- Price Band fixed at ₹ 98 to ₹ 103 per equity share of face value of ₹ 1 each (“Equity Share”);
- Bid /Offer will open on Wednesday, September 10, 2025 and close on Friday, September 12, 2025. The Anchor Investor Bidding Date shall be Tuesday, September 9 , 2025
- Bids can be made for a minimum of 145 Equity Shares and in multiples of 145 Equity Shares thereafter
- A discount of ₹ 9 per equity share is being offered to eligible employees bidding in the employee reservation portion
Urban Company Limited will open its Initial Public Offering (IPO) of equity shares on Wednesday, September 10, 2025, with a total issue size of up to ₹19,000 million (₹1,900 crore). The IPO comprises a fresh issue worth ₹4,720 million (₹472 crore) and an Offer for Sale by existing shareholders amounting to ₹14,280 million (₹1,428 crore).
The Anchor Investor Bidding Date shall be Tuesday, September 9, 2025. The Bid/Offer will open on Wednesday, September 10, 2025 for subscription and will close on Friday, September 12, 2025.
The Price Band of the Offer has been fixed at₹ 98 to ₹ 103 per Equity Share. Bids can be made for a minimum of 145 Equity Shares and in multiples of 145 Equity Shares thereafter.
A discount of ₹ 9 per equity share is being offered to eligible employees bidding in the employee reservation portion
The Company proposes to utilise net proceeds from fresh issue of Equity Shares towards (i) Expenditure for new technology development and cloud infrastructure and the amount estimated to be ₹1,900.00 million [₹190 crore], (ii) Expenditure for lease payments for its offices and the amount estimated to be ₹750.00 million [₹75 crore], (iii) Expenditure towards marketing activities and the amount estimated to be ₹900.00 million [₹90 crore] and (iv) General corporate purposes. (“Object of Offer”)
The offer for sale comprises of equity shares of face value ₹ 1 each, aggregating up to ₹3,900 million [₹390 crore] by Accel India IV (Mauritius) Limited, aggregating up to ₹1,730 million [₹173 crore] by Bessemer India Capital Holdings II Ltd., aggregating up to ₹3,460 million [₹346 crore] by Elevation Capital V Limited (formerly known as SAIF Partners India V Limited), aggregating up to ₹3,030 million [₹303 crore] by Internet Fund V Pte. Ltd. and aggregating up to ₹2,160.00 million[₹216 crore] by VYC11 Limited. (the “Investor Selling Shareholders”)
Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Private Limited and JM Financial Limited are the Book Running Lead Managers to the issue. (The “BRLMs”)
The Urban Company IPO marks a significant milestone in the company’s growth journey and is expected to draw strong interest from both institutional and retail investors. As one of India’s leading home services platforms steps into the capital markets, the listing will not only broaden its financial base but also reflect the growing investor confidence in the consumer-tech sector.
