Urban Company, a prominent tech-enabled home services platform, has launched its ₹1,900 crore Initial Public Offering (IPO), comprising a fresh issue of ₹472 crore and an offer-for-sale (OFS) of ₹1,428 crore. The IPO opened for subscription on September 10, 2025, with a price band set between ₹98 and ₹103 per share. The subscription window will close on September 12, 2025, and the shares are scheduled to be listed on both the BSE and NSE on September 17, 2025.
Urban Company IPO Day 1 Subscription Status
The Urban Company IPO saw a strong response on Day 1, with an overall subscription of 3.29 times. The retail segment led the demand at 7.39 times, followed by employees at 6.71 times. The NII category was subscribed 4.37 times, while QIBs showed steady interest with 1.37 times subscription.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 1.37 |
| Non-Institutional Investors (NII) | 4.37 |
| bNII (above ₹10 lakh) | 3.97 |
| sNII (less than ₹10 lakh) | 5.18 |
| Retail Individual Investors (RII) | 7.39 |
| Employees | 6.71 |
| Total Subscriptions | 3.29 |
Total Applications: 7,46,851
Total Bid Amount (₹ Crores): 3,446
Objective of the Urban Company IPO
Urban Company plans to utilize the net proceeds from the fresh issue for the following purposes:
| Use of IPO Proceeds | Amount (₹ Cr) |
|---|---|
| Expenditure for new technology development and cloud infrastructure | 190 |
| Expenditure for lease payments for the offices | 75 |
| Expenditure towards marketing activities | 90 |
| General Corporate Purposes | – |
Urban Company IPO GMP – Day 1 Update
The grey market premium (GMP) of Urban Company IPO is ₹38.5, as on 5:00 PM September 10, 2025. The upper limit of the price band is ₹103, and the estimated listing price as per today’s GMP can be ₹141.5, giving a potential gain of around 37.38% per share.
| Date | GMP | Est. Listing Price | Gain |
|---|---|---|---|
| 10-09-2025 (DAY 1) | ₹38.5 | ₹141.50 | 37.38% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Urban Company IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | September 10, 2025 |
| IPO Closing Date | September 12, 2025 |
| Issue Price Band | ₹98 to ₹103 per share |
| Total Issue Size | 18,44,66,018 shares(aggregating up to ₹1,900 Cr) |
| Listing Platform | BSE, NSE |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Urban Company IPO RHP | Click Here |
Important Dates for Urban Company IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | September 15, 2025 |
| Refunds Initiation | September 16, 2025 |
| Credit of Shares to Demat | September 16, 2025 |
| Listing Date | September 17, 2025 |
Urban Company Overview
Urban Company Limited is a technology-driven, full-stack online services marketplace providing home, beauty, and wellness services across 51 cities, including 47 in India, and select international markets such as UAE and Singapore. The platform enables consumers to access services like cleaning, pest control, electrical, plumbing, carpentry, appliance repair, on-demand home-help assistance, painting, skincare, hair grooming, and massage therapy. It also operates the ‘Native’ brand offering water purifiers and electronic door locks. Urban Company engages a network of trained and background-verified service professionals, empowering them with tools, consumables, training, and technology to deliver standardized, quality-driven services. The company leverages a tech-enabled platform for demand-supply matching, service management, and consumer engagement, enabling growth, higher consumer retention, and improved earnings for service professionals.
Easy Steps to Apply for Urban Company IPO via Pocketful
Step 1 : Install the Pocketful Application from Play Store or App Store
Step 2 : Sign up and complete your KYC requirements
Step 3 : Go to the IPO section from the home page
Step 4 : Look for “Urban Company” in the list
Step 5 : Tap on Apply and enter your bid details
Frequently Asked Questions (FAQs)
What is the opening and closing date of Urban Company IPO?
Urban Company IPO is open on 10 September 2025 and will close on 12 September 2025.
What is the price band of the Urban Company IPO?
Its price band is fixed from ₹98 to ₹103 per share.
What is the GMP (Grey Market Premium) of Urban Company IPO today?
The GMP on 10 September 2025 is ₹38.5, which leads to a possible listing price of ₹141.50.
What is the total issue size of Urban Company IPO?
The total issue size of the Urban Company IPO is ₹1,900 crore, comprising a fresh issue of ₹472 crore and an offer for sale (OFS) of ₹1,428 crore.
What is the expected listing date of Urban Company?
This IPO is expected to be listed on BSE and NSE on 17 September 2025.
