on September 17, highlighting its importance in this year’s IPO calendar. With strong financial turnaround, competitive strength, and rapid expansion, Urban Company presents both opportunity and complexity for investors.
IPO Dates and Schedule
Urban Company's IPO opens on September 10, 2025, and closes on September 12, 2025. The listing is expected on September 17 on both BSE and NSE.
IPO Size and Structure
The IPO totals ₹1,900 crore, including a fresh issue of ₹472 crore and an offer for sale (OFS) of ₹1,428 crore by existing investors.
Price Band and Lot Size
The price band is set at ₹98–₹103 per share, and the minimum application requires one lot of 145 shares, costing around ₹14,935 for retail investors.
Use of IPO Proceeds
Funds raised from the fresh issue will be used for technology upgrades, branding, lease payments, and working capital needs.
Anchor Investor Interest
Urban Company secured ₹854 crore from anchor investors like Fidelity, GIC, and Norges Bank, signaling strong institutional confidence ahead of the public offer.
Financial Performance
For FY25, Urban Company reported its first full-year profit and saw revenue cross ₹1,140 crore, backed by strong demand and operational efficiency.
Company Background
Founded in 2014, Urban Company offers tech-enabled home services in cleaning, grooming, repairs, and operates across India and international markets.
Valuation and GMP
At the upper price band, the company is valued at around ₹14,800 crore. The grey market premium (GMP) before the IPO is reportedly in the 28–35% range.
Risk Factors
Key risks include high customer acquisition costs, intense competition, and reliance on a large network of gig-based service professionals for delivery.
Investor Allocation and Allotment
The IPO reserves 75% for QIBs, 15% for NIIs, and 10% for retail investors, with a ₹9 discount for employees. Allotment is expected by September 15.
Urban Company’s ₹1,900-crore IPO marks a significant step in its journey from a startup to a market-listed enterprise. With strong institutional backing, a robust growth story, and improving financials, it presents an attractive opportunity for investors. However, market volatility, operational risks, and competitive pressures add layers of complexity that investors must carefully evaluate before applying.
Disclaimer: This article is for informational purposes only and should not be considered as financial or investment advice. Investing in IPOs involves risks, including the potential loss of capital. Investors are advised to conduct their own research and consult with a certified financial advisor before making any investment decisions. The performance of the IPO may be influenced by market conditions and company fundamentals, which are subject to change.
A significant part of the issue has already been taken by anchor investors, creating positive sentiment ahead of the public launch. Retail investors can apply in lots of 145 shares, requiring a minimum investment of nearly Rs 14,935. The offering is scheduled to list on both the BSE and NSE on September 17, highlighting its importance in this year’s IPO calendar. With strong financial turnaround, competitive strength, and rapid expansion, Urban Company presents both opportunity and complexity for investors.
IPO Dates and Schedule
Urban Company's IPO opens on September 10, 2025, and closes on September 12, 2025. The listing is expected on September 17 on both BSE and NSE.IPO Size and Structure
The IPO totals ₹1,900 crore, including a fresh issue of ₹472 crore and an offer for sale (OFS) of ₹1,428 crore by existing investors. Price Band and Lot Size
The price band is set at ₹98–₹103 per share, and the minimum application requires one lot of 145 shares, costing around ₹14,935 for retail investors.Use of IPO Proceeds
Funds raised from the fresh issue will be used for technology upgrades, branding, lease payments, and working capital needs. Anchor Investor Interest
Urban Company secured ₹854 crore from anchor investors like Fidelity, GIC, and Norges Bank, signaling strong institutional confidence ahead of the public offer. Financial Performance
For FY25, Urban Company reported its first full-year profit and saw revenue cross ₹1,140 crore, backed by strong demand and operational efficiency. Company Background
Founded in 2014, Urban Company offers tech-enabled home services in cleaning, grooming, repairs, and operates across India and international markets.Valuation and GMP
At the upper price band, the company is valued at around ₹14,800 crore. The grey market premium (GMP) before the IPO is reportedly in the 28–35% range. Risk Factors
Key risks include high customer acquisition costs, intense competition, and reliance on a large network of gig-based service professionals for delivery. Investor Allocation and Allotment
The IPO reserves 75% for QIBs, 15% for NIIs, and 10% for retail investors, with a ₹9 discount for employees. Allotment is expected by September 15. Urban Company’s ₹1,900-crore IPO marks a significant step in its journey from a startup to a market-listed enterprise. With strong institutional backing, a robust growth story, and improving financials, it presents an attractive opportunity for investors. However, market volatility, operational risks, and competitive pressures add layers of complexity that investors must carefully evaluate before applying.
Disclaimer: This article is for informational purposes only and should not be considered as financial or investment advice. Investing in IPOs involves risks, including the potential loss of capital. Investors are advised to conduct their own research and consult with a certified financial advisor before making any investment decisions. The performance of the IPO may be influenced by market conditions and company fundamentals, which are subject to change.
Next Story