Urban Co. IPO Details

Bookbuilding IPO | ₹1,900 Cr | Listed at BSE, NSE | Wed, Sep 10, 2025 - Fri, Sep 12, 2025

Urban Company IPO Logo

Urban Company IPO is a book build issue of ₹1,900.24 crores. The issue is a combination of fresh issue of 4.58 crore shares aggregating to ₹472.24 crores and offer for sale of 13.86 crore shares aggregating to ₹1,428.00 crores.

Urban Company IPO bidding started from Sep 10, 2025 and ended on Sep 12, 2025. The allotment for Urban Company IPO was finalized on Sep 15, 2025. The shares got listed on BSE, NSE on Sep 17, 2025.

Urban Company IPO price band is set at ₹103 per share. The lot size for an application is 145. The minimum amount of investment required by an retail is ₹14,935 (145 shares) (based on upper price). The lot size investment for sNII is 14 lots (2,030 shares), amounting to ₹2,09,090, and for bNII, it is 67 lots (9,715 shares), amounting to ₹10,00,645.

The issue includes a reservation of up to 2,65,957 shares for employees offered at a discount of ₹9.00 to the issue price.

Kotak Mahindra Capital Co.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to Urban Company IPO RHP for detailed Information.

IPO Open

Wed, Sep 10, 2025

IPO Close

Fri, Sep 12, 2025

Issue Price

₹103 per share

Market Cap (Pre-IPO)

₹14,789.55 Cr

IPO Details

IPO Date10 to 12 Sep, 2025
Listed onWed, Sep 17, 2025
Face Value1 per share
Price Band₹98 to ₹103
Issue Price₹103 per share
Lot Size145 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Employee Discount9.00

Total Issue Size18,44,89,255 shares
(agg. up to ₹1,900 Cr)
Fresh Issue 4,58,48,481 shares
(agg. up to ₹472 Cr)
Offer for Sale13,86,40,774 shares of ₹1
(agg. up to ₹1,428 Cr)
Share Holding Pre Issue1,39,00,53,450 shares
Share Holding Post Issue1,43,59,01,931 shares
BSE Script Code / NSE Symbol544515 / URBANCO
ISININE0CAZ01013

IPO Timetable

IPO Reservation

Urban Company IPO offers total 18,44,89,255 shares. Out of which 13,81,67,475 (74.89%) allocated to QIB, 5,52,66,990 (29.96%) allocated to QIB (Ex- Anchor), 2,76,33,494 (14.98%) allocated to NII 1,84,22,329 (9.99%) allocated to RII and 8,29,00,485 (44.94%) allocated to Anchor investors.

Investor Category Shares Offered Max Allottees
QIB Shares Offered 13,81,67,475 (74.89%)NA
  − Anchor Investor Shares Offered 8,29,00,485 (44.94%)NA
  − QIB (Ex. Anchor) Shares Offered 5,52,66,990 (29.96%)NA
NII (HNI) Shares Offered 2,76,33,494 (14.98%)NA
  − bNII > ₹10L 1,84,22,329 (9.99%)9,075
  − sNII < ₹10L 92,11,165 (4.99%)4,537
Retail Shares Offered 1,84,22,329 (9.99%)1,27,050
Employee Shares Offered 2,65,957 (0.14%)NA
Total Shares Offered18,44,89,255 (100.00%)

IPO Lot Size

Investors can bid for a minimum of 145 shares and in multiples thereof. 

Application Lots Shares Amount
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
IPO Subscription Details

IPO Anchor Investors

Urban Company IPO raises ₹853.87 crore from anchor investors. Urban Company IPO Anchor bid date is September 9, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateTue, Sep 9, 2025
Shares Offered8,29,00,485
Anchor Portion (₹ Cr.)853.87
Anchor lock-in period end date for 50% shares (30 Days)Thu, Oct 16, 2025
Anchor lock-in period end date for remaining shares (90 Days)Sun, Dec 14, 2025

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Up to Rs 5 Lakhs Yes
Employee + RII/NII
  • Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Urban Co.Ltd.

Incorporated in December 2014, Urban Company is a technology-driven, full-stack online marketplace offering home and beauty services.

The company has presence across 51 cities across India, United Arab Emirates and Singapore, excluding cities served by the company's Kingdom of Saudi Arabia joint venture, as of June 30, 2025.

The company's platform enables consumers to book services such as cleaning, plumbing, electrical work, appliance repair, beauty treatments, and massage therapy, delivered by trained, background-verified professionals.

The company has also ventured into home solutions with the launch of water purifiers and electronic door locks under its brand ‘Native’. It supports service professionals with training, tools, financing, insurance, and branding, helping improve service quality and earning potential.

Urban Company is an online full-stack home and beauty services platform by net transaction value in the nine months ended December 2024. The Indian home services market, valued at USD 59.2 billion in 2024, is projected to reach USD 97.4 billion by 2029, despite online penetration remaining below 1%, indicating strong growth potential.

In three months ended June 30, 2025, the company had 54,347 average monthly active service professionals on our platform, i.e., a service professional who has delivered at least one service during a given month.

When aggregated across the platform, the company operate in over 12,000 service micro-markets as at June 30, 2025.

The company earns revenue through

  • Platform services for consumers;
  • Sales of products to service professionals for use during service delivery; and
  • Sales of the Native products to consumers.
Competitive Strength:
  • The multi-category, hyperlocal, home services marketplace benefits from network effects.
  • Established brand trusted by consumers.
  • Improved quality of service professionals through in-house training and access to tools and consumables.
  • Robust technology platform powering service fulfilment, consumer growth and service professional empowerment.

Company Financials (Restated Consolidated)

Urban Co.Ltd.'s revenue increased by 36% and profit after tax (PAT) rose by 358% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets2,200.641,638.651,631.22
Total Income1,260.68927.99726.24
Profit After Tax239.77-92.77-312.48
NET Worth1,781.281,292.641,339.46
Reserves and Surplus2,646.122,404.692,402.82
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Expenditure for new technology development and cloud infrastructure 190.00
2 Expenditure for lease payments for the offices 75.00
3 Expenditure towards marketing activities 90.00
4 General corporate purposes 90.09

Key Performance Indicator (KPI)

KPIMar 31, 2025
RoNW13.35%
Price to Book Value8.27
Pre IPOPost IPO
EPS (₹)1.721.67
P/E (x)59.7161.68
Promoter Holding59.88%20.43%
Market Cap14,789.55 Cr.
The promoters of the company are Abhiraj Singh Bhal, Raghav Chandra and Varun Khaitan.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
UCL is the only organized player in the segment of technology driven online services market place. It enjoys most preferred service provider in 51 cities across India, UAE, and Singapore. The company posted growth in its top lines and has turned the corner from FY24. Based on its recent financial data, the IPO appears aggressively priced. Well-informed/cash surplus/risk seekers may park funds for long term.
Read detail review...

Urban Company IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers7120
Members2214

Urban Company IPO Subscription Status (Bidding Detail)

The Urban Company IPO is subscribed 108.98 times on September 12, 2025 5:04:43 PM (Day 3). The public issue subscribed 41.49 times in the retail category, 147.35 times in the QIB category, and 77.82 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (times) Shares Offered Shares bid for
QIB (Ex Anchor)147.355,52,66,9918,14,38,50,760
NII77.822,76,33,4952,15,03,64,355
    bNII (bids above ₹10L)86.751,84,22,3301,59,81,46,790
    sNII (bids below ₹10L)59.9592,11,16555,22,17,565
Retail41.491,84,22,33076,43,21,390
Employee42.552,42,7181,03,27,625
Total108.9810,15,65,53411,06,88,64,130

Total Application : 44,92,426

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 BRLMs fees and commissions (including underwriting commission, brokerage and selling commission) 64.07
2 Fees payable to the Registrar to the Offer 0.67
3 Selling commission/processing fee for SCSBs and Bankers to the Offer, fee payable to the Sponsor Bank for Bids made by RIIs using UPI, brokerage and selling commission and bidding charges for the Members of the Syndicate, Registered Brokers, RTAs and CDPs 2.18
4 Advertising and marketing expenses 8.57
5 Other expenses
6 Listing fees, SEBI filing fees, BSE and NSE processing fees, book building software fees 7.06
7 Other regulatory expenses 2.94
8 Printing and stationery expenses 1.23
9 Fees payable to the legal counsel 11.24
10 Fees payable to other advisors to the Offer, including but not limited to Statutory Auditors, independent chartered accountant, practising company secretary, industry expert 9.49
11 Miscellaneous 0.74

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price103.00103.00
Open161.00162.25
Low161.00161.37
High179.00179.00
Last Trade167.05166.83

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Urban Co.Ltd. Address
Unit No. 8, Ground Floor,
Rectangle 1,
D-4 Saket District Centre
Delhi, New Delhi, 110017
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IPO FAQs

Urban Company IPO is a main-board IPO of 18,44,89,255 equity shares of the face value of ₹1 aggregating up to ₹1,900 Crores. The issue is priced at ₹103 per share. The minimum order quantity is 145.

The IPO opens on Wed, Sep 10, 2025, and closes on Fri, Sep 12, 2025.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Urban Company IPO using UPI as a payment gateway. Zerodha customers can apply in Urban Company IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Urban Company IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Urban Company IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Urban Company IPO opens on Wed, Sep 10, 2025 and closes on Fri, Sep 12, 2025.

Urban Company IPO lot size is 145, and the minimum amount required for application is ₹14,935.

You can apply in Urban Company IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Urban Company IPO will be done on Monday, September 15, 2025, and the allotted shares will be credited to your demat account by Tue, Sep 16, 2025. Check the Urban Company IPO allotment status.

The Urban Company IPO listing date is on Wed, Sep 17, 2025.

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