IPO Details
Bidding Dates
10 Sept 25 - 12 Sept 25
Price Range ₹
98 - 103
Total Equity
₹ 0.00Cr
Lot Size
145
Exchange Status
NSE,BSE
IPO Doc
Subscription Rate
Non-Institutional Investor
39.25×
Qualified Institutional Buyers
140.20×
Employees
36.79×
Retail Investors
39.25×
Total subscription Rate
103.63×
IPO Timeline
Offer start
10 Sept 2025
Offer end
12 Sept 2025
Allotment
15 Sept 2025
Refund initiation
16 Sept 2025
Demat transfer
16 Sept 2025
Listing
17 Sept 2025
Offer start
10 Sept 2025
Offer end
12 Sept 2025
Allotment
15 Sept 2025
Refund initiation
16 Sept 2025
Demat transfer
16 Sept 2025
Listing
17 Sept 2025
About Company
Incorporated in December 2014, Urban Company (Urban Co. Ltd.) is a leading technology-driven, full-stack online marketplace for home and beauty services. Operating in 51 cities across India, UAE, and Singapore (excluding its joint venture in Saudi Arabia), the company connects consumers with trained, background-verified professionals for services such as cleaning, plumbing, electrical work, appliance repair, beauty treatments, and wellness services. Beyond services, Urban Company has expanded into home solutions under its in-house brand ‘Native’, offering water purifiers and electronic door locks. It also empowers its service partners by providing training, tools, financing, insurance, and branding support, thereby enhancing both quality of delivery and professional earnings. By June 30, 2025, the company had 54,347 average monthly active service professionals, operating across 12,000 service micro-markets. Revenue streams include platform service charges from consumers, sales of consumables/tools to professionals, and Native product sales to customers. The Indian home services market, valued at USD 59.2 Bn in 2024, is projected to grow to USD 97.4 Bn by 2029, with online penetration still under 1%—indicating significant growth potential. The company’s IPO aims to raise funds for technology development, office leases, marketing, and general corporate purposes.
Year Founded
22-12-2014
Promotor Details
Abhiraj Singh Bhal
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 20.01 | 0 |
| Share Capital | 293362500 | 0 |
Project Details
- Expenditure towards marketing activities - 900cr
- Expenditure for lease payments for our offices - 750cr
- Expenditure for new technology development and cloud infrastructure - 1900cr
- General corporate purposes - 900.85cr
Objectives
- Expenditure for new technology development and cloud infrastructure
- Expenditure for lease payments for our offices
- Expenditure for marketing activities
- andGeneral corporate purposes.
Highlights
- Largest full-stack home and beauty services platform in India by transaction value.
- Revenue up 36% and PAT turnaround with 358% growth in FY25.
- Huge headroom in the underpenetrated home services sector (online penetration <1%).
- Supports service professionals with training, financing, tools, and insurance, improving quality and loyalty.
- Well-established consumer trust, network effects, and strong tech platform ensuring scalable growth.
Challenges
- P/E of ~60x (Post IPO), may limit near-term upside for investors.
- Any dip in professional quality or customer experience can impact brand reputation.
- Operations in multiple countries expose the company to regulatory and cultural challenges.
- High costs of professional training, marketing, and tech development can pressure margins.
- Growing competition from specialized service apps, local providers, and large e-commerce players.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 16,386.46 | 4.00 | 2,397.65 | 2,397.65 | 4.8955 |
| 2022 | 17,940.41 | 4.00 | -3,124.84 | -3,124.84 | -7.3526 |
| 2025 | 19,888.94 | 493.60 | -927.72 | -927.72 | -2.1829 |
| 2023 | 16,312.20 | 4.00 | -3,124.84 | -3,124.84 | -7.3526 |
