The Urban Company IPO is scheduled to open on September 10, 2025, and close on September 12, 2025. Here are the key details:
IPO Details
- Price Band: ₹98 to ₹103 per share
- Issue Size: ₹1,900 crores, comprising a fresh issue of ₹472 crores and an offer for sale of ₹1,428 crores
- Lot Size: 145 shares, with a minimum investment of ₹14,935
- Listing At: BSE and NSE
- Expected Listing Date: September 17, 2025
Investment Details
- Retail Quota: 10% of the total issue size
- QIB Quota: 75% of the total issue size
- NII Quota: 15% of the total issue size
- Minimum Application Amount: ₹14,935 for one lot of 145 shares
Company Overview
Urban Company is a technology-driven marketplace offering home and beauty services through a network of trained professionals across 59 cities in India, the UAE, Singapore, and Saudi Arabia. The company plans to utilize the IPO proceeds for:
- Technology Development and Cloud Infrastructure: ₹190 crores
- Lease Payments: ₹75 crores
- Marketing Activities: ₹90 crores
- General Corporate Purposes: ₹89 crores
Grey Market Premium (GMP)
The current GMP for Urban Company IPO is ₹19 per share, with some sources indicating a potential listing gain of around 18.45% over the upper price band of ₹103 .