Urban Company Ltd IPO
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Urban Company Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 1,844.66 L | ₹ 1,386.41 L | ₹ 184.22 L | ₹ 2,933.63 L | BSE | ₹ 1900 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 10 Sep, 25 | 12 Sep, 25 | 145 | ₹ 14,210 | Book Building | 17 Sep, 25 |
Urban Company Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 58.94x | 138167476 | 8143850760 |
| NII | 77.82x | 27633495 | 2150333760 |
| Retail | 41.25x | 18422330 | 759954860 |
| Employee | 42.58x | 242718 | 10334585 |
| Total | 59.98x | 184466019 | 11064473965 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Urban Company Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 1,144.47 | 828.02 | 636.60 |
| EBITDA | 143.51 | 52.43 | -108.14 |
| PAT | 290.02 | -11.19 | -161.36 |
| Total Assets | 921.29 | 960.30 | 423.58 |
| Share Capital | 49.36 | 0.40 | 0.02 |
| Total Borrowings | 340.43 | 447.64 | 144.12 |
| Operating Activities (Net Cash) | 322.37 | 20.62 | -134.75 |
| Investing Activities (Net Cash) | 1,573.42 | 1,174.30 | 1,356.90 |
| Financing Activities (Net Cash) | 340.43 | 447.64 | 144.12 |
| Net Cashflow | 546.15 | 492.04 | 275.82 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Urban Company Ltd
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.
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.
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 d'cor, 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.
Peer Comparison:
- No Listing Industry Peers
Urban Company Ltd IPO Key Points
Strengths
- 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.
Risk
- We have incurred net losses and negative operating cash flows in the past. If we are unable to generate adequate revenue growth and increase cost-efficiency, we 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 we are unable to continue to provide a satisfactory experience to our consumers, our business and reputation may be materially and adversely affected.
- We face intense competition from traditional offline players and due to low penetration of online services across the markets we serve, which may result in reduced demand for services on our platform or reduced number of service professionals signing up for our platform, resulting in a negative impact to our revenues and costs.
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.
- 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.
How To Apply for Urban Company Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
