Urban Company IPO: Price Band Set at ₹98–103 Per Share, Opens for Subscription on September 10
Urban Company, India’s leading platform for on-demand home services, is all set to make its public debut on the Indian stock exchanges with its much-anticipated Initial Public Offering (IPO). The company has officially announced its IPO price band in the range of ₹98 to ₹103 per share. The issue will open for subscription on September 10, 2025, and close on September 12, 2025.
Urban Company, India’s leading platform for on-demand home services, is all set to make its public debut on the Indian stock exchanges with its much-anticipated Initial Public Offering (IPO). The company has officially announced its IPO price band in the range of ₹98 to ₹103 per share. The issue will open for subscription on September 10, 2025, and close on September 12, 2025.
IPO Details: Price Band, Issue Size, and Structure
At the upper end of the price band, Urban Company aims to raise a total of ₹1,900 crore, signaling strong ambitions to fuel its next phase of growth. The IPO comprises two components:
-
Fresh Issue: ₹472 crore
-
Offer for Sale (OFS): ₹1,428 crore by existing shareholders
The issue is expected to attract a wide pool of investors given the company’s rapid rise as a household name and its unique positioning in India’s booming service economy.
At the upper end of the price band, Urban Company aims to raise a total of ₹1,900 crore, signaling strong ambitions to fuel its next phase of growth. The IPO comprises two components:
-
Fresh Issue: ₹472 crore
-
Offer for Sale (OFS): ₹1,428 crore by existing shareholders
The issue is expected to attract a wide pool of investors given the company’s rapid rise as a household name and its unique positioning in India’s booming service economy.
Lot Size and Minimum Investment
For retail investors, the lot size has been set at 145 shares, translating into a minimum investment of ₹14,935 at the upper price band. Investors can apply for one or more lots in multiples thereof.
For retail investors, the lot size has been set at 145 shares, translating into a minimum investment of ₹14,935 at the upper price band. Investors can apply for one or more lots in multiples thereof.
Reservation Allocation: Who Gets What?
The Urban Company IPO has been structured to cater to a diverse investor base. Here’s how the shares have been allocated:
-
75% reserved for Qualified Institutional Buyers (QIBs)
-
15% allocated to Non-Institutional Investors (NIIs)
-
10% set aside for Retail Individual Investors (RIIs)
-
Additionally, ₹2.5 crore worth of shares are reserved for eligible employees of the company.
Anchor investor bidding will begin a day earlier, on September 9, 2025, which typically offers a glimpse into institutional demand.
The Urban Company IPO has been structured to cater to a diverse investor base. Here’s how the shares have been allocated:
-
75% reserved for Qualified Institutional Buyers (QIBs)
-
15% allocated to Non-Institutional Investors (NIIs)
-
10% set aside for Retail Individual Investors (RIIs)
-
Additionally, ₹2.5 crore worth of shares are reserved for eligible employees of the company.
Anchor investor bidding will begin a day earlier, on September 9, 2025, which typically offers a glimpse into institutional demand.
Utilization of IPO Proceeds: A Strategic Roadmap
Urban Company has outlined a clear and focused deployment plan for the proceeds from the fresh issue:
-
₹190 crore will be used for technology upgrades and expanding cloud infrastructure
-
₹90 crore is earmarked for marketing and customer acquisition
-
₹75 crore will go toward office lease payments
-
The remaining funds will be utilized for general corporate purposes
This capital infusion is expected to boost the company’s service capabilities, expand its geographical reach, and strengthen its tech backbone—key pillars in its growth strategy.
Urban Company has outlined a clear and focused deployment plan for the proceeds from the fresh issue:
-
₹190 crore will be used for technology upgrades and expanding cloud infrastructure
-
₹90 crore is earmarked for marketing and customer acquisition
-
₹75 crore will go toward office lease payments
-
The remaining funds will be utilized for general corporate purposes
This capital infusion is expected to boost the company’s service capabilities, expand its geographical reach, and strengthen its tech backbone—key pillars in its growth strategy.
Urban Company: From Startup to Household Brand
Founded in 2014, Urban Company (formerly UrbanClap) has transformed from a startup to a trusted brand in the home and personal services segment. Operating on a tech-enabled full-stack model, the company provides a wide array of services including:
-
Salon and grooming at home
-
AC and appliance repair
-
Home cleaning
-
Electrician and plumbing services
Urban Company’s seamless user interface, quality assurance, and service partner training programs have helped it stand out in a highly fragmented market. It currently has operations in over 50 cities in India and also maintains a presence in select international markets.
Founded in 2014, Urban Company (formerly UrbanClap) has transformed from a startup to a trusted brand in the home and personal services segment. Operating on a tech-enabled full-stack model, the company provides a wide array of services including:
-
Salon and grooming at home
-
AC and appliance repair
-
Home cleaning
-
Electrician and plumbing services
Urban Company’s seamless user interface, quality assurance, and service partner training programs have helped it stand out in a highly fragmented market. It currently has operations in over 50 cities in India and also maintains a presence in select international markets.
Should You Invest in the Urban Company IPO?
The Urban Company IPO is attracting considerable attention for good reasons:
-
A scalable, tech-first business model
-
Growing consumer demand for on-demand home services
-
Strong brand recall and customer loyalty
-
Backing from reputed investors in earlier funding rounds
However, investors should review the Red Herring Prospectus (RHP) carefully, study the company’s financials, assess competitive risks, and align investment decisions with their risk appetite and portfolio strategy.
The Urban Company IPO is attracting considerable attention for good reasons:
-
A scalable, tech-first business model
-
Growing consumer demand for on-demand home services
-
Strong brand recall and customer loyalty
-
Backing from reputed investors in earlier funding rounds
However, investors should review the Red Herring Prospectus (RHP) carefully, study the company’s financials, assess competitive risks, and align investment decisions with their risk appetite and portfolio strategy.
IPO Snapshot: Quick Summary
Detail Information IPO Open Date September 10, 2025 IPO Close Date September 12, 2025 Price Band ₹98 – ₹103 per share Lot Size 145 shares Minimum Investment ₹14,935 Total Issue Size ₹1,900 crore Anchor Investor Date September 9, 2025 Retail Investor Quota 10% Employee Reservation ₹2.5 crore Lead Managers (To be updated from RHP)
| Detail | Information |
|---|---|
| IPO Open Date | September 10, 2025 |
| IPO Close Date | September 12, 2025 |
| Price Band | ₹98 – ₹103 per share |
| Lot Size | 145 shares |
| Minimum Investment | ₹14,935 |
| Total Issue Size | ₹1,900 crore |
| Anchor Investor Date | September 9, 2025 |
| Retail Investor Quota | 10% |
| Employee Reservation | ₹2.5 crore |
| Lead Managers | (To be updated from RHP) |
Final Thoughts
As Urban Company steps into the public market, it marks a significant milestone not just for the startup but also for India’s growing gig and service economy. With solid fundamentals, strategic use of capital, and a proven track record, this IPO could be a compelling opportunity for investors.
However, as with all investments, due diligence is key. Ensure you consult with a financial advisor before making your move.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please refer to the official RHP and consult a registered financial advisor before making investment decisions.
As Urban Company steps into the public market, it marks a significant milestone not just for the startup but also for India’s growing gig and service economy. With solid fundamentals, strategic use of capital, and a proven track record, this IPO could be a compelling opportunity for investors.
However, as with all investments, due diligence is key. Ensure you consult with a financial advisor before making your move.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please refer to the official RHP and consult a registered financial advisor before making investment decisions.