Urban Company, India’s leading technology-driven services marketplace, has announced the launch of its much-awaited Initial Public Offering (IPO). The IPO, valued at ₹1,900 crore, will open for subscription on 10 September 2025 and will close on 12 September 2025. This article provides a detailed breakdown of the Urban Company IPO, including issue details, subscription status, Grey Market Premium (GMP), allotment procedure, listing date, and objectives.

Overview of Urban Company

Urban Company is one of India’s largest full-stack online services platforms. The company connects consumers with trained independent service professionals across a wide range of categories. These include home cleaning, pest control, plumbing, carpentry, appliance servicing and repair, painting, skincare, hair grooming, and massage therapy.

Over the years, Urban Company has positioned itself as a trustworthy marketplace that ensures quality-driven services at the customer’s convenience. With its technology-first approach, the platform enables easy booking, secure payments, and reliable service delivery, which has made it a household name across multiple cities.

Details of Urban Company IPO

The Urban Company IPO will be a Book Built Issue worth ₹1,900 crore. This includes:

• Fresh Issue: 4.58 crore shares amounting to ₹472 crore.

• Offer for Sale (OFS): 13.86 crore shares amounting to ₹1,428 crore.

The IPO subscription window will remain open from 10 September to 12 September 2025. The basis of allotment will be finalized on 15 September 2025 (Monday), and the tentative listing on both BSE and NSE is expected on 17 September 2025 (Wednesday).

The price band has been fixed between ₹98 to ₹103 per equity share. At the upper band of ₹103, the market capitalization of Urban Company will be approximately ₹14,789.55 crore.

Lot Size and Minimum Investment

The lot size for the IPO has been set at 145 shares. Retail investors will need to make a minimum investment of ₹14,935 (145 shares). For High-Net-Worth Individuals (HNIs), the minimum application is for 14 lots (2,030 shares), amounting to ₹2,09,090.

Book Running Lead Managers and Registrar

The lead managers for the IPO include:

• Kotak Mahindra Capital Company Limited

• Morgan Stanley India Company Private Limited

• Goldman Sachs (India) Securities Private Limited

• JM Financial Limited

The registrar of the issue is MUFG Intime India Private Limited (formerly Link Intime India Private Limited).

Grey Market Premium (GMP)

The Grey Market Premium (GMP) for the Urban Company IPO is currently estimated at ₹17. This implies that the expected listing price could be around ₹130, which is a 16.50% premium over the issue price of ₹103.

It is important to note that GMP is unofficial and unregulated. It simply reflects investor sentiment in the unorganized grey market and should only be considered for educational and informational purposes.

Urban Company IPO Day-Wise GMP Trend:

• Date: 06 September 2025

• IPO Price: ₹103

• Expected Listing Price: ₹130

• GMP: ₹17 (16.50%)

• Last Updated: 9:30 AM; 06 September 2025

Urban Company IPO Allotment Status

The allotment date for Urban Company IPO is 15 September 2025 (Monday). Investors can check their allotment status through the registrar’s official website once the process is complete.

Step-by-step process to check IPO allotment:

1. Visit the IPO allotment status page on the registrar’s website.

2. Select Urban Company Limited IPO from the dropdown menu.

3. Enter your application number, PAN, or DP Client ID.

4. Submit the details to view allotment status.

By following these steps, investors can quickly determine whether they have received shares in the IPO.

Objectives of the IPO

The net proceeds from the Urban Company IPO will be used for the following objectives:

1. ₹1,900 million for technology development and cloud infrastructure.

2. ₹750 million for lease payments for offices.

3. ₹900 million for marketing and brand promotion.

4. Balance for general corporate purposes.

These objectives highlight Urban Company’s focus on technology, expansion, and strengthening its market position in India’s fast-growing home and beauty services industry.

Investment Perspective

Urban Company’s IPO comes at a time when demand for home and beauty services is growing rapidly due to urban lifestyle changes and increased reliance on organized service platforms.

The company’s asset-light model, brand trust, and expansion strategy make it a promising investment opportunity. However, investors must also consider risks such as competition, regulatory changes, and profitability challenges.

Conclusion

The Urban Company IPO is one of the most anticipated issues of 2025. With a strong brand presence, technology-driven business model, and diversified service offerings, the company is well-positioned for growth. The IPO provides retail investors and institutions a chance to be part of a scalable and innovative business in India’s service economy.

Those applying for the IPO should stay updated on subscription status, GMP movements, and allotment results. While the Grey Market Premium shows positive sentiment, investors are advised to make decisions based on financial fundamentals and long-term growth prospects.

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.