Urban Company came to market through an IPO that opened on 10 September 2025 and closed on 12 September 2025, and the shares listed on 17 September 2025 on BSE, NSE. The price band was ₹98 to ₹103 per share and one lot was 145 shares, so the minimum application was ₹14,935. The issue size was ₹1900 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
MUFG Intime India Pvt Ltd was the registrar to the issue, and Kotak Mahindra Capital, Morgan Stanley India, Goldman Sachs (India) Securities, JM Financial were the lead managers.
As of 12 September 2025.
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Incorporated in December 2014, Urban Company is a technology-enabled, full-stack online marketplace that provides home and beauty services in 59 cities, including 48 Indian cities, as well as others in the UAE, Singapore, and Saudi Arabia, as of December 31, 2024. Its platform allows consumers to schedule services like cleaning, plumbing, electrical, appliance repair, beauty treatment, and massage therapy, conducted by trained, background-checked professionals.
The firm has also entered into home solutions with the introduction of water purifiers and electronic door locks under its own brand 'Native'. It assists service professionals through training, tools, financing, insurance, and branding, enhancing service quality and income. Within three months to June 30, 2025, the company had an average of 54,347 monthly active service professionals on our platform, i.e., a service professional having provided at least one service in a particular month.
When rolled up on the platform, the company operate in more than 12,000 micro-markets of service as at June 30, 2025.
As described in the offer document.
| Metric | 31-Mar-25 | 31-Mar-23 | 31-Mar-22 |
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Urban Company; institutional investors pick up Rs 854 crore shares through anchor book. Global investors such as Citigroup Global, Goldman Sachs, Government of Singapore, Ashoka Whiteoak, Government Pension Fund Global, Nomura, Amundi Funds, Florida Retirement System, Steadview Capital, and Steinberg India made Gurugram-based company a shareholder by investing through anchor book.
Additionally, SBI Mutual Fund, ICICI Prudential MF, HDFC AMC, Fidelity, Nippon Life, Aditya Birla Sun Life AMC, UTI AMC, SBI Life, ICICI Prudential Insurance Company, Bajaj Allianz Life, Sundaram MF, Abakkus Asset Manager, Mahindra Manulife, Helios, Tata AIG General, Bandhan MF, Edelweiss, and PGIM India were also among domestic institutional buyers participating in the anchor book.
Abhiraj Singh Bhal, Raghav Chandra, Varun Khaitan.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Urban Company IPO was a ₹1,900 crore book-built issue, comprising a fresh issue of ₹472 crore and an offer for sale of ₹1,428 crore. It was priced at ₹98–₹103 per share with a lot size of 145 shares (₹14,935). The IPO was open from September 10 to September 12, 2025 and was subscribed 108.94x. Shares listed on BSE and NSE on September 17, 2025 at ₹162.25, a 57.5% premium to the issue price of ₹103.
MUFG Intime India Pvt Ltd is the registrar. Kotak Mahindra Capital and 3 other book running lead managers manage the issue.
The price band of Urban Company IPO is ₹98 to ₹103 per share.
The lot size of Urban Company IPO is 145 shares.
The minimum investment for Urban Company IPO is approximately ₹14,935 based on the upper price band.
The allotment date of Urban Company IPO is Sep 15, 2025.
Urban Company IPO's final recorded GMP before listing was ₹51 per share (a 50% premium over the ₹103 upper price band). The shares listed at ₹162.25. GMP is unofficial and does not forecast or guarantee the actual listing price.
Urban Company IPO listed on Sep 17, 2025. It was issued at ₹162.25(NSE) and is currently around ₹152.50 as on 30-Oct-2026 3:30 PM, which is approximately 48.1% versus issue price. The 52-week high is ₹183.97.
You can check Urban Company IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Urban Company IPO allotment status on Rupix for quick and easy access.
₹98 to ₹103 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 145 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,935.
₹14,935, for one lot of 145 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 10 September 2025 and closed on 12 September 2025.
The basis of allotment was published on 15 September 2025 by MUFG Intime India Pvt Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 17 September 2025 on BSE, NSE.
The issue size was ₹1900 crore. The fresh issue was 4,58,25,242 shares (aggregating up to ₹472 crore). The offer for sale was 13,86,40,776 shares (aggregating up to ₹1428 crore).