Safecure IPO...
28 Oct, 2025
Urban Company IPO
The Urban Company IPO is a book-built offer of around ₹1,900 crore, including a fresh issue of about ₹472 crore to fund growth plans and an offer for sale of up to ₹1,428 crore by existing shareholders as partial liquidity. The price band for the shares has been fixed at ₹98 to ₹103 per equity share with a minimum application size of 145 shares (approx ₹14,935 at the upper band). The subscription is open from Sept 10 to Sept 12, 2025, with tentative allotment on September 15 and listing on September 17 on the NSE and BSE.
Company Background
Founded in 2014 (originally starting as UrbanClap), Urban Company has long been a marketplace of professional service personnel, from beauticians to repair persons to yoga teachers and uses its tech platform to help manage services and assign jobs to them, which has helped to build a strong consumer brand in India. Innovating with its asset-light, partner-driven operational model and backed by a robust training, tooling and standardised service protocols, Urban Company has scaled rapidly across key Indian cities and in select international markets.
Operations & Product Range
Facility & Production
Urban Company follows a platform model rather than owning factories. The operations backbone includes technology infrastructure, partner onboarding/training systems and service delivery workflows across cities that power the discovery, booking, quality control and fulfillment of thousands of daily appointments. The capital from the fresh issue is expected to strengthen technology and cloud capacity, support lease rentals for operational spaces and enhance reliability and scale across cities.
Brands & Market Presence
Urban Company is the leading platform for high-quality home services across five countries, offering a range of services including home cleaning, appliance repair, plumbing, electrical work, pest control, painting, salon, grooming and beauty/wellness services at home. It has also diversified into certain home-solution products in certain categories while maintaining a strong presence across 51 cities in India and some global markets (UAE, Singapore), aiding demand aggregation as being available across categories & brands.
Revenue Channels
- The primary source of income is service transactions on the platform, generated through commissions/fees from professional services partners, as well as potentially nominal fees from consumers for select SKUs.
- Growth drivers include deeper category expansion, higher order frequency and geographical expansion, which will be supported by marketing and technology thrust from the fresh issue.
Management & Shareholding
Promoters & Shareholding
Urban Company IPO has venture backing with co-founders holding a significant minority stake of approximately 21.09% pre-IPO and has broad-based institutional players in the company. Selling shareholders in the OFS include well-known investors such as Accel India, Bessemer India, Elevation Capital and Internet Fund V, reflecting a venture-backed cap table. The OFS component of about ₹1,428 crore indicates partial monetization by existing investors, while the fresh issue raises primary capital for technology, infrastructure, marketing and general corporate purposes.
Board Members
The Urban Company IPO is supported by a seasoned board and a marquee capital-markets syndicate. Lead managers include Morgan Stanley India, Kotak Mahindra Capital, JM Financial and Goldman Sachs India. The registrar is MUFG Intime India, indicating a marquee capital markets syndicate and established process partners.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Urban Company IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Urban Company IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 10, 2025 to September 12, 2025 |
| Listing Date | - |
| Face Value | ₹1 per share |
| Issue Price Band | ₹98 to ₹103 per share |
| Lot Size | 145 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 18,44,66,018 shares (aggregating up to ₹1,900.00 Cr) |
| Fresh Issue | 4,58,25,242 shares (aggregating up to ₹472.00 Cr) |
| Offer for Sale | 13,86,40,776 shares of ₹1 (aggregating up to ₹1,428.00 Cr) |
| Employee Discount | ₹9.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,39,00,53,450 shares |
| Share Holding Post Issue | 1,43,58,78,692 shares |
Urban Company IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wed, Sep 10, 2025 |
| IPO Close Date | Fri, Sep 12, 2025 |
| Tentative Allotment | Mon, Sep 15, 2025 |
| Initiation of Refunds | Tue, Sep 16, 2025 |
| Credit of Shares to Demat | Tue, Sep 16, 2025 |
| Tue, Sep 16, 2025 | Wed, Sep 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 12, 2025 |
Urban Company IPO Lot Size
| 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 |
Urban Company IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 21.09% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- ● Powerful consumer brand within a massive, under-penetrated home-services market with service SKUs and a quality-assured partner network.
- ● Asset-light, technology-enabled model, scaled across 51 cities in India and presence in the UAE and Singapore with high-profile institutional investor backing.
- ● Strong syndicate and structured allocation (QIB 75%, NII 15%, Retail 10%) would result in healthy institutional participation during the book-build.
Urban Company IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 2,200.64 | 1,260.68 | 239.77 | 1,781.28 | - | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 1,639 | 928 | -93 | 1,293 | - | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 1,631.22 | 726.24 | -312.48 | 1,339.46 | - | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | 13.35% |
| Price to Book Value | 8.27 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.72 | 2 |
| P/E (x) | 59.71 | 62 |
Objectives of Urban Company IPO
- Use of proceeds from the fresh issue includes funding technology and cloud infrastructure, lease rentals, marketing expenditures and general corporate purposes.
- These investments aim to strengthen platform reliability, user acquisition and market expansion, supporting long-term growth.
Conclusion
Urban Company IPO will allow the company to play on the formalizing home-services ecosystem in India through a platform with a strong brand, consistent service delivery and deep city presence, using new funds to upgrade technology, infrastructure and marketing further. However, a mix of primary growth funding and partial investor exits, clear timelines and reputed intermediaries makes it appear a consumer-tech listing in sync with scale and operational discipline in a high-frequency, repeat-use category.
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Frequently asked Questions (FAQs )
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1. What are the dates for the Urban Company IPO and its listing strategy?
The bidding period is set for September 10–12, with allotment anticipated around September 15, and the listing is planned for September 17 on NSE and BSE.
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2. What is the offer structure and the size of the Urban Company IPO?
The total issue size is expected to be about ₹1,900 crore with fresh issue for growth funding and an offer for sale by existing shareholders for partial liquidity.
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3. Who are the selling shareholders in the OFS?
The offer for sale is expected to be from early and growth-stage institutional backers who invested in the company through multiple funding rounds, allowing them to partially monetize their holdings as the company goes public.
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4. What will the business do with the fresh money from the Urban Company IPO?
The net proceeds from the fresh issuance will be utilized for technology and cloud infrastructure, lease rentals for operational spaces, marketing and brand-building and for general corporate purposes to maintain scale and reliability.
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