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Urban Company IPO Price Band Fixed at ₹98-103 per Share; Issue to Open on Sept 10. Check Details
Urban Company aims to raise Rs 1,900 crore through IPO comprising Rs 472 crore fresh shares and Rs 1,428 crore offer for sale by investors including Accel India and Elevation Capital.
- Urban Company, a Gurugram-based mobile app platform for home and beauty services, fixed its IPO price band at ₹98-103 per share on September 3, 2025.
- On September 2, India’s market regulator granted approval for Urban Company’s IPO, enabling the firm to raise ₹1,900 crore through a combination of fresh issuance and offer-for-sale shares.
- The IPO subscription will open on September 10 and close on September 12, with anchor investor bidding on September 9, and the company plans to issue 472 crore fresh shares plus sell 1,428 crore from existing investors.
- Urban Company plans to use ₹190 crore for technology and cloud, ₹75 crore for office leases, ₹90 crore for marketing, and the rest for general corporate purposes, while retail investors must bid in lots of 145 shares costing about ₹14,935 minimum per lot.
- Urban Company expects to debut on the stock market on September 17, and the IPO allocation reserves 75% for institutional buyers, 15% for non-institutional, and 10% for retail investors, signaling investor interest with a ₹10 grey market premium.
12 Articles
12 Articles
Urban Company IPO price band fixed at ₹98-103 per share; issue to open on Sept 10. Check details
Urban Company IPO price band: Urban Company has announced the price band for its upcoming initial public offering (IPO), which is set to open for subscription next week on September 10. Urban Company IPO price band is set at ₹98 to ₹103 per share.
Urban Company Ltd ₹1900 Cr IPO to Open on Sept. 10, 2025
Price Band fixed at ₹ 98 to ₹ 103 per equity share of face value of ₹ 1 each (“Equity Share”);Bid /Offer will open on Wednesday, September 10, 2025 and close on Friday, September 12, 2025. The Anchor Investor Bidding Date shall be Tuesday, September 9 , 2025.Bids can be made for a minimum of 145 Equity Shares and in multiples of 145 Equity Shares thereafter. A discount of ₹ 9 per equity share is being offered to eligible employees bidding in the…
Urban Company, Shringar House of Mangalsutra IPOs From Sept. 10
Urban Company announced a RS 98 to RS 103 pricing band per Capital Action of RS 1 nominal value for the Public Offer of RS 1900 million rupees. Public offer is a combination of new problems worth 472 million rupees and an offer for the sale of RS 1428 million rupees by investors selling shareholders. The company proposes to use the net income of the new problem for the development of new technology and cloud infrastructure (RS 190 million rupees…
Urban Company IPO: Rs 1900 crore issue opens on September 10; GMP, price band
New Delhi: Urban Company, formerly known as UrbanClap, is coming up with an IPO (initial public offering) worth Rs 1900 crore. The book building is set to open for subscription from September 10 to September 12. As per the company statement, the bidding for anchor investors will open a day prior to the subscription, i.e., September 9. The public issue comprises a fresh issue of shares worth Rs 472 crore and an offer for sale (OFS) worth Rs 1428 …
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