Urban Company IPO Date, Review, Price and Key Information

Urban Company Limited IPO is fully book build issue and total IPO size is ₹1900 crores. The offering includes a fresh issue worth ₹429 crores and an offer for sale of ₹1471 crores.

The dates for the Urban Company Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Urban Company Limited IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Urban Company Limited IPO has not been announced yet.

Registrar for this IPO is Mufg Intime India Private Limited and lead managers for Urban Company Limited IPO are Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Private Limited, Jm Financial Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹1 Per Equity Share
Total Issue Size	₹1,900.00 Crores
Fresh Issue	₹429.00 Crores
OFS Issue	₹1,471.00 Crores
Issue Type	Fresh Issue and Offer for Sale
Listing At	BSE, NSE

Share Reservation

Investor Category	Shares Offered
QIB	75%
Retail	10%
NII/HNI	15%

About Urban Company Limited Company

Urban Company operates a technology-driven platform for home and beauty services across 59 cities in India, UAE, Singapore, and KSA. In India, the company focuses on being the leading digital home service provider.

The UAE presents a ₹370-390 billion home services market, driven by beauty, wellness, cleaning, and cooks services, while Singapore's market is valued at ₹320-340 billion, with beauty & wellness and part-time maids dominating.

Urban Company's serviceable addressable market (SAM) in India's top 200 cities is estimated at ₹1,735 – 1,805 billion, primarily driven by middle and high-income consumers. The Indian home services market is projected to reach ₹8,220 – 8,350 billion by CY2029. Urban Company competes with the unorganized sector and other organized players with its full-stack approach.

Challenges include macro-economic conditions, competition from new online and offline players, and innovations in the industry that could make existing services redundant. Urban Company differentiates itself by providing standardized, reliable service experiences and empowering service professionals, on average earning 30-40% more than their peers.

Urban Company Limited Financial Details

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2150.95	1638.65	1631.22	1794.04
Revenue	846.02	828.02	636.60	437.58
Profit After Tax	242.60	-92.77	-312.48	-514.15
Net Worth	1781.28	1292.64	1339.46	1551.43
Reserves and Surplus	1781.26	1292.62	1339.45	1551.42
Total Borrowing	122.85	104.12	101.73	80.31

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
1.69	13.62	12.43

Offer Objectives

The Offer consists of a fresh issue of equity shares with a face value of ₹1 each, aggregating up to ₹42.90 crore, and an offer for sale of equity shares with a face value of ₹1 each, aggregating up to ₹147.10 crore by the selling shareholders.

The company aims to utilize the net proceeds from the fresh issue towards several key objectives. A substantial portion, ₹190 crore, is earmarked for new technology development and cloud infrastructure. Another significant investment of ₹70 crore is planned for lease payments for the company's offices. Furthermore, ₹80 crore is designated for marketing activities, enhancing the company's market presence.

The remaining funds will be allocated for general corporate purposes. The company may also consider a Pre-IPO Placement of specified securities aggregating up to ₹8.58 crore prior to filing of the Red Herring Prospectus with the RoC. The deployment of these funds is scheduled across fiscals 2026, 2027, and 2028.