About Urban Company:
The company operates a technology-driven, full-stack online marketplace offering quality services and solutions across various home and beauty categories. As of June 30, 2025, it operates in 51 cities across India, the United Arab Emirates, and Singapore, excluding cities served by its joint venture in the Kingdom of Saudi Arabia. The platform allows consumers to easily access services such as cleaning, pest control, skincare, massage, appliance repair, handyman support, on-demand home-help, painting, and wall décor, provided by trained, independent professionals. It has also launched the ‘Native’ brand, offering water purifiers and electronic door locks manufactured by third-party partners.
About the Industry in which Urban Company operates:
The home services market in India is a growing sector focused on improving convenience and quality of life for households. It encompasses both traditional and modern services, ranging from basic household tasks to specialized professional offerings. Historically dominated by unorganized local vendors, the market faces challenges such as inconsistent availability, pricing, service quality, and after-service support, resulting in varying customer satisfaction. This creates an opportunity for technology-driven platforms to standardize services, enhance demand-supply matching, and offer better earnings and benefits to service professionals through a more transparent and efficient alternative to conventional methods.
| Important Information and Timelines of the IPO of Urban Company: | |
|---|---|
| Open Date | 10 September 2025 |
| Close Date | 12 September 2025 |
| Total Issue Size – Number of Shares | 184466018 |
| Minimum Bid Price | 98 |
| Maximum Bid Price | 103 |
| Lot Size | 145 |
| Basis of Allotment | 15 September 2025 |
| Initiation of Refunds and Credit of Shares to Demat | 16 September 2025 |
| Listing Date | 17 September 2025 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Urban Company:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 145 | 14935 |
| Retail – Maximum | 13 | 1885 | 194155 |
| sHNI – Minimum | 14 | 2030 | 209090 |
| sHNI – Maximum | 66 | 9570 | 985710 |
| bHNI – Minimum | 67 | 9715 | 1000645 |
Objective of the IPO of Urban Company:
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Investments in new technology development and cloud infrastructure.
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Lease payments for office spaces.
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Marketing activities.
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General corporate purposes.
Financials of Urban Company:
| Particulars | Three months ended June 30, 2025* | Three months ended June 30, 2024* | Year ended March 31, 2025 | Year ended March 31, 2024 | Year ended March 31, 2023 |
|---|---|---|---|---|---|
| Equity share capital | 489.77 | 0.18 | 489.77 | 0.17 | 0.17 |
| Revenue from operations | 3,672.67 | 2,808.56 | 11,444.65 | 8,280.18 | 6,365.97 |
| Restated profit / (loss) | 69.38 | 126.21 | 2,397.65 | (927.72) | (3,124.84) |
| Restated earnings per share | |||||
| - Basic (in ₹ per equity share) | 0.05 | 0.09 | 1.66 | (0.66) | (2.25) |
| - Diluted (in ₹ per equity share) | 0.05 | 0.09 | 1.65 | (0.66) | (2.25) |
| Net asset value per share | 12.48 | 9.80 | 12.46 | 9.19 | 9.64 |
| Net worth | 18,296.75 | 13,896.21 | 17,958.21 | 12,926.41 | 13,394.62 |
| Total borrowings | - | - | - | - | - |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Urban Company. You will receive a UPI mandate after 10:00 AM on 10 September 2025.
###1. How to apply for the IPO of Urban Company on Dhan?
You can apply for the IPO of Urban Company from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Urban Company be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 16 September 2025. However, you will be able to see the shares of Urban Company on Dhan before the market starts on the listing date which is 17 September 2025.