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Urban Company Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Urban Company Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹103

Per Share

Lot Size

145 Shares

Minimum Investment

₹14,935

Issue Size

₹1,900 Cr

Face Value

₹1

Per Share

IPO Type

Book Building

Retail Quota

35%

QIB Quota

75%

NII Quota

15%

IPO Timeline

Important dates for your applying strategy.

IPO Opens10 Sept
IPO Closes12 Sept
Basis of Allotment15 Sept
Refund Initiation16 Sept
Shares Credited16 Sept
Listing Date17 Sept
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)140.20x
Non-Institutional Investors (NII)74.04x
Retail Individual Investors (RII)39.25x
Overall Subscription103.63x

Urban Company Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

21.09%

Promoter Holding (Post-Issue)

20.43%

Issue Type

Book Building

ISIN

INE0CAZ01013

About the Company

Our Company operates a technology-driven, full-stack online marketplace for quality driven services and solutions across various home and beauty categories. We are present in 51 cities across India, United Arab Emirates and Singapore, excluding cities served by our Kingdom of Saudi Arabia joint venture, as of June 30, 2025. Our platform enables consumers to easily order services, including cleaning, pest control, skincare, massage, appliance repair, handyman, on-demand home-help, painting and wall décor, delivered by trained and independent service professionals at consumers' convenience. We have launched the `Native' brand offering water purifiers and electronic door locks manufactured by third-party contract manufacturers.

Industry Overview

The home services market in India is an evolving sector aimed at enhancing the convenience and quality of life for households. This market includes both traditional and modern service offerings, ranging from basic household chores to specialized professional services. The market has traditionally been dominated by unorganized local vendors and suffers from inconsistencies in availability, pricing, quality, and post-service support, leading to varying levels of customer satisfaction. This presents an opportunity for technology-driven platforms to standardize services, improve matching of demand and supply, and provide better earnings and benefits for service professionals by offering a more transparent and efficient alternative to traditional channels.

Company History

Our Company was incorporated as "UrbanClap Technologies India Private Limited", a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana situated at New Delhi, India on December 22, 2014. Subsequently, upon conversion of our Company into a public limited company, our name was changed to "UrbanClap Technologies India Limited" pursuant to a resolution passed by our Board dated January 21, 2025 and by our Shareholders on January 31, 2025, and a fresh certificate of incorporation was issued by the Registrar of Companies, Delhi and Haryana at New Delhi ("RoC") on February 13, 2025. The name of our Company was changed to "Urban Company Limited" pursuant to a Board resolution dated February 19, 2025 and a special resolution dated March 18, 2025 passed by the Shareholders, consequent upon which, a fresh certificate of incorporation dated April 2, 2025 was issued by the RoC.

Products & Services

  • The Company operates a technology-driven, full-stack online marketplace for quality driven services and solutions across various home and beauty categories.

Growth Strategy

  • Grow our consumer base.
  • Improving retention of existing consumer base and increasing consumer spend.
  • Launch new product and service offerings.
  • Invest in our technology stack to improve consumer experience, enhance service professional efficiency and drive cost savings.
  • Quicker fulfilment of services.

Customer Base

Wholesaler and Retailer

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Consolidated figures
Financial Performance Categories

Revenue

+87.9%vs FY24

Amount in ₹ crore

828
1,144
1,556
FY24FY25FY26

Profit After Tax (PAT)

Amount in ₹ crore

-92.8
240
-235
FY24FY25FY26

Total Assets

+47.4%vs FY24

Amount in ₹ crore

1,954
2,298
2,879
FY24FY25FY26

Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offering of 184,489,255 equity shares of face value of Re.1/- each ("equity shares") of Urban Company Limited (formerly Urbanclap Technologies India Limited) ("company" or "issuer") for cash at a price of Rs.103/- per equity share (including a share premium of Rs.102/- per equity share) (the "offer price") aggregating to Rs. 1900.00 crores (the "offer") comprising a fresh issue of 45,848,481 equity shares aggregating to Rs. 472.00 crores (the "fresh issue") and an offer for sale of 138,640,774 equity shares aggregating to Rs. 1428.00 crores (the "offer for sale"), comprising an offer for sale of 37,864,077 equity shares aggregating to Rs. 390.00 crores by Accel India IV (Mauritius) Limited, 16,796,116 equity shares aggregating to Rs. 173.00 crores by Bessemer India Capital Holdings II Ltd., 33,592,233 equity shares aggregating to Rs. 346.00 crores by Elevation Capital V Limited (formerly known as Saif Partners India V Limited), 29,417,475 equity shares aggregating to Rs. 303.00 crores by Internet Fund V Pte. Ltd. and 20,970,873 equity shares aggregating to Rs. 216.00 crores by Vyc11 Limited (collectively, the "investor selling shareholders" or the "selling shareholders" and such equity shares offered by the investor selling shareholders, the "offered shares").

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk Factors
  • Our multi-category, hyperlocal, home and beauty services marketplace benefits from network effects.
  • Established brand trusted by consumers.
  • Improved quality of service professionals through in-house training and access to tools and consumables.
  • Robust technology platform powering service fulfilment, consumer growth and service professional empowerment.
  • Innovation and product development capabilities.
  • The company has incurred net losses and negative operating cash flows in the past. If the company is unable to generate adequate revenue growth and increase cost-efficiency, the company may not be able to generate positive operating cash flows and maintain profitability in the future, and our viability as an operating business will be adversely affected.
  • If the company is unable to continue to provide a satisfactory experience to the company's consumers, the company's business and reputation may be materially and adversely affected.
  • The company faces intense competition from traditional offline players and due to low penetration of online services across the markets the company serves, which may result in reduced demand for services on the company's platform or reduced number of service professionals signing up for the company's platform, resulting in a negative impact to the company's revenues and costs.
  • If the company is unable to attract and retain service professionals on the company's platform, the company's platform will become less appealing.
  • The company's business may suffer if the company does not successfully manage its current and potential future growth, which may adversely impact the company's business and financial condition.

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
03

When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
04

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
05

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.
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