Urban Company IPO
Urban Company IPO — date, price band, lot size & details 2025
Urban Company listed on 17 Sep 2025 at ₹162.25, 57.5% above the ₹103 issue price.
Urban Company runs a technology-driven platform that connects consumers with trained service professionals for services at home. Its total income rose from Rs 726.24 crore in FY2023 to Rs 1,260.68 crore in FY2025.
Stock price
Urban Company is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 10 November.
- Open 10 Sep 2025
- Close 12 Sep 2025
- Allotment 15 Sep 2025
- Refund/credit 16 Sep 2025
- Listing 17 Sep 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 10 to 12 Sep, 2025 |
|---|---|
| Price Band | ₹98 – ₹103 |
| Face Value | ₹1 |
| Lot Size | 145 Shares |
| Issue Size | ₹1900 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Employee Discount | Rs 9.00 per share |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,935 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 145 shares at the ₹103 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 145 | ₹14,935 |
| Retail (max) | 13 | 1,885 | ₹1,94,155 |
| S-HNI (min) | 14 | 2,030 | ₹2,09,090 |
| S-HNI (max) | 66 | 9,570 | ₹9,85,710 |
| B-HNI (min) | 67 | 9,715 | ₹10,00,645 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Total income rose from Rs 726.24 crore in FY2023 to Rs 1,260.68 crore in FY2025.
- 02Rs 190.00 crore of the fresh issue was for new technology development and cloud infrastructure.
- 03The company reported a profit of Rs 239.77 crore in FY2025 after losses in the two earlier years.
- 04Net worth rose from Rs 1,292.64 crore on 31 March 2024 to Rs 1,781.28 crore on 31 March 2025.
- 05Return on net worth was 13.35% on the figures at the source.
Risks · 6
- 01The company made losses of Rs 312.48 crore in FY2023 and Rs 92.77 crore in FY2024, so the FY2025 profit of Rs 239.77 crore is a single year.
- 02Rs 1,427.82 crore of the Rs 1,900 crore issue was offer for sale and did not reach the company.
- 03The P/E was 61.68 at the upper band of Rs 103, based on post-issue EPS of Rs 1.67.
- 04Promoters held only 21.1% before the issue and 20.43% after it, so most shares are with other investors.
- 05Rs 75.00 crore of the proceeds was for office lease payments and Rs 90.00 crore for marketing, which are running costs.
- 06Listing at Rs 162.25 against the issue price of Rs 103 means later investors paid well above the issue valuation.
Three years of numbers
All figures in ₹ crore, as reported in the Urban Company offer document.
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 2,200.64 | 1,638.65 | 1,631.22 |
| Total Income | 1,260.68 | 927.99 | 726.24 |
| Profit After Tax | 239.77 | -92.77 | -312.48 |
| NET Worth | 1,781.28 | 1,292.64 | 1,339.46 |
| Reserves and Surplus | 2,646.12 | 2,404.69 | 2,402.82 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Urban Company RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Urban Company IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹1.72 | ₹1.67 |
| P/E Ratio (x) | 59.71 | 61.68 |
| Market Cap at Offer Price (₹ Cr) | ₹14,358.32 | ₹14,788.21 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹103 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹553.29 Cr of the issue is earmarked to named objects.
Urban Company IPO Anchor Investors
59 anchor investors across 39 fund houses committed ₹853.89 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
The company describes technology as embedded in every workflow on its platform. It also runs a technology-enabled training system for service professionals and sells products to them.
The promoters are Abhiraj Singh Bhal, Raghav Chandra and Varun Khaitan.
The IPO was Rs 1,900 crore. Rs 472.18 crore was fresh issue and Rs 1,427.82 crore was offer for sale. Rs 190.00 crore was planned for technology development and cloud infrastructure and Rs 90.00 crore for marketing.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Urban Company IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
JM Financial Ltd.
53 issues handledBest listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Kotak Mahindra Capital Company Limited
30 issues handledBest listing: Moneyview (+61.8%). Weakest: Amagi Media Labs (-12.2%).
Goldman Sachs (India) Securities Private Limited
8 issues handledBest listing: PhysicsWallah (+33.0%). Weakest: JSW Cement (+4.4%).
Morgan Stanley India Co. Pvt. Ltd
3 issues handledBest listing: HDB Financial Services (+12.8%). Weakest: The Leela Hotels (-6.7%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Urban Company?
The current Grey Market Premium is ₹51, or 50% over the issue price.
What is the Urban Company IPO price band?
₹98 to ₹103, on a face value of ₹1.
When is the allotment?
The basis of allotment is 15 September 2025, with listing on 17 September 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
