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
| Event | Date |
|---|---|
| Anchor Book Open | September 9, 2025 |
| IPO Subscription Opens | September 10, 2025 |
| IPO Subscription Closes | September 12, 2025 |
| Share Allotment Day | September 15, 2025* |
| Listing Day | September 17, 2025* |
