Urban Company IPO Opens on September 10, Aiming to Raise ₹1,900 Crore

Urban Company’s highly anticipated initial public offering (IPO) is set to launch on September 10, 2025, and will remain open through September 12. The company is targeting a ₹1,900 crore raise, combining fresh issuance and an offer-for-sale by existing investors

Key IPO Details

• Price Band: Shares are priced between ₹98 to ₹103 each.
• Structure: The ₹1,900 crore includes a fresh issue of ₹472 crore and offer-for-sale (OFS) of ₹1,428 crore by early backers.
• Valuation: At the top end of the price band, Urban Company aims for a valuation of around $1.7 billion.
• Anchor Investors: The anchor book opens on September 9.

Why This IPO Matters

• Rare Tech Listing: It’s one of the few tech IPOs in India this year, generating strong market interest.
• Investor Windfall: Early investors like Accel and Elevation Capital stand to receive substantial returns, with multiples ranging from 2x to 29x.The Economic Times
• A Milestone Move: The IPO is a notable step for the home services platform, signaling investor confidence and supporting its expansion across geographies and verticals (India, UAE, Singapore).

IPO Timeline at a Glance