Urban Company limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹54(52.43%)
Premium (ELP)
Urban Company limited's successfully completed its Initial Public Offering and commenced trading on Sep 17, 2025 at the NSE, BSE exchange. The company raised 18,44,66,020 Shares through this public offering, comprising 4,58,25,243 Shares in fresh capital and ₹1428.00 Cr through the Offer for Sale mechanism.
The IPO was priced within the band of ₹98 to ₹103, with minimum application lots of 145 shares. The offering attracted significant investor interest during its subscription period from Sep 10, 2025 to Sep 12, 2025.
Share allotment was finalized on Sep 16, 2025, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- 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.
- 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.
- Abhiraj Singh Bhal
- Raghav Chandra
- Varun Khaitan
Urban Company limited
Link Intime India Private Ltd (MUFG)