Urban Company IPO - AstroIPO

Urban Company IPO


September 17, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Urban Company Ltd. is set to make a substantial impact with its professional services sector debut. The Urban Company IPO, opening from September 10th to September 12th, 2025, represents a massive ₹1,900 crore public offering comprising 18,44,66,018 shares priced between ₹98 – ₹103 per share.

Retail participants can enter with a minimum application of 145 shares, requiring ₹14,935 at the cut-off price. The Urban Company IPO shares, with ₹1 face value, will trade on both BSE and NSE exchanges, bringing this professional services giant to dual-platform listing through one of the year’s largest offerings.

Urban Company IPO Details

The key details of Urban Company’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹1,900.00 Cr
Price Range ₹98 - ₹103
Retail Quota 10%
QIB Quota 75%
NII Quota 15%
Employee Discount ₹9
Listing at NSE and BSE
Minimum Quantity 145
Investment (cut-off price) ₹14,935
Pre IPO Promotor Holding 21.09%
Post IPO Promotor Holding 20.4%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Urban Company IPO Timelines

The IPO process for Urban Company includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

10/09/2025
Start Date
12/09/2025
End Date
15/09/2025
Allotment Date View Status
16/09/2025
Refund Initiation
16/09/2025
Credit of Shares to Demat Ac
17/09/2025
Listing Date

Urban Company IPO Lot Size

The Urban Company IPO has a fixed lot size of 145 shares, at an upper price band of ₹103 per share. For retail investors, the minimum application is 145 shares (1 lot) amounting to ₹14,935, while the maximum is 1,885 shares (13 lots) worth ₹1,94,155. For Small HNI (S-HNI) investors, the minimum application is 2,030 shares (14 lots) worth ₹2,09,090, while the maximum is 9,570 shares (66 lots) amounting to ₹9,85,710. Big HNI (B-HNI) investors need to apply for at least 9,715 shares (67 lots), totaling ₹10,00,645.

Application Lot Size Shares Amount
Retail Minimum 1 145 ₹14,935
Retail Maximum 13 1885 ₹1,94,155
S-HNI Minimum 14 2030 ₹2,09,090
S-HNI Maximum 66 9570 ₹9,85,710
B-HNI Minimum 67 9715 ₹10,00,645

Urban Company IPO Subscription Status

The subscription status for Urban Company IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
147.35x 77.82x 41.49x 42.55x 108.98x

IPO Performance on Listing Day

On the listing day (September 17, 2025), Urban Company made an exceptional debut on the stock exchange. The stock opened at ₹162.25, commanding a remarkable premium of 57.5% over its issue price of ₹103. The home services platform continued its stellar performance, reaching an impressive day high of ₹179.00, showcasing extraordinary investor enthusiasm for the digital services sector. Despite some profit-booking that brought the stock down to a low of ₹161.37, the shares concluded their first trading day at ₹166.83, delivering an outstanding gain of 62% over the issue price, reflecting exceptional market confidence in this on-demand services provider and strong appetite for technology-enabled service platforms.

Opening Price Closing Price Day High Day Low
₹162.25 ₹166.83 ₹179.00 ₹161.37

Urban Company IPO Company Financials

Urban Company reports robust performance in FY2025 with Total Income of ₹1,260.68 crores, managing expenses at ₹1,223.48 crores, and achieving a strong PAT (Profit After Tax) of ₹239.77 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2023 ₹726.24 ₹1,038.68 -₹312.48
FY 2024 ₹927.99 ₹1,020.72 -₹92.77
FY 2025 ₹1,260.68 ₹1,223.48 ₹239.77

About Company

Urban Company, incorporated in December 2014, is a technology-driven, full-stack online marketplace that offers a wide range of home and beauty services. As of June 30, 2025, the company operates in 51 cities across India, the United Arab Emirates, and Singapore, excluding areas served through its joint venture in Saudi Arabia. Its platform allows consumers to book services such as cleaning, plumbing, electrical repairs, appliance maintenance, beauty treatments, and massage therapy, all provided by trained and background-verified professionals. Expanding beyond services, Urban Company has introduced home solution products under its brand Native, including water purifiers and electronic door locks. It also supports its service professionals with training, tools, financing, insurance, and branding to enhance service quality and boost earnings.

As of June 2025, the company had an average of 54,347 monthly active service professionals who delivered at least one service per month, operating across more than 12,000 service micro-markets. Urban Company earns revenue from three main sources: platform services for consumers, product sales to service professionals for use during service delivery, and sales of Native-branded products to consumers. It was the leading full-stack home and beauty services platform in India by net transaction value in the nine months ending December 2024. With the Indian home services market valued at 59.2 billion US dollars in 2024 and projected to grow to 97.4 billion US dollars by 2029, the company stands to benefit significantly from increasing demand, especially as online service penetration remains below one percent.

Incorporation Date Sector Managing Director
2014 Professional Services Abhiraj Singh Bhal

Know Before Investing

When evaluating Urban Company's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

Urban Company IPO Strengths

  • The company achieved a total income of over ₹1260 crore in FY25, growing more than 35% from the previous year, reflecting strong business expansion.
  • As India’s largest tech-enabled marketplace for home and beauty services, Urban Company enjoys high brand trust and market presence.
  • Operating in over 50 cities across India and international markets like UAE and Singapore, the company benefits from diverse market exposure.
  • It offers a broad range of services spanning cleaning, plumbing, electrical, beauty, wellness, and appliance repair, catering to varied customer needs.
  • Approximately 77% of revenue comes from repeat customers, indicating strong customer loyalty and satisfaction.
  • The company’s technology infrastructure supports efficient service provider discovery, booking, and customer engagement.

Urban Company IPO Risks

  • The company has experienced net losses and negative operating cash flows in previous years, posing uncertainty about sustained profitability going forward.
  • Maintaining and expanding the customer base requires significant marketing spend, which may pressure margins and profitability.
  • The business relies heavily on a large network of gig workers, making talent attraction, retention, and quality control challenging.
  • The market consists of numerous online and offline service providers, limiting pricing power and potentially affecting market share.
  • Given the nature of home services, customer loyalty can be low, leading to inconsistent repeat business and demand volatility.
  • International operations in markets like UAE and Saudi Arabia have incurred losses and face regulatory, labor law, and competition challenges.

Swot Analysis for Urban Company IPO

Understanding Urban Company's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Strong Network Effects, Customer Trust and Safety, Technology-Driven Operations

Weaknesses

High Dependence on Urban and Tier-1 Cities, Revenue Concentration on Commissions, Low Customer Switching Costs

Opportunities

Expansion into Tier-2 and Tier-3 Cities, International Growth, Sustainability and Green Services

Threats

Intense Competitive Pressure, Regulatory Changes, Customer Experience Risks

Company Details

Urban Co. Ltd.

Unit No. 8, Ground Floor, Rectangle 1, D-4 Saket District Centre, New Delhi 110017, Delhi, India

Phone: +91 124 405 8254

Email: cs@urbancompany.com

Website: https://www.urbancompany.com/

IPO Registar Details

MUFG Intime India Pvt. Ltd.

Phone: +91-22-4918 6270

Email: urbancompany.ipo@in.mpms.mufg.com

Website: https://linkintime.co.in/Initial_Offer/public-issues.html

FAQs

The key objectives of Urban Company IPO are:

  • Expenditure for new technology development and cloud infrastructure
  • Expenditure for lease payments for the offices
  • Expenditure towards marketing activities
  • General corporate purposes

Kotak Mahindra Capital Co. Ltd., Morgan Stanley India Co. Pvt. Ltd., Goldman Sachs (India) Securities Pvt. Ltd., JM Financial Ltd. are the book-running lead managers for the Urban Company IPO.

Urban Company shows strong growth potential with revenue reaching ₹1,260.68 crore in FY25 alongside a net profit of ₹239.77 crore compared to a loss in FY24. With NTV and revenue growing at 25.5% and 34.1% CAGR, technology investments and market expansion support long term scalability.

The issue price for the Urban Company IPO is set between ₹98 to ₹103 per share.

To invest in one lot of Urban Company IPO, you need ₹14,210 at the lower price band (₹98 per share) or ₹14,935 at the upper price band (₹103 per share) for a lot size of 145 shares.

Urban Company IPO shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on September 17, 2025.

Refund/unblocking of funds for Urban Company IPO will begin on September 16, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your Urban Company IPO shares on listing day (September 17, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

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