Urban Company is into Consumer Household Services sector and is looking raise funds through Fresh Issue and Offer For Sale
IPO Summary
Urban Company IPO is a public offering of shares by Abhiraj Singh Bhal, Raghav Chandra and Varun Khaitan. The IPO will open on September 10 and will close on September 12. The price band is ₹98 to ₹103 per share and the lot size is 145 shares. The issue size is ₹1,900. crore. The shares are expected to be listed on NSE, BSE on September 17 (^). Some additional information that you may find useful are: Revenue igrew 38% YoY to ₹1,144 crore in FY25. Reported Adjusted EBITDA of ₹12 crore in FY25 (v/s negative adjusted EBITDA of ₹119 crore in FY24). Reported net profit of ₹240 crore in FY25, (v/s loss of ₹93 crore in FY24 and a loss of ₹312 crore in FY23.: (**) - based on higher price band (^) indicative datePromoters of the company are Abhiraj Singh Bhal, Raghav Chandra and Varun Khaitan Currently promoters hold 21.1% stake in the company. While post-equity promoters stake will be 20.43%
- Company aims to raise between Rs 1,900 to 1,900 crs through this IPO.
- The net proceeds of the issue will be utilized to 1) Expenditure for new technology Rs190 crores 2) Expenditure on lease payments of offices Rs75 crores 3) Marketing spends Rs90 crores and 4) Other corporate purpose
- Anchor bidding is expected to commence one day prior to the IPO dates. Tentative anchor bidding date would be 09-Sep-25.
- Price band for the IPO has been fixed at Rs 98 to 103 per share and bid lot are in multiple of 145 shares. The implied market cap post-issue at Rs 14,095 to 14,790 crs.
- As per the tentative schedule, allotment date of this IPO is most likely on September 13 and share are expected to be listed on NSE, BSE on September 17.
- Tthere are no listed companies in India or globally which operates in a similar business model which can be used for KPI comparison with Industry peers.
- Kotak Mahindra Capital, Morgan Stanley India, Goldman Sachs (India), JM Financial has been appointed as Merchant Banker to the issue. MUFG Intime India Pvt. Ltd. has been appointed as official registrar of the issue.
- Company has not undertaken Pre-IPO placement.
Key Pointers of Urban Company IPO:
| Urban Company Limited IPO Snapshot | UdhyamPitch on X | |||
|---|---|---|---|
| Established | City | Sector | Sub-Sector |
| 2014 | Gurugram | Consumer | Household Services |
| Issue | Issue Type | Tentative Listing Date | Listing at |
| IPO (Fresh+OFS) | Book Building | 17-Sep-25 | NSE, BSE |
| IPO Dates | Price Band (Rs/sh) | Face Value (Rs/sh) | Min Lot Qty |
| 10-Sep-25 to 12-Sep-25 | ₹ 98 to 103 per sh | ₹ 1 per sh | 145 sh and in multiples |
| Retail App (min) | Retail App (max) | Non-Retail (Rs2-10L App) | Non-Retail (>Rs10L min App) |
| 145 shares ₹ 14,935 | 1,885 shares up to ₹ 194,155 | 2,030 to 9,570 shares ₹ 209,090 to 985,710 | 9,715 shares and above ₹ 1,000,645 and above |
There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
About Urban Company Limited
Established in 2014, by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan. It operates as a technology-driven, full-stack online marketplace for home and beauty services. Company also sells water purifiers, smart locks under its own brand 'Native'. Company is present in 59 cities across four countries, namely, India, United Arab Emirates (“UAE”), Singapore, and Kingdom of Saudi Arabia (“KSA”), (48 of which are in India, as at December 31, 2024).
Revenue igrew 38% YoY to ₹1,144 crore in FY25. Reported Adjusted EBITDA of ₹12 crore in FY25 (v/s negative adjusted EBITDA of ₹119 crore in FY24). Reported net profit of ₹240 crore in FY25, (v/s loss of ₹93 crore in FY24 and a loss of ₹312 crore in FY23.
About Industry
The home services market in India is anevolving sector aimed at enhancing the convenience and quality of life for households. This market includes both traditional and modern service offerings, ranging from basic household chores to specialized professional services. The market has traditionally been dominated by unorganized local vendors and suffers from inconsistencies in availability, pricing, quality, and post-service support, leading to varying levels of customer satisfaction. This presents an opportunity for technology-driven platforms to standardize services, improve matching of demand and supply, and provide better earnings and benefits for service professionals by offering a more transparent and efficient alternative to traditional channels (Source: Redseer Report)
| Urban Company Limited IPO Dates | UdhyamPitch on X | |
|---|---|
| Anchor Open | 09-Sep-25 |
| IPO Open | 10-Sep-25 |
| IPO Close | 12-Sep-25 |
| Allotment | 13-Sep-25 |
| Credit of Shares | 16-Sep-25 |
| Refund | 16-Sep-25 |
| Listing | 17-Sep-25 |
| Anchor Investor Lockin (50% of Anchor book investment) | |
| Anchor Investor Lockin (Balance 50% of Anchor book investment) | |
Kindly note UPI Mandate deadline is 5:00 pm IST on closing date. To avoid last minute issue, request you to approve UPI mandate before 4:00 pm IST on last day. In case, UPI mandate has not been approved during the prescribed time period, applications are liable to get rejected.
There are highly chances of variation in dates. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
| Urban Company Limited IPO - Management Details: | |
|---|---|
| Abhiraj Singh Bhal, Chairperson, Managing Director and CEO | |
| Abhay Krishna Mathur, CFO | |
| Sonali Singh, Company Secretary and Compliance Officer | |
| Raghav Chandra, CTO | |
Visit DRHP / RHP for more details on Board of Directors and Management details.
| Urban Company Limited IPO - Details of Offer/Issue Breakup | UdhyamPitch on X | |||||
|---|---|---|---|---|---|
| Category | Quota (%) | No of Shares-Lower | No of Shares-Upper | Value (Rs Cr)-Lower | Value (Rs Cr)-Upper |
| QIB (Incl Anchor) | 75 | NA | 138,167,477 | NA | 1,423.13 |
| Non-Retail (NII) | 15 | NA | 27,633,495 | NA | 284.62 |
| Non-Retail (NII): >Rs10L | NA | 18,422,330 | NA | 189.75 | |
| Non-Retail (NII): Rs2L-Rs10L | NA | 9,211,165 | NA | 94.87 | |
| Retail | 10 | NA | 18,422,330 | NA | 189.75 |
| Employee | NA | 242,718 | 2.5 | 2.5 | |
| Shareholder | NA | . | . | ||
| NA=Not Available or Not Calculated | Upper= Upper Price Band | Lower=Lower Price Band | |||||
There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
Check IPO Allotment status of Urban CompanyIPO:
| Urban Company Limited - Anchor Lockin Dates and Details | |
|---|---|
| Anchor Investor Lockin (50% of Investment for 30 days) release of | |
| Anchor Investor Lockin (Balance Investment for 90 days) release of | |
Above information is automatically calculated based on estimations. Chances of errors/changes could be possible due to holidays and/or other conditions. Users are requested to Visit BSE, NSE, SEBI for more information or contact the Company/Merchant Banker/RTA for more information.
| Urban Company Limited - Documents | |
|---|---|
Disclaimer:
Above article only publishes details on the companies and about forthcoming / upcoming IPO' and are solely intended for educational purpose. We don't solicit or invite any interest of user to invest in any of the investment products. Please review DRHP/RHP/Prospectus for more details about the company, fundamentals and other details. Please visit respective sources to verify and know more details about the IPO. SME IPOs can be more volatile due to smaller market capitalization and liquidity. Prices may fluctuate significantly in response to market conditions. We advise users and/or investors to take opinion from certified and SEBI registered experts before taking any investment decisions.
| Source: SEBI, BSE, NSE |
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