Urban Company IPO is scheduled to open on September 10, 2025, and will close on September 12, 2025. The basis of allotment will be finalized on September 15, 2025, while refunds and credit to Demat accounts will take place on September 16, 2025. The shares of Urban Company are set to be listed on the BSE and NSE on September 17, 2025.
The Urban Company IPO is a Book Built Issue worth around ₹1,900 crores, comprising a fresh issue of ₹472 crores (4.58 crore shares) and an offer for sale of up to 13.86 crore equity shares, aggregating to ₹1,428 crores. The price band for the IPO is fixed at ₹98 to ₹103 per share, with a lot size of 145 shares. The minimum investment for retail investors is ₹14,935, while the sNII category requires a minimum of 14 lots (2,030 shares) worth ₹2,09,090, and the bNII category requires 67 lots (9,715 shares) worth ₹10,00,645. The quota distribution is 10% for retail investors, 75% for QIBs, and 15% for HNIs.
Financially, the company has shown strong performance with revenue of ₹1,260.68 crores in FY25, up from ₹927.99 crores in FY24. Moreover, Urban Company turned profitable, reporting a net profit of ₹239.77 crores in FY25 against a loss of ₹92.77 crores in FY24. Considering its strong growth and profitability, analysts suggest that investors may consider applying for the IPO with a long-term investment perspective.
Overview of Contents
About Urban Company IPO
Urban Company Limited, started in December 2014, is one of the fastest-growing tech-based platforms that connects customers with trusted home and beauty service professionals. As of June 30, 2025, it operates in 51 cities across India, UAE, and Singapore, along with a joint venture in Saudi Arabia. The platform allows customers to book a wide range of services like cleaning, plumbing, electrical repairs, appliance servicing, beauty treatments, and massage therapy at the convenience of their homes.
Under its brand Native, Urban Company has also launched home solution products such as water purifiers and electronic door locks. To support its service professionals, the company provides training, tools, finance options, insurance, and branding help, so that they can deliver better quality services and earn more.
On average, 54,347 service professionals were active on the platform each month by June 2025, serving more than 12,000 micro-markets. The company earns money through platform services for consumers, selling products to service professionals, and sales of Native products to customers. With a trusted brand, strong technology, and focus on improving professional quality, Urban Company has built a competitive edge in the growing home services market, which was valued at USD 59.2 billion in 2024 and is expected to reach USD 97.4 billion by 2029.
Urban Company IPO Overview
| Particulars | Details |
|---|---|
| Type of Issue | Book Built IPO (Fresh + OFS) |
| Total Issue Size | 18,44,66,018 equity shares (Approx ₹1,900 Crores) |
| Fresh Equity Shares | 4,58,25,242 shares (worth about ₹472 Crores) |
| Offer for Sale (OFS) | 13,86,40,776 shares (worth about ₹1,428 Crores) |
| Face Value per Share | ₹1 each |
| Price Band | ₹98 – ₹103 per share |
| Minimum Lot Size | 145 shares |
| Investment Required (Retail) | Around ₹14,935 per application (based on upper price band) |
| Employee Reservation | Discount of ₹9 per share |
| Allocation Quota | QIB – 75% │ NII – 15% │ Retail – 10% |
| Pre-Issue Shareholding | 1,39,00,53,450 equity shares |
| Post-Issue Shareholding | 1,43,58,78,692 equity shares |
| Proposed Listing Exchanges | BSE and NSE |
Urban Company IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Urban Company IPO Lot Size
| Category | Lots | Shares | Amount (Approx) |
|---|---|---|---|
| Retail (Min) | 1 | 145 | ₹14,935 |
| Retail (Max) | 13 | 1,885 | ₹1,94,155 |
| S-HNI (Min) | 14 | 2,030 | ₹2,09,090 |
| S-HNI (Max) | 66 | 9,570 | ₹9,85,710 |
| B-HNI (Min) | 67 | 9,715 | ₹10,00,645 |
Urban Company IPO Dates
| Event | Date & Day |
|---|---|
| IPO Open Date | September 10, 2025 (Wednesday) |
| IPO Close Date | September 12, 2025 (Friday) |
| Basis of Allotment | September 15, 2025 (Monday) |
| Refunds Initiation | September 16, 2025 (Tuesday) |
| Credit to Demat Account | September 16, 2025 (Tuesday) |
| IPO Listing Date | September 17, 2025 (Wednesday) |
Urban Company IPO Promoter Holding
The promoters of Urban Company are Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan. Their collective shareholding stands at 21.09% before the IPO, and it will reduce further after the issue.
Urban Company IPO Financial Performance
| Particulars | FY 2025 (Mar 31) | FY 2024 (Mar 31) | FY 2023 (Mar 31) |
|---|---|---|---|
| Total Income | 1,260.68 | 927.99 | 726.24 |
| Profit / (Loss) After Tax | 239.77 | -92.77 | -312.48 |
| Net Worth | 1,781.28 | 1,292.64 | 1,339.46 |
| Assets | 2,200.64 | 1,638.65 | 1,631.22 |
| Reserves & Surplus | 2,646.12 | 2,404.69 | 2,402.82 |
Urban Company IPO Review
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- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- ICICIdirect –
- Choice Broking –
Objects of the Issue
- Expenditure for new technology development and cloud infrastructure
- Expenditure for lease payments for the offices
- Expenditure towards marketing activities
- General corporate purposes
Urban Company IPO Valuation – FY2025
| Key Metrics | Values |
|---|---|
| Earnings Per Share (EPS) | ₹1.66 (Basic) |
| Price-to-Earnings (P/E) | N/A |
| Return on Net Worth (RoNW) | 13.35% |
| Net Asset Value (NAV) | ₹12.46 |
| Return on Equity (ROE) | – |
| Return on Capital Employed (ROCE) | – |
| EBITDA Margin | –% |
| PAT Margin | –% |
| Debt-to-Equity Ratio | – |
Urban Company IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: urbancompany.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Kotak Mahindra Capital Co.Ltd.
- Morgan Stanley India Co.Pvt.Ltd.
- Goldman Sachs (India) Securities Pvt.Ltd.
- JM Financial Ltd.
Company Address
Urban Company Ltd.
Unit No. 8, Ground Floor,
Rectangle 1,
D-4 Saket District Centre
Delhi, New Delhi, 110017
Phone: +91 124 405 8254
Email: cs@urbancompany.com
Website: https://www.urbancompany.com/
Urban Company IPO FAQs
What is the issue size of Urban Company IPO?
The IPO size is about ₹1,900 crores, including a fresh issue of ₹472 crores and an offer for sale of ₹1,428 crores.
What is the price band of Urban Company IPO?
The price band has been fixed at ₹98 to ₹103 per share.
What is the lot size for Urban Company IPO?
Investors can bid for a minimum of 145 shares per lot, requiring an investment of ₹14,935 at the upper price band.
How is the IPO share reserved among investors?
The quota is divided as follows: QIBs – 75%, NIIs – 15%, and Retail Investors – 10%.
On which exchanges will Urban Company list its shares?
The equity shares will be listed on BSE and NSE.
Who are the promoters of Urban Company?
The company is promoted by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan.
What are the financial highlights of Urban Company?
In FY25, the company reported a revenue of ₹1,260.68 crores and a net profit of ₹239.77 crores, compared to a loss of ₹92.77 crores in FY24.
Should investors apply for Urban Company IPO?
Based on strong financial growth, profitability, and expansion in multiple markets, analysts suggest that the IPO may be suitable for long-term investors.