IPO Overview
Urban Company Limited, India’s largest tech-enabled home
services marketplace, launched its ₹1,900 crore IPO in September 2025.
The issue witnessed massive investor interest, getting oversubscribed more than
100 times, making it one of the most awaited IPOs of the year.
- IPO
Open Date: 10 September 2025
- IPO
Close Date: 12 September 2025
- Allotment
Date: 15 September 2025 (expected)
- Refund/Share
Credit: 16 September 2025
- Listing
Date: 17 September 2025 (NSE & BSE)
- Price
Band: ₹98 – ₹103 per equity share
- Issue
Type: Book Built Issue
Company Background
Founded in 2014, Urban Company connects customers with
verified professionals for services like:
- Home
cleaning & maintenance
- Appliance
repair & installation
- Beauty
& wellness at home
- Fitness
& grooming services
Global Presence: Along with India, the company
operates in UAE, Singapore, and Australia, showcasing international
expansion potential.
Financial Highlights
|
Particulars (₹ crore) |
FY23 |
FY24 |
FY25* (Q1 Annualized) |
|
Revenue |
1,200 |
1,870 |
2,250+ |
|
EBITDA |
180 |
265 |
310+ |
|
Net Profit/Loss |
-55 |
+92 |
+140 (est.) |
|
Net Worth |
2,100 |
2,350 |
2,520+ |
*FY25 figures are estimates based on Q1 performance.
Key Takeaway: Urban Company turned profitable in
FY24, with strong growth in revenue and EBITDA.
IPO Issue Details
|
Detail |
Information |
|
IPO Size |
₹1,900 crore |
|
Fresh Issue |
₹472 crore |
|
Offer for Sale (OFS) |
~₹1,428 crore |
|
Face Value |
₹2 per share |
|
Price Band |
₹98 – ₹103 |
|
Lot Size |
145 shares |
|
Minimum Investment |
₹14,935 (at ₹103 upper band) |
|
Maximum Investment (Retail) |
Up to 13 lots (₹1,94,155) |
|
Listing At |
NSE, BSE |
Market Lot & Reservation
|
Category |
Lots |
Shares |
Amount (₹) |
|
Retail (Min) |
1 |
145 |
₹14,935 |
|
Retail (Max) |
13 |
1,885 |
₹1,94,155 |
|
HNI / NII |
14+ |
2,030+ |
₹2,09,090+ |
Reservation Breakdown:
- QIB
(Qualified Institutional Buyers): 50%
- NII
(Non-Institutional Investors): 15%
- Retail
Investors: 35%
Objects of the Issue
Funds raised via fresh issue (₹472 crore) will be used for:
- Expansion
of technology platform & AI-based tools
- Marketing
and customer acquisition
- Working
capital requirements
- General
corporate purposes
Promoter & Shareholding Pattern
|
Shareholding |
Pre-IPO |
Post-IPO |
|
Promoters |
42% |
39% |
|
Public |
58% |
61% |
Observation: Slight dilution but increased public
float improves liquidity.
Valuation Snapshot
|
Metric |
Value |
|
Issue Price |
₹98 – ₹103 |
|
Post-Issue EPS (FY25E) |
₹2.80 – ₹3.10 |
|
P/E Ratio |
~33x |
|
Market Cap |
₹14,700 – ₹15,000 crore |
Conclusion: Valuation is reasonable compared to
high-growth internet peers.
Peer Comparison
|
Company |
Revenue (FY24, ₹ Cr) |
Net Profit (₹ Cr) |
P/E Ratio |
|
Urban Company |
1,870 |
92 |
~33x |
|
Zomato |
12,500 |
350 |
~65x |
|
Nykaa |
5,800 |
185 |
~58x |
|
Justdial |
920 |
130 |
~21x |
Takeaway: Urban Company trades at a discount compared
to Zomato & Nykaa, making it attractive.
How to Check Allotment Status
Investors can check Urban Company IPO Allotment Status
via three platforms:
1. Registrar (MUFG Intime India Pvt. Ltd.)
- Visit
MUFG
Intime IPO Allotment Portal
- Select
Urban Company Limited from dropdown
- Enter
PAN / Application Number / DP Client ID
- Submit
to view status
2. BSE Website
- Go
to BSE IPO
Allotment Status
- Select
Equity under issue type
- Choose
Urban Company Limited from list
- Enter
details (PAN or Application No.)
- Check
status
3. NSE Website
- Visit
NSE
IPO Allotment Page
- Enter
PAN, Application Number, or DP Client ID
- Submit
and view status
Expert Review
Positives:
- Market
leader in home services with a trusted brand
- Profit
turnaround in FY24, improving financials
- Reasonable
valuation compared to peers
- High
demand (103× subscription) indicates strong listing potential
Risks:
- Intense
competition in beauty & home service sector
- High
dependence on customer retention & repeat usage
- Valuation
still premium compared to traditional service firms
Key Dates to Remember
|
Event |
Date |
|
IPO Open |
10 Sept 2025 |
|
IPO Close |
12 Sept 2025 |
|
Allotment Date |
15 Sept 2025 |
|
Refund / Share Credit |
16 Sept 2025 |
|
Listing Date |
17 Sept 2025 |
FAQs
Q1. What is the Urban Company IPO Price Band?
Ans. The price band is ₹98 – ₹103 per equity share.
Q2. When will the allotment status be announced?
Ans. The basis of allotment will be finalized on 15 September 2025.
Q3. Where can I check IPO allotment status?
Ans. Allotment can be checked via Registrar (MUFG Intime), BSE,
or NSE websites.
Q4. What is the Urban Company IPO Listing Date?
Ans. The shares are expected to list on 17 September 2025 on NSE and
BSE.
Q5. What is the lot size and minimum investment?
Ans. Lot size is 145 shares, and minimum investment is ₹14,935 at
the upper band.
Conclusion
