The grey market premium for Urban Company IPO is ~₹ 60, with estimated listing gain of 55-60%. The issue size of the IPO is ₹1,900 crore with fresh issue of ~₹ 472 crore & OFS for ~₹ 1,428 crore.
Subscription to apply for Urban Company opens on 10th Sep’25 & closes on 12th Sep’25. And the price range is between ₹98-103. While the total number of shares in fresh issue is ~4.58 Crore and that for OFS will be ~13.86 Cr shares.
Urban Company is Asia’s largest tech-enabled home services marketplace. It connects customers with verified service professionals through its app and website. It basically provides two types of services mainly: Beauty & Wellness and Home Repairs & Maintenance.
Revenue , PAT, EBITDA of Urban Company
| Year | 2024 |
| Networth | ₹ 1,781 |
| Revenue: | ₹ 1,144 |
| EBITDA | ₹ 75 |
| PAT | ₹ 240 |
| EBITDA Margin: | ~6.7% |
| PAT Margin | ~21% |
Urban Company Financials (Consolidated Figures)
| Year (Approx Values) | Revenue (₹ Cr) | Profit (₹ Cr) | Assets (₹ Cr) | Net Worth (₹ Cr) |
| 2023 | ₹ 637 | ₹ -312 | ₹ 1,631 | ₹ 1,339 |
| 2024 | ₹ 828 | ₹ -93 | ₹ 1,639 | ₹ 1,292 |
| 2025 | ₹ 1,144 | ₹ 240 | ₹ 2,201 | ₹ 1,781 |
Urban Company Grey market premium today
| Date | IPO Price | IPO GMP | GMP Trend | Estimated listing | Estimated profit per lot |
| 14-Sep | ₹ 103 | ₹ 60 | +Positive | ₹ 163 | ₹ 8,700 |
| 13-Sep | ₹ 103 | ₹ 44 | +Positive | ₹ 147 | ₹ 6,380 |
| 12-Sep | ₹ 103 | ₹ 40 | +Positive | ₹ 143 | ₹ 5,800 |
| 11-Sep | ₹ 103 | ₹ 36 | +Positive | ₹ 139 | ₹ 5,220 |
| 10-Sep | ₹ 103 | ₹ 36 | +Positive | ₹ 139 | ₹ 5,220 |
| 09-Sep | ₹ 103 | ₹ 30 | +Positive | ₹ 133 | ₹ 4,350 |
| 08-Sep | ₹ 103 | ₹ 24 | +Positive | ₹ 127 | ₹ 3,480 |
| 07-Sep | ₹ 103 | ₹ 20 | +Positive | ₹ 123 | ₹ 2,900 |
Early Stage Funding status of Urban Company
Urban Company has raised a total of $453.52 million across 11 funding rounds since 2014. Its latest funding was raised on 02 June 2021. The table above outlines the details of all Urban Company funding rounds.
Urban Company IPO Strengths & Risks
Strengths:
> Strong growth trajectory.
> Asset light & tech driven company.
> Global presence in countries like UAE, Singapore, & Saudi Arabia.
> Diverse portfolio in the type of industry where recurring demand is there.
> Leader in its category of beauty, cleaning & repairs (no close competitor as of today).
Risks:
> Sustainability of profitability, very short history of profitability.
> Competition from local unorganized sector.
> Regulatory Risks: Gig-worker models often face scrutiny over labor rights, pricing, and policies.
> Relies heavily on skilled partner supply and customer retention.
Core Offerings & Store/Plant location
Under Beauty & Wellness Urban Company offers services like Salon at home (haircuts, facials, manicures, pedicures), Spa therapies , Laser hair reduction , Makeup & grooming services.
And under Home Repairs & Maintenance it offers AC, washing machine, fridge & appliance repair , Plumbing, electrical & carpentry work , Deep cleaning & pest control , Painting services
Urban Company has headquarter in Gurgaon, Haryana and has network in 59 cities spread across PAN India. Urban Company divides city into multiple micro-markets ( typical radius of ~3-5 km) and claims to have 12,000+ service micro-markets across India.
Urban Company: IPO date & invest detail
| IPO Open Date: | 10 September 2025 |
| IPO Close Date: | 12 September 2025 |
| Anchor Investor Bidding | 09 September 2025 |
| IPO Allotment Date: | 15 September 2025 |
| Refunds & Demat Credit | 16 September 2025 |
| Tentative Listing Date: | 17 September 2025 |
| IPO Category | ENTERPRISE |
| Symbol | URBANCO |
| Face Value: | Rs.10 per Equity Share |
| Issue Size: | ~ ₹ 1,900 Cr |
| Lot Size: | 145 |
Urban Company Composition & Proceeds
| Fresh Issue: | ~₹ 472 crore |
| Offer for Sale: | ~₹ 1,428 crore |
| Employee reservation | 2,65,957 Shares (discount ₹ 9 per share) |
| Price Range | ₹ 98-103 |
| Infrastructure | ₹ 190 Cr |
| Office lease Payments | ₹ 70 Cr |
| Marketing | ₹ 80 Cr |
| General corporate purpose | ~₹ 89 Cr |
| IPO Listing on: | NSE & BSE |
| Retail Quota: | ≥ 35% |
| QIB Quota: | ≤ 50% |
| NII Quota: | ≥ 15% |
Urban Company Lot Size details
| Application Type | Lot Size | No. of Lots | No. of Shares | Investment Amount |
| Retail(Min) | 145 | 1 | 145 | 14,935 |
| Retail (Max) | 145 | 13 | 1,885 | 1,94,155 |
| Small HNI (Min) | 145 | 14 | 2,030 | 2,09,090 |
| Small HNI (Max) | 145 | 66 | 9,570 | 9,85,710 |
| Big HNI (Min) | 145 | 67 | 9,715 | 10,00,645 |
Promoters – Pre offer equity (Approx)
| Abhiraj Singh Bhal | 6.65% |
| Varun Khaitan | 6.65% |
| Raghav Chandra | 6.65% |
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