Urban Company Limited is a technology-driven online services marketplace offering a wide array of home and beauty services. The company enables consumers to easily access services such as cleaning, pest control, plumbing, carpentry, appliance servicing, painting, skincare, hair grooming, and massage therapy. Services are delivered by trained and independent professionals at the convenience of customers, ensuring quality, reliability, and efficiency.

Urban Company has announced its Initial Public Offering (IPO) under the BSE and NSE platforms, amounting to ₹1,900 crore. The IPO consists of a fresh issue of 4.58 crore shares worth ₹472 crore and an offer for sale of 13.86 crore shares totaling ₹1,428 crore. The subscription period opens on September 10, 2025, and closes on September 12, 2025. The allotment of shares is expected on September 15, 2025, and the tentative listing date is set for September 17, 2025.

IPO Structure and Pricing

The IPO is a Book Built Issue with a share price band of ₹98 to ₹103 per equity share. At the upper end of the price band, the market capitalisation of Urban Company will be ₹14,789.55 crore. The lot size for retail investors is 145 shares, requiring a minimum investment of ₹14,935, while high-net-worth individuals must subscribe to a minimum of 14 lots (2,030 shares) amounting to ₹2,09,090.

The book running lead managers for the IPO are Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Private Limited, and JM Financial Limited. The registrar for the issue is MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited.

Grey Market Premium (GMP)

The Grey Market Premium (GMP) of Urban Company IPO is currently ₹17, reflecting market expectations based on company performance. Investors should note that GMP is not an official listing price and depends on unorganised demand and supply, which is speculative in nature. It is provided for informational and educational purposes only.

Live Subscription Status

The IPO opens on September 10, 2025, allowing investors to apply online. Real-time subscription status can be tracked on the BSE and NSE portals, helping investors monitor demand during the subscription period and make informed decisions.

IPO Allotment Process

The allotment date is scheduled for September 15, 2025, and will be available on the registrar’s website. Investors can check their allotment using PAN, application number, or DP Client ID. This ensures a transparent and efficient allotment process before the shares are listed on the stock exchanges.

Objectives of the IPO

The net proceeds from the IPO will be used for:

1. Technology development and cloud infrastructure: ₹1,900 million.

2. Lease payments for offices: ₹750 million.

3. Marketing and promotional activities: ₹900 million.

4. General corporate purposes to support growth initiatives.

These objectives will allow Urban Company to enhance its technology, scale operations, expand service offerings, and strengthen market presence in the growing home and beauty services industry.

Industry Overview

The online services marketplace in India is expanding rapidly due to rising demand for convenient, quality, and on-demand home services. Companies like Urban Company leverage technology, trained professionals, and customer-centric solutions to capture market share. With a focus on innovation, sustainability, and operational efficiency, Urban Company is positioned as a market leader in the online services sector.

Conclusion

The Urban Company IPO presents investors with an opportunity to invest in a high-growth technology-driven services platform. With a share price band of ₹98-₹103, GMP ₹17, and listing expected on September 17, 2025, the IPO is an attractive proposition for retail and institutional investors seeking exposure to the online services and home solutions market.

The Upcoming IPOs in this week and coming weeks are Karbonsteel Engineering, Taurian MPS, L. T. Elevator, Galaxy Medicare, Airfloa Rail Technology, Dev Accelerator, Jay Ambe Supermarkets, Urban Company, Shringar House of Mangalsutra, .

The Current active IPO are Nilachal Carbo Metalicks, Krupalu Metals, Vashishtha Luxury Fashion, Sharvaya Metals, Vigor Plast India, Austere Systems.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.