New Delhi: Urban Company, India’s leading home services platform, is set to launch its Initial Public Offering (IPO) on September 10, 2025. The company aims to raise approximately ₹1,900 crore through a combination of a fresh issue and an offer for sale by existing shareholders.

The IPO comprises a fresh issue of ₹472 crore and an offer for sale of ₹1,428 crore. The price band has been fixed between ₹98 and ₹103 per share, valuing the company at around ₹15,000 crore at the upper end of the band. The face value of each share is ₹1.

For investors, the minimum lot size has been set at 145 shares, which translates to a minimum investment of ₹14,935 at the upper price band. Retail investors can apply for a maximum of 13 lots, amounting to ₹1,94,155. The IPO allocation is structured with 75 percent for Qualified Institutional Buyers, 15 percent for Non-Institutional Investors, and 10 percent for retail investors.

Key dates for the IPO include anchor investor bidding on September 9, the subscription period from September 10 to 12, allotment basis on September 15, refunds and credit of shares on September 16, and listing on the BSE and NSE on September 17, 2025.

Founded in 2014 as UrbanClap, Urban Company has grown into India’s largest home and beauty services platform, operating across 51 cities in India and international markets including the UAE, Saudi Arabia, and Singapore. The company connects customers with over 48,000 active service professionals offering services ranging from beauty treatments to home repairs.

Financially, Urban Company reported revenue of ₹1,260.68 crore in FY2025, up from ₹927.99 crore in FY2024, and a profit after tax of ₹239.77 crore, marking a turnaround from a loss of ₹92.77 crore in the previous fiscal year.

Industry experts say the IPO provides an opportunity to invest in a tech-driven home services platform with a strong market presence and growth potential. However, investors are advised to consider competitive pressures and regulatory risks before making investment decisions.