return to news
  1. Urban Company IPO opens on September 10, price band set at ₹98 to ₹103 per share; check lot size, key dates and more

Market News

Urban Company IPO opens on September 10, price band set at ₹98 to ₹103 per share; check lot size, key dates and more

Kamal Joshi

3 min read | Updated on September 03, 2025, 07:42 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Urban Company IPO: The initial share sale seeks to raise ₹1,900 crore via fresh issuance of ₹472 crore as well as an offer for sale (OFS) of ₹1,428 crore.

Urban Company Ltd provides a technology-driven, full-stack online marketplace for services and solutions across home and beauty categories. | Image: Shutterstock

Urban Company Ltd provides a technology-driven, full-stack online marketplace for services and solutions across home and beauty categories. | Image: Shutterstock

Urban Company IPO: The initial public offering of mobile app-based beauty and home care services provider Urban Company will open for subscription on September 10. The issue will conclude on September 12. The price band has been fixed at ₹98 to ₹103 per share.

The initial share sale seeks to raise ₹1,900 crore via fresh issuance of ₹472 crore as well as an offer for sale (OFS) of ₹1,428 crore.

Under the OFS, Accel India IV (Mauritius) Ltd, Bessemer India Capital Holdings II Ltd, Internet Fund V Pte Ltd, VYC11 Ltd, and Elevation Capital V Ltd will offload their stake.

The fresh issue proceeds will be used for expenditure for new technology development and cloud infrastructure, lease payment for offices, marketing activities and general corporate purposes.

Urban Company IPO: Lot size

A lot consists of 145 shares and in multiples thereafter. The company has reserved 75% of the net offer for qualified institutional buyers (QIBs), 10% for retail investors and 15% for non-institutional investors.

Urban Company IPO timeline: Allotment and listing dates

EventDate
Subscription periodSeptember 10 to September 12
Basis of allotmentSeptember 15
Initiation of RefundsSeptember 16
Credit of Shares to DematSeptember 16
Listing dateSeptember 17

About Urban Company

Urban Company is a home services provider, connecting individuals with professionals for various home services. It operates in 51 cities across India, the United Arab Emirates and Singapore, except for cities covered by its joint venture (JV) in the Kingdom of Saudi Arabia, of which 47 cities are in India, as of June 2025.

The platform allows customers to order services like cleaning, plumbing, electricians, pest control, carpentry, home-help assistance, appliance servicing and repair, hair grooming, skincare, massage therapy and more.

Morgan Stanley India Company, Kotak Mahindra Capital Company, JM Financial and Goldman Sachs (India) Securities are the book-running lead managers to the issue. MUFG Intime India is the registrar.

Urban Company IPO GMP

The grey market premium (GMP) for the unlisted shares of the Urban Company IPO is not available yet.

Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
SIP
Consistency beats timing.
promotion image

About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.