- Urban Company IPO: Everything You Need to Know
- Urban Company IPO
- Company Background
- Urban Company IPO Details
- Urban Company IPO Timeline
- Subscription Status of Urban Company IPO
- Allotment Status
- Grey Market Premium (GMP)
- Financial Performance of Urban Company
- Business Model of Urban Company
- Risks and Challenges
- Future Outlook
- FAQs on Urban Company IPO
- Related Posts
Urban Company IPO: Everything You Need to Know
Urban Company IPO
Urban Company IPO has become one of the most talked about public issues in 2025. The company, earlier known as UrbanClap, has grown rapidly since its launch in 2014. It started as a platform connecting customers with service professionals like plumbers, electricians, and beauticians. Today, it has turned into one of the largest home service platforms in India and has expanded operations in international markets.
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The Urban Company IPO opened in September 2025, and investors across categories—retail, high-net-worth individuals, and institutions—rushed to apply. The subscription numbers and grey market buzz show the interest in the company. But at the same time, questions around valuation, risks, and long-term growth are also being discussed widely.
This article gives a simple, detailed, and human-friendly explanation of everything you need to know about Urban Company IPO—from issue details, subscription, allotment status, GMP, financials, risks, and future outlook.
Company Background
Urban Company was founded in December 2014 by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan. The aim was simple—make it easy for customers to book trusted professionals for home and beauty services through a mobile app.
Over time, the company expanded into areas like home cleaning, painting, appliance repair, fitness, and salon services. By June 2025, Urban Company was active in 51 cities (47 in India and others in UAE, Singapore, and Saudi Arabia). On the supply side, it had more than 54,000 monthly active service professionals and had served over 6.8 million unique customers since mid-2022.
The success of this model shows how the gig economy is becoming part of urban India. And with its IPO, Urban Company is entering a new phase of growth.
Urban Company IPO Details
The IPO details are very important for investors who want to understand the issue size, price, and allotment rules.
| Particulars | Details |
|---|---|
| IPO Type | Book Built Issue |
| Total Issue Size | ₹1,900 crore |
| Fresh Issue | ₹472 crore |
| Offer for Sale (OFS) | 13.86 crore shares worth ₹1,428 crore |
| Price Band | ₹103 per share |
| Lot Size | 145 shares (retail) |
| Minimum Investment | ₹14,935 |
| Listing Exchanges | NSE & BSE |
| Symbol | URBANCO |
| ISIN | INE0CAZ01013 |
| Market Cap (post-issue) | ₹14,789.55 crore |
The IPO had two parts:
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- Fresh issue of ₹472 crore: The money raised will be used by the company for technology development, cloud infrastructure, and general purposes.
Urban Company IPO Timeline
Here is the key timeline for the IPO:
| Event | Date |
|---|---|
| IPO Open | September 10, 2025 |
| IPO Close | September 12, 2025 |
| Basis of Allotment | September 15–16, 2025 |
| Refunds Initiated | September 16, 2025 |
| Shares Credited | September 16, 2025 |
| Listing Date | September 17, 2025 |
Investors could check allotment status on NSE, BSE, or the registrar’s website (MUFG Intime India Pvt Ltd).
Subscription Status of Urban Company IPO
The response to the IPO was massive.
- The issue was subscribed over 103 times overall, showing very strong demand.
- High-net-worth individuals (HNIs) and qualified institutional buyers (QIBs) also showed heavy interest.
This strong subscription reflects investor confidence in the company’s business model and future growth.
Allotment Status
The allotment was finalized on September 15–16, 2025.
Steps to check allotment:
- Visit MUFG Intime’s portal or NSE/BSE IPO section.
- Select “Urban Company Limited” from the dropdown.
- Enter PAN or Application Number.
- View allotment result.
Many retail investors did not get allotment due to heavy oversubscription, and social media was filled with posts of users sharing their experiences of missing out despite applying through multiple accounts.
Grey Market Premium (GMP)
Urban Company IPO also created buzz in the grey market. GMP is an unofficial market where IPO shares are traded before listing.
- GMP for Urban Company IPO was in the range of ₹50 to ₹68.5 before listing.
- Analysts expected listing gains of 48–66%, though they also cautioned that GMP is not always reliable.
Financial Performance of Urban Company
Urban Company turned profitable in FY25, which was a big positive for the IPO.
| Metric | FY25 | FY24 |
|---|---|---|
| Revenue Growth | 36% YoY | — |
| Profit After Tax (PAT) | ₹239.77 crore | -₹92.77 crore (loss) |
| Deferred Tax Assets | ₹211.86 crore | — |
| Contingent Liabilities | ₹43.78 crore | — |
| Active Professionals | 54,347 | — |
Key points:
- FY25 saw a big turnaround with ₹239.77 crore profit, compared to a loss of ₹92.77 crore in FY24.
- Revenue grew 36% year-on-year, supported by scale and efficiency.
- The company now has stronger financial stability compared to earlier years.
Business Model of Urban Company
Urban Company works on a two-sided marketplace model:
- Consumers book services like beauty, cleaning, appliance repair, etc.
- Service professionals get training, tools, and steady work through the platform.
The company invests in training programs to maintain service quality. It also manages offices and training centers in leased properties across cities.
Risks and Challenges
Every IPO comes with risks, and Urban Company is no different.
- Regulatory risks: Rules around gig workers and labor rights may affect operations.
- Valuation concerns: Some analysts believe the IPO valuation is high compared to profits.
- Economic slowdown: A dip in consumer spending can reduce demand for non-essential services.
- Continuous tech investment: To stay ahead, the company must keep investing in technology.
Future Outlook
Urban Company plans to expand to more Indian cities and international markets. It wants to be present in the top 200 cities of India by FY2030.
Funds raised from the IPO will mainly go towards technology upgrades, training, and market penetration. With increasing urbanization and demand for reliable home services, the growth potential looks promising.
Analysts say short-term listing gains are likely, but long-term investors should focus on how the company executes its expansion plans and manages profitability.
FAQs on Urban Company IPO
Q1: What was the price band for Urban Company IPO?
The price band was fixed at ₹103 per share.
Q2: What is the lot size for retail investors?
The lot size was 145 shares, requiring a minimum investment of ₹14,935.
Q3: When was Urban Company IPO listed?
The IPO listed on September 17, 2025 on NSE and BSE.
Q4: How can I check Urban Company IPO allotment?
You can check on NSE, BSE, or MUFG Intime’s official portal by entering PAN or Application Number.
Q5: Did Urban Company IPO give listing gains?
Grey Market Premium suggested gains of 48–66%, but actual gains depended on listing day market conditions.
The Urban Company IPO has been one of the most awaited issues of 2025. The company has shown strong growth in users, professionals, and revenue, along with turning profitable in FY25. Heavy subscription numbers prove investor interest, though risks remain around competition, regulations, and valuation.
For investors, the IPO offered a chance to participate in India’s growing gig economy. In the long run, the company’s success will depend on how it scales responsibly while keeping service quality high.
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