The first public offering (IPO) of Urban Company Limited will open on 10 September 2025, and will be open to subscription till 12 September 2025. The company has fixed the price range of the IPO between 98 and 103 per share of equity. The matter seeks to attract 1,900 crore in the form of a public contribution. Out of this, the fresh equity shares will be issued at 472 crore, and an offer-for-sale (OFS) will be made to the shareholders by 1,428 crore. IPO will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The lot shares of the IPO are fixed at 145 shares on an application basis. The outcome of the share allotment is anticipated by 13 September 2025, but it may be postponed to 15 September because of the weekend. Shares are likely to be listed on stock exchanges by 17 September 2025. The registrar of this public issue has been appointed as MUFG Intime India Private Limited.
Market observers indicate that Urban Company shares are being sold at an increasing premium in the grey market. The grey market premium (GMP) was 35 on 9 September 2025, compared with 28 on 8 September 2025. This premium indicates that investors are buying this product in large numbers, and it implies that investors will receive a listing gain of about 28%.
The GMP growth signifies that there is a good trend in the urban company business model and growth potential. The company is a technology-based, asset-light platform that links customers to trained service professionals. Urban Company focuses on quality and standardization through in-house training, operating procedures, and support tools. These have contributed to higher earning potential among service providers on the platform, who are said to gain 30-40% more than their non-platform counterparts, as recent reports in the industry have put it.
The Urban Company has shown significant financial growth in the Financial year 2025, as revenue has grown by 38% and is 1,144.5 crore. The firm recorded a profit of 240 crores, which was a turnaround from the previous Financial year's loss of 93 crores. The total revenue includes product sales, which comprise approximately 26% of the total revenue, and is diversified and limited to service transactions.
The company is scalable and has a hyperlocal service platform that uses technology and standardization to solve market inefficiencies. Due to its geographic expansion and innovative services, Urban Company will benefit from the increased demand for home services in India and foreign markets.