Urban Company IPO Subscription Status

The Urban Company IPO witnessed a strong debut on Day 1, receiving an overall subscription of 3.29 times by 5:00 PM on 10 September 2025.

• Qualified Institutional Buyers (QIB): 1.37x
• Non-Institutional Investors (NII): 4.37x
• Retail Individual Investors (RII): 7.39x

By the close of the first day, the issue had received 33,45,33,705 bids against a total of 10,15,65,534 shares on offer.
This impressive response—particularly the high 7.39x retail participation—signals strong confidence from individual investors and steady interest from institutional players.

• Day 1 Subscription: 3.29x (robust start, with significant traction across all investor categories).

About Urban Company Limited

Founded in December 2014, Urban Company Limited is among the fastest-growing tech-driven online service marketplaces in Asia. The platform connects customers with skilled professionals for a variety of on-demand home and beauty services.

Key Services Offered:

• Home Maintenance: Cleaning, plumbing, electrical repairs, appliance servicing, and pest control.
• Beauty & Wellness: Salon services, spa and massage therapy at home.
• Specialized Products: Under its Urban Company Native brand, the firm has introduced home solutions like water purifiers, electronic door locks, and smart appliances, strengthening its product portfolio.

Global Presence:
As of June 30, 2025, Urban Company operates across 51 cities worldwide, including major markets in India, the UAE, and Singapore, in addition to cities covered under its Saudi Arabia joint venture, giving it a strong international footprint.

Empowering Service Professionals:
The platform is designed to enhance the livelihoods of service partners by providing:

• Training and Skill Development
• Tools & Equipment Support
• Financing and Insurance
• Digital Branding and Marketing Tools

The company averaged 54,347 active service professionals per month, reflecting a rapidly expanding partner ecosystem.

Urban Company Financial Highlights

Urban Company has displayed remarkable financial growth and a turnaround to profitability:

• Revenue: ₹1,260.68 crores in FY 2025 (up from ₹927.99 crores in FY 2024, a ~36% increase).
• Net Profit: ₹239.77 crores in FY 2025, a sharp recovery from a loss of ₹92.77 crores in FY 2024, showcasing operational efficiency and growing demand.
• EBITDA Margins: Improved significantly with scale, indicating better cost management and higher productivity.
• Active Users: A steady rise in repeat customers and new sign-ups, highlighting strong customer retention and market penetration.

This transition from losses to robust profits underlines Urban Company’s ability to monetize its platform and expand across geographies while maintaining cost discipline.

Urban Company IPO Grey Market Premium (GMP)

As of Wednesday, 10 September 2025, the GMP stands at ₹37, suggesting the shares are trading at approximately ₹140 in the grey market, representing a ₹37 premium over the issue price of ₹103.
This healthy premium reflects optimism for strong listing gains and the market’s positive outlook on the company’s long-term growth potential.