Urban Company Ltd. logo

Urban Company was incorporated on December 22, 2014. The company offers a tech-enabled platform for home and beauty services, delivered by trained professionals. Services include cleaning, repairs, grooming, and more, booked at customer convenience

Bidding Dates
10 Sep 2025 - 12 Sep 2025
Subscription
103.63x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹14,210113145184.5 M₹98 - ₹10320.43 %₹18,077.7 M - ₹19,000.0 MRHP DOC

Urban Company IPO SUBSCRIPTION STATUS

12 Sep '25
Total103.63x
Retail Individual Investor39.25x
HNI (NII) Investors74.04x
Qualified Institutional Buyers140.2x
Employees36.79x

Urban Company IPO overall subscription rate was 103.63 times the total available shares

Urban Company IPO retail subscription rate was 39.25 times in the retail segment

Urban Company IPO non-institutional investor subscription rate was 74.04 times in the non-institutional investor category

Urban Company IPO Qualified Institutional Bidder subscription rate was 140.2 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional BuyersEmployees
Category Reservation10%15%75%-
12 Sep 2025
(Day 3)
39.25x74.04x140.2x36.79x
11 Sep 2025
(Day 2)
17.68x18.22x1.48x13.45x
10 Sep 2025
(Day 1)
7x4.16x1.31x5.79x

Urban Company FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
Q1FY26 367.3 6.9 21.9 17.1 5.7%
Q1FY25 280.9 12.6 10.0 7.9 1.7%
FY25 1,144.5 239.8 54.6 43.6 1.1%
FY24 828.0 -92.8 -85.6 -943.0 -14.4%
FY23 636.6 -312.5 -237.8 -2,527.9 -46.8%

Urban Company IPO SUBSCRIPTION STATUS DETAILS

Urban Company had 184.5 M shares on offer

Urban Company IPO offer price was in the range ₹98 - ₹103

Urban Company IPO minimum Investment was ₹14210

Urban Company IPO issue size was ₹ 18,077.7 M - ₹ 19,000.0 M

Urban Company had a minimum lot size of 145 Shares per application

Urban Company NUMBER OF SHARES ON OFFER

Total184.5 M
Fresh Issue45.8 M
Offer for Sale138.6 M
Post Issue Promoter Holding %20.43 %

Urban Company IPO IMPORTANT DATES

Issue Open Date10 Sep 2025
Issue close Date12 Sep 2025
Allotment Date15 Sep 2025
Refund Date16 Sep 2025
Demat Account Credit Date16 Sep 2025
Listing Date17 Sep 2025
Listing on Exchange(s)NSE and BSE
Urban Company Allotment StatusExchange/ Registrar

Urban Company IPO subscription opened on 10 Sep 2025, and closed on 12 Sep 2025

IPO allotment for Urban Company was finalized on Monday, 15 Sep 2025

IPO listing for Urban Company was on NSE and BSE on Wednesday, 17 Sep 2025

Urban Company IPO LISTING GAINS

Issue Price (adjusted)103.0
Listing Open Price162.3
Listing Close Price166.8
Listing Gain%57.5%
Current Gain%63.9%

Urban Company Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Urban Company Ltd.168.824240.5-570.213.9-11-8.71692.234.2-234.8-197.9-3-358.8
WeWork India Management Ltd.694.89656.298.30.43.52512490.42374.4-41.67.1280.1
Rentomojo Ltd.611.76368.735.316.3394.144.9104.3142
Smartworks Coworking Spaces Ltd.511.25847.7103.20.42.720.21849.931.210.5116.75278.9
Indiqube Spaces Ltd.187.23969.4-57.1-1.52.4-20.6-1.61527.538.5-106.323.8-3.337.8
Awfis Space Solutions Ltd291.62086.620.90.21.312.82.41586.125.870.94.413.990.3

Urban Company IPO Reports

IPO SubscribePDF

Deven Choksey

09 Sept 2025
IPO NotePDF

ICICI Direct

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Ventura

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AUM Capital

09 Sept 2025
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Hem Securities

08 Sept 2025
IPO SubscribePDF

SBI Securities

04 Sept 2025

Urban Company INFORMATION ON IPO ISSUE

About Urban Company

Urban Company was incorporated on December 22, 2014. The company offers a tech-enabled platform for home and beauty services, delivered by trained professionals. Services include cleaning, repairs, grooming, and more, booked at customer convenience

Object of the Issue

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

Urban Company - PROMOTERS

Name
Abhiraj Singh Bhal
Raghav Chandra
Varun Khaitan

Urban Company - MANAGEMENT & LEADERSHIP

NameDesignation
Abhiraj Singh BhalChairperson, Managing Director & Chief Executive Officer
Raghav ChandraExecutive Director & Chief Technology & Product Officer
Varun KhaitanExecutive Director & Chief Operating Officer
Vamsi Krishna DuvvuriNon-Executive Nominee Director
Ashish GuptaIndependent Director
Ireena VittalIndependent Director
Rajesh GopinathanIndependent Director
Shyamal MukherjeeIndependent Director

Urban Company Book Running Lead Manager

Kotak Mahindra Capital Company Limited

urbancompany.ipo@kotak.com

Morgan Stanley India Company Private Limited

urbancompanyipo@morganstanley.com

Goldman Sachs (India) Securities Private Limited

urbancompanyipo@gs.com

JM Financial Limited

urbanco.ipo@jmfl.com

Urban Company Registrar to the Offer

MUFG Intime India Private Limited

urbancompany.ipo@in.mpms.mufg.com

Urban Company Strengths

Hyperlocal model

The company operates on a hyperlocal model, dividing cities into micro markets (3–5 km radius) based on service type and demand density. This ensures quicker service and optimised travel for professionals

Strength

In-house training

The company conducts in-house training to upskill service professionals, ensuring they meet service standards and follow SOPs. Training covers tool usage, service delivery, and platform familiarity

Strength

Technology driven

The company uses an integrated tech-driven approach across operations, applying insights consistently to ensure scalability, quality control, and faster service rollouts across categories and regions

Strength

Urban Company Risks

Competition

The company operates in a highly competitive, fragmented market with changing consumer preferences, facing competition from offline and online service providers, and must attract both users and service professionals to grow

Risk

Customer retention

The company’s success relies on growing and retaining its network of service professionals, driven by platform offerings, earnings potential, training quality, and overall satisfaction

Risk

Risk of disintermediation

Consumers and service professionals may bypass the company’s platform to avoid service fees, despite lower service assurance and support. This can reduce platform transactions as professionals leverage the platform to build clientele and then operate independently

Risk

IPO FAQs

  • This IPO consists of an offer for sale of up to Rs 1,428.0 crore, of 138,640,776 shares. It also consists of a fresh issue of Rs 472.0 crore.
  • The promoters of the company are Abhiraj Singh Bhal, Raghav Chandra and Varun Khaitan.
  • The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
  • The price band of the IPO is Rs 98.0 - 103.0.
  • The IPO application opens on Sep 10, 2025 and closes on Sep 12, 2025.
  • The minimum lot size for the IPO is 145. The maximum lot size for the IPO is 1885.
  • For all category investors, the minimum application amount for this IPO is Rs. 14,210.0, the maximum value for this IPO is Rs 194,155.0.
  • This IPO will be allotted on Sep 15, 2025.
  • The refund will be credited to your account on Sep 16, 2025.
  • The allotted shares will be credited to your demat on Sep 16, 2025.
  • Urban Company Ltd.’s shares listed on the stock exchanges on Sep 17, 2025.