Urban Company limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹98 - ₹103
- Lot size
- 145 shares
- Issue amount
- ₹1,900 cr
- Total subscription
- 108.94×
- Opens
- 10 Sept 2025
- Closes
- 12 Sept 2025
- Allotment
- 16 Sept 2025
- Listing
- 17 Sept 2025
Offer at a glance
Issue overview
- Issue size
- 18,44,66,020 shares
- Face value
- ₹1 per share
- Minimum investment
- ₹14,210
- Fresh issue
- ₹472 cr
- Offer for sale
- ₹1,428 cr
- Registrar
- Link Intime India Private Ltd (MUFG)
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,935
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,39,00,53,450
- Shares after issue
- 1,43,58,78,692
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 145 | ₹14,935 |
| sHNI | 14 | 2,030 | ₹2,09,090 |
| bHNI | 67 | 9,715 | ₹10,00,645 |
Share reservation
Subscription & GMP
Subscription by category
Reported 12 Sept 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,27,051 | 41,31,089 |
| EMPLOYEES | 0 | 48,604 |
| HNIs(10L +) | 9,075 | 1,54,706 |
| HNIs (2-10L) | 4,538 | 2,59,784 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 569.25 | 83,881.66 |
| FIIs | 0 | 27,283.83 |
| FIs | 0 | 32,929.49 |
| Mutual Funds | 0 | 5,836.09 |
| Others | 0 | 17,832.25 |
| RETAIL | 189.75 | 7,827.54 |
| HNIs 2+ | 94.87 | 5,688.92 |
| HNIs 10+ | 189.75 | 16,460.91 |
| EMPLOYEES | 2.5 | 106.45 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 0.05 | 1.66 | -0.66 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 0.38 | 13.35 | -7.18 |
| PRE IPO(PE) | 0 | 59.71 | 0 |
| POST IPO(PE) | 61.68 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Urban Company, incorporated in December 2014, is a technology-driven, full-stack online marketplace that provides a wide range of home and beauty services. As of June 30, 2025, it has expanded its presence to 51 cities across India, the United Arab Emirates, and Singapore, excluding the regions covered by its joint venture in the Kingdom of Saudi Arabia. Through its platform, consumers can conveniently book services such as cleaning, plumbing, electrical work, appliance repair, beauty treatments, and massage therapy, all delivered by trained and background-verified professionals. The company has also diversified into home solutions by launching water purifiers and electronic door locks under the brand name ‘Native’. To support its service professionals, Urban Company offers training, tools, financing, insurance, and branding, thereby enhancing service quality and improving earning potential. By net transaction value, it is recognized as a leading online full-stack home and beauty services platform during the nine months ended December 2024. The Indian home services market, valued at USD 59.2 billion in 2024, is expected to grow to USD 97.4 billion by 2029, with online penetration still below 1%, reflecting significant growth opportunities. In the three months ended June 30, 2025, the platform recorded an average of 54,347 active monthly service professionals, each completing at least one service in a given month. Operating across more than 12,000 service micro-markets as of June 2025, Urban Company generates revenue through its consumer-facing platform services, the sale of products to service professionals for use during service delivery, and the sales of its Native-branded products to consumers.
Strengths
- Expanding Network Advantage – Multi-category hyperlocal model ensures mutual growth for users and service professionals.
- Reliable & Quality-Focused – Brand built on trust through training, checks, and standardized processes.
- Advanced Tech Platform – Seamless service management enabling efficient delivery, user growth, and professional support.
Risk factors
- Sustainability Challenge – Continuous losses and negative cash flows may impact long-term viability.
- User Experience Risk – Poor service quality could affect brand reputation and customer retention.
- Competitive Threat – Intense market rivalry may reduce demand and professional participation.
Promoters
Abhiraj Singh Bhal
Raghav Chandra
Varun Khaitan
Registrar & documents
Lead manager
Goldman Sachs (India) Securities Private Limited, Jm Financial Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited
Registrar & contacts
Link Intime India Private Ltd (MUFG)
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Unit No. 8, Ground Floor, Rectangle 1, D-4 Saket District Centre Delhi, New Delhi, 110017
+91 124 405 8254
[email protected]Company website ↗Understanding URBANCO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.