Everything you need to know about the Urban Company IPO

About

Urban Company is a technology-driven marketplace offering a wide array of home and beauty services through a network of trained professionals across 59 cities in India, the UAE, Singapore, and Saudi Arabia. The platform enables consumers to access services such as cleaning, repair, and personal care, along with assisting service professionals with training and resources. Recognised as the leading platform in India by the Redseer Report, Urban Company addresses the challenges of a fragmented market, ensuring quality and accessibility in the rapidly growing home services sector projected to reach US$97.4 billion by 2029.

IPO schedule

Issue open date 2025-09-10
Issue close date 2025-09-12
UPI mandate deadline 2025-09-12 (5 PM)
Allotment finalization 2025-09-15
Refund initiation 2025-09-16
Share credit 2025-09-16
Listing date 2025-09-17
Mandate end date 2025-09-29
Lock-in end date for anchor investors (50%) 2025-10-05
Lock-in end date for anchor investors (remaining) 2025-12-14

Financials

Financial Year Ended March 2023 March 2024 March 2025
Total Assets 1631.22 1638.65 2200.64
Revenue 726.24 927.99 1260.68
Profit After Tax -312.48 -92.77 239.77

Issue size

Funds Raised in the IPO Amount
Overall ₹1900 crores
Fresh Issue ₹472 crores
Offer for sale ₹1428 crores

Utilisation of proceeds

Purpose INR crores (%)
Technology development and cloud infrastructure 190(44.2%)
Lease payments 75 (15.88%)
Marketing activities 90 (19.06%)
General corporate purposes 117.1 (24.81%)

Strengths

  • The consumer-first approach has built strong market trust.
  • Transparent pricing improves user confidence and clarity.
  • Wide service range with quality-vetted professionals.
  • User-friendly apps drive a seamless customer experience.
  • A scalable model enables fast national and global growth.

Risks

  • Fair labour practices and worker welfare remain ongoing concerns.
  • Dependence on gig workers affects consistency and margins.
  • Data breaches pose serious cybersecurity and privacy risks.
  • Negative publicity can erode customer trust and brand value.
  • Changing gig economy laws may hinder operational flexibility.

Allotment Status for Urban Company

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Media coverage

2 Likes

This has been my pet peeve, where moderators posts “everything you need to know” and never include anything about valuation. I mean who really cares for valuation in an IPO … right?

Anyways, I am glad at least Chittorgarh has started putting out valuation, so pasting a snap

3 Likes

Hi @Akash_Shah , thanks for the feedback. We are reviewing and will include this. However, if you’re applying for an IPO through Kite, the Tijori IPO widget already shows this information.

Thanks @nithin_kumrr

I know there multiple ways of getting financial data of upcoming IPOs.
My question / concern was specific to this forum post, made by moderators.

How can you name a post “Everything you need to know …” and not include any financial ratios?
Also this is not the first time I have raised this. I have been complaining about this for a while :slight_smile:

So it appears, at least this forum moderators don’t think financial ratios should be part of everything you need to know.

I know I am being pushy with this, but maybe you all should name this section as “Some things you need to know …” instead of “Everything you need to know …” :slight_smile:

1 Like