Urban Company Ltd. is launching its IPO to raise funds for technology, marketing, office expansion, and general corporate purposes. The IPO opens on September 10, 2025 and closes on September 12, 2025. Shares are planned to be listed on BSE and NSE.
Key IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | September 10, 2025 |
| IPO Close Date | September 12, 2025 |
| Listing Date | September 17, 2025 |
| Face Value | ₹1 per equity share |
| Price Band | ₹98 to ₹103 per share |
| Issue Size | Approx. ₹1,900 Crores |
| Fresh Issue | Approx. ₹472 Crores |
| Offer for Sale | Approx. 13,86,40,776 Equity Shares |
| Lot Size | 145 Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE & NSE |
| Retail Quota | Up to 10% |
| QIB Quota | Up to 75% |
| NII (HNI) Quota | Up to 15% |
Market Lot Information
| Category | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 1 | 145 | 14,935 |
| Retail Maximum | 13 | 1,885 | 1,94,155 |
| S-HNI Minimum | 14 | 2,030 | 2,09,090 |
| B-HNI Minimum | 67 | 9,715 | 10,00,645 |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening | September 10, 2025 |
| IPO Closing | September 12, 2025 |
| Basis of Allotment | September 15, 2025 |
| Refund Initiation | September 16, 2025 |
| Demat Credit | September 16, 2025 |
| Listing Date | September 17, 2025 |
Promoters
- Abhiraj Singh Bhal
- Raghav Chandra
- Varun Khaitan
About the Company
Urban Company, founded in December 2014, is a leading tech-enabled marketplace for home and beauty services. As of June 2025, the company operates in 51 cities across India, the UAE, and Singapore, with a joint venture in Saudi Arabia. Urban Company offers cleaning, plumbing, electrical, appliance repair, beauty, and massage services, and supports professionals with training, tools, financing, and branding. The company had an average of 54,347 active service professionals monthly.
Financial Performance
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | 726.24 | 1,038.68 | 312.48 | 1,631.22 |
| 2024 | 927.99 | 1,020.72 | 92.77 | 1,638.65 |
| 2025 | 1,260.68 | 1,223.48 | 239.77 | 2,200.64 |
Key Financial Ratios (FY2025)
| KPI | Value |
|---|---|
| EPS (Basic) | ₹1.66 |
| RoNW | 13.35% |
| NAV | ₹12.46 |
| P/E Ratio | N/A |
| ROE | – |
| ROCE | – |
| EBITDA Margin | – |
| PAT Margin | – |
| Debt to Equity Ratio | – |
Peer Group Comparison
No listed companies available for direct comparison.
Purpose of the IPO
- Expenditure for new technology development and cloud infrastructure
- Expenditure for lease payments for offices
- Expenditure towards marketing activities
- General corporate purposes
Registrar & Contact Details
Registrar:
MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270
Email: urbancompany.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com
Lead Managers:
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/
Reviews
Valuations look reasonable and the price band is attractive. Despite strong revenue, profitability remains a key risk. Investors should apply with a neutral view. Urban Company is backed by top investors like Accel, Bessemer Venture Partners, Tiger Global, and Elevation Capital. Around 90% of revenues come from India, mainly metros and tier-1 cities. International growth is still very small. Major part of the IPO is offer for sale; only ₹472 crore is fresh issue. Sector shows growth but remains uncertain.