Urban Company IPO Opens on Sept 10 | Price Band at ₹98–103: What Investors Should Watch Next
- 3rd September 2025
- 11:30:00 AM
- 2 min read
Summary
Urban Company’s ₹1,900 crore IPO will open for subscription on September 10 and close on September 12, with a price band of ₹98–103 per share. The offer includes a fresh issue of ₹472 crore and an OFS of ₹1,428 crore. The lot size is 145 shares. Allotment will be finalized on September 15, and the stock is set to list on September 17 on BSE and NSE.
Mumbai | September 3 – Urban Company, the tech-enabled marketplace for home and beauty services, will launch its initial public offering (IPO) on September 10. The issue will close on September 12.
The company has fixed the price band at ₹98–103 per share, aiming to raise about ₹1,900 crore at the upper end. The offer comprises a fresh issue worth ₹472 crore and an offer for sale (OFS) of ₹1,428 crore by existing investors including Accel India, Bessemer India, Elevation Capital, and Internet Fund V.
Use of Proceeds
Funds from the fresh issue will be allocated towards technology and cloud infrastructure development, lease rentals, marketing spends, and general corporate purposes, according to the company’s prospectus.
Lot Size and Investor Quota
The minimum application lot is 145 shares. Of the net offer, 75% has been earmarked for qualified institutional buyers (QIBs), 15% for non-institutional investors, and 10% for retail investors.
Key Dates for Urban Company IPO
- Subscription opens: September 10, 2025
- Subscription closes: September 12, 2025
- Basis of allotment: September 15, 2025
- Refunds & demat credit: September 16, 2025
- Listing date: September 17, 2025 (BSE and NSE)
Company Profile
Founded in 2014, Urban Company has built a presence in 51 cities across India, the UAE, and Singapore, with 47 cities in India alone. Its platform connects users with trained professionals for home cleaning, appliance servicing, plumbing, electrical work, pest control, beauty and grooming, skincare, and wellness services.
The company’s asset-light business model and expanding service base have made it one of the most recognized consumer-tech brands in India’s home services market.
Lead Managers
The issue will be managed by Morgan Stanley India, Kotak Mahindra Capital, JM Financial, and Goldman Sachs India Securities. MUFG Intime India is the registrar.
What to Watch Next
The Urban Company IPO comes at a time when primary markets remain active with several large-cap and consumer-tech listings lined up. Investors will be watching subscription trends closely, especially institutional participation, as an indicator of market appetite ahead of the company’s September 17 listing.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
