Urban Company Ltd, a major home services marketplace that started just one day ago in the Indian stock market, has already made its presence felt. Its shares in the equity were listed on the BSE under Scrip Code 544515 with effect from September 17, 2025. The listing not only opens new horizons of growth for the company but also presents a valuable occasion to retail investors.

Urban Company Ltd is a home services platform that is among the most prominent in India and has its base in Gurugram, Haryana. It is a service provider that matches the skills of the professionals with the expertise of customers looking for trustable services at home. The company’s primary sectors of activity are beauty, wellness, cleaning, repairs, and home maintenance besides food services.

Despite several hurdles, Urban Company has found ways to expand the Indian market to 30+ cities and international markets such as the UAE, Singapore, and Australia. It has attracted millions of active users who appreciate that it offers services of a standardized quality, employs verified professionals and garners the trust of customers.

The launch of the company’s IPO as well as the Bombay Stock Exchange (BSE) listing are proof that the company aims to make further progress without overlooking its financial presence in the Indian capital markets.

Urban Company BSE Listing: Key Highlights

• Effective Date: September 17, 2025

• Scrip Code: 544515

• Description: The shares are those of a “B” Group listed company.

• Exchange: BSE

• Notice Reference: 20250916 dated September 16, 2025

The initial public offering (IPO) was widely subscribed because the retail investor community was attracted to Urban Company’s scalable business model. The meaning of being part of the B Group Securities is that the Urban Company shares will trade in a specific category that guarantees market stability and transparency.

Also Read: Urban Company IPO Price Band Fixed at ₹98-103

Why the Urban Company BSE Listing Matters for Investors

The listing is an open door to new opportunities for the retail investors and means a company’s roadmap is now accessible to them. Here’s the significance of the event:

• Readily Available Markets: Urban Company shares can be bought and sold directly by retail investors on the BSE.

• High Expansibility Possibility: Although the company is operating in a fragmented sector of need, it is positioning itself for spectacular development.

• The Trust of the Brand: As a result of the strong customer base and the verified professional network, Urban Company is more likely to be trusted than an unorganized service provider.

• Digital Civilization-driven Strategy: Urban Company makes use of technology, AI-assisted scheduling and safe payments all of which contribute to the company’s efficient operation and long term profit-making capability.

Impact of Urban Company BSE Listing on the Market

A BSE listing of the Urban Company may become the chapter that initiates a whole series of startup gigs in India who are willing to take the road of public listings. What can be gleaned from this is that the investors’ choice will widen and the Indian capital market will become more varied beyond its traditional reliance on the likes of manufacturing and the banking sector.

Data shows that in the post-Covid-19 world, consumers have been showing a lot of interest in services and digital economy startups. For retail investors, the listing may provide one more fresh alternative in such an area.

Also Read: Urban Company Secures ₹450 Crore Pre-IPO Funding from SBI Mutual Fund and Permira

How Urban Company Fits into the Gig Economy Landscape

Urban Company has totally changed the way in which households use their services:

• Beauty & Wellness at Home: Everyone now can be beautiful and can also enjoy wellness at home that means beauty, wellness, spa, and health, all on-demand and at home.

• Cleaning & Repairs: Deep cleaning and appliance repair services are now being redefined via standardization and professionalization.

• Skilled Trade Access: Also, plumbers, electricians, and carpenters are now extremely easy people just taking a service or product through the utmost of technology.

The company earns money through revenue-sharing on a commission basis with the professionals and through subscription plans for regular services, which makes it a recurring revenue stream—an attractive feature for investors who are after stability.

Investor Sentiment Around Urban Company BSE Listing

It is absolutely true that the retail investors’ enthusiasm about the newly emerged stocks is one reason why it is early to measure performance in the long run. Moreover, ventures such as Urban Company, with its technologic, and asset-light model, generally, attracts backers who want to get involved in fast-growing consumer markets.

The real thing that will determine the success of the firm, though, is how it handles profitability, it faces the law, and fights the competition. However, what is worth mentioning is that through the Urban Company BSE list, the talks about the next tech-enabled consumer services IPOs in India have stirred up.

Also Read: Urban Company Posts ₹239 Cr Profit, Prepares for Blockbuster ₹1,900 Cr IPO

Retail Investors: What to Watch Next

• Share Price Stability: One of the things to be looked at is share price stability and before giving a verdict on that, price movement over the first few weeks after the listing must be observed.

• Quarterly Earnings: A lot of attention must be given to Urban Company s earnings reports and revenue growth.

• Expansion Plans: Firstly, future international expansion can be monitored and service diversification included as well.

• Regulatory Updates: In addition, interested investors may follow updates related to service tax, GST implications, and compliance.

A Forward-Looking Perspective

The BSE listing of Urban Company is not only a big step in financial terms but also is a sign that the Indian gig economy has advanced considerably. It presents retail investors with an opportunity to invest in a sector with huge potential in the next ten years.

Before the Bombay Stock Exchange newly listed, Urban Company will realize their best dreams if they can steadily improve service quality, focus on the development of young talents in the chosen profession, and meet the expectations of investors.

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Read the full article here: Urban Company BSE Listing 2025 – Shares Begin Trading — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

The IPO market this week is bustling with activity as 10 new issues open for subscription and alongside 7 listings on the bourses. With companies from tech, retail, metals, and real estate entering the market, investors are expecting a lively phase in India’s primary market.

India’s primary market is under the regulation of The Securities and Exchange Board of India (SEBI), and it is the main avenue for raising capital in the country. Through Initial Public Offerings (IPOs), businesses get the money directly from investors to increase production, pay off their liabilities, or spark creativity.

In 2025, the market will be characterized by strong presence from both institutional and retail investors. The momentum of this week keeps alive, offering various opportunities to invest.

IPO Market This Week: Key Highlights

10 new public issues with a worth of several thousand crores and 7 companies debuting on the exchanges will be seen by the IPO market this week. Moreover, these go in line with the mainboard IPOs and SME IPOs, reflecting balanced participation.

• Mainboard IPOs: Urban Company, Shringar House of Mangalsutra, Dev Accelerator

• SME IPOs: Krupalu Metals, Nilachal Carbo Metalicks, Karbonsteel Engineering, Taurian MPS, Jay Ambe Supermarkets, Airfloa Rail Technology, LT Elevator

With this pipeline, the hoop of interest is pulling the investors to all the sectors, be it consumer tech, retail, industrials, or infrastructure.

Mainboard IPOs Opening This Week

1. Urban Company IPO

Urban Company, a leading home and beauty services marketplace based in Gurugram, is raising ₹1,900 crore. The issue comprises a fresh one of ₹472 crore and a sale by early investors of ₹1,428 crore. The price range is set at ₹98–103 per share.

Also Read: Urban Company IPO Price Band Fixed at ₹98-103

The company is expected to utilize the new money for technology-related investment, expansion of geographical areas, and service innovation. As it is with other digital-first companies, one of the first things investors will be looking at in Urban Company’s IPO is customer acquisition cost (CAC) and lifetime value (LTV).

2. Shringar House of Mangalsutra IPO

Shringar House of Mangalsutra, a Mumbai-based company that designs and manufactures mangalsutras for multiple brands, is aiming at collecting ₹401 crore via a complete fresh issue of 2.43 crore shares, with a price band of ₹155–165 per share.

The money raised will go in the company’s hands to expand production facilities and brand development which will eventually help to tap the Indian jewelry market that is growing.

3. Dev Accelerator (DevX) IPO

DevX, a flexible workspace provider from Ahmedabad, is launching a ₹143.35 crore IPO to enter the mainboard. The company will sell 2.35 crore shares at the maximum price band of ₹61 per share.

Money raised will be used for the expansion of co-working, upgradation of technology infrastructure, and meeting working capital requirements. With the growing popularity of hybrid work models, DevX aims to attract corporate and startup clients not only in Ahmedabad but all over India.

SME IPOs in Focus This Week

This week, the IPO market has a full calendar of events on the SME platforms (NSE Emerge and BSE SME).

• Krupalu Metals: Brass and copper products maker is going public with an IPO of ₹13.48 crore at ₹72 per share.

• Nilachal Carbo Metalicks: The company specialized in the production of ferro alloy grade coke proposes to issue ₹56.10 crore equity shares at ₹85 each.

• Karbonsteel Engineering: The company wants to raise ₹59.3 crore with a price band of ₹151–159 per share.

• Taurian MPS: IPO launched to raise ₹42.53 crore at a price band of ₹162–171 per share.

• Jay Ambe Supermarkets: The retail chain under City Square Mart brand is going public with a ₹18.45 crore issue at ₹74–78 per share.

Also Read: Upcoming IPOs in September: Market Set for Action

• Airfloa Rail Technology: Indian Railways product supplier is issuing ₹91.1 crore worth of shares at ₹133–140 per share.

• LT Elevator: New issue of 50.48 lakh shares is scheduled to open on September 12.

The IPOs of these SMEs highlight how diverse the Indian market is becoming, allowing investors to access new businesses.

IPO Market This Week: Upcoming Listings

Besides the new issues, 7 companies are debuting on the stock exchanges:

• Amanta Healthcare (Mainboard) – September 9

• Rachit Prints (BSE SME) – September 8

• Goel Construction Company (SME) – During the week

Also Read: Goel Construction IPO Allotment Likely to Be Finalized Today

• Optivalue Tek Consulting (SME) – During the week

• Austere Systems (SME) – During the week

• Vigor Plast India (SME) – During the week

• Sharvaya Metals (SME) – During the week

These IPOs provide early indications of possible valuations and overall market conditions.

Investor Perspective

The sharp increase of IPO offerings on one hand and the market consolidating on the other, suggests that investor appetite remains strong. As a result, retail and institutional investors will be able to choose from safer or more risky options, depending on their risk tolerance and preferences. 

Some of the most important considerations perimeter for investors that this week play are:

• Initial public offering (IPO) fundamentals such as revenue growth and profitability.

• Valuation metrics against equivalent companies.

• Sectoral expectations, especially for consumer tech, metals, and retail industries.

• The subscription data that acts as a measure of how strong demand is.

For long-term investors, the IPOs this week may offer exposure to emerging leaders in niche markets, while short-term investors may focus on listing gains.

Professional Wrap-Up

It shows great strength of the Indian primary market to have the IPO activity so high and continuous, as is the case this week. With 10 IPOs scheduled to open and 7 listings lined up, we are witnessing one of the year’s most active periods. The combination of the mainboard giants, such as Urban Company, and of niche SMEs gives investors the opportunity to play across sectors and sizes.

The near time market emotion will largely depend on how far the offerings will be eagerly greeted, but it will also be a significant signal of the depth of capital markets as India continues its upward course.

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Read the full article here: IPO Frenzy: 10 Issues, 7 Listings — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Securities and Exchange Board of India (SEBI) signed off on 13 initial public offerings (IPOs), including Urban Company and BoAt’s parent Imagine Marketing, facilitating fresh fundraises of nearly ₹15,000 crore in the next few months.

SEBI IPO Approvals Drive Market Momentum

SEBI (Securities and Exchange Board of India), situated in Mumbai, is the market regulator that controls the securities and capital market of India. The main functions of the Company are to safeguard investor rights, manage the securities market, and promote the raising of funds through the issue of shares.

In performing its duties, SEBI is reported to have given a nod to 13 IPOs. The primary market is thus drawn into action, and there is a prospect of ₹15,000 crore of capital coming in.

Key Highlights of Approved IPOs

The list of IPOs just approved includes the names of prominent consumer-focused companies such as Urban Company, a rapidly growing Indian home services marketplace, and Imagine Marketing, the parent company of BoAt, the Indian leader in wearables and audio products.

Urban Company is aiming to gather about ₹1,900 crores through the issuance of a mix of new equity shares as well as an offer for sale. The company, which is backed by top investors, is completing its IPO preparations for the last week of this month.

Also Read: Urban Company IPO Price Band Fixed at ₹98-103

On the other hand, Imagine Marketing who went in for a confidential filing of the draft papers in April 2025 has officially got the approval for the second IPO after the company decided to ditch its 2022 plan. It is predicted that the public issue will be welcomed by a strong retail and institutional investor audience given the company’s position in the smart wearables and consumer electronics field.

The others that have found their name on the list SEBI clearance for are:

• Juniper Green Energy

• Jain Resource Recycling

• Ravi Infrabuild Projects

• Mouri Tech

• Allchem Lifescience

• Omnitech Engineering

• KSH International

• Pace Digitek

• Priority Jewels

• Corona Remedies

• Om Freight Forwarders

This is just about one of the most weeks with numerous IPO approvals in recent times.

Also Read: Upcoming IPOs in September: Market Set for Action

Growing Pipeline of IPO Approvals

Most of these companies submitted their draft red herring prospectuses (DRHPs) between March and June, showing the walk of India’s equity markets.

The jump in the number of given approvals happens when the primary market is very lively, and investors are very keen to participate. To exemplify, in August 2025 alone:

• 12 companies started trading on main exchanges.

• 34 SMEs were listed on SME platforms.

In July, 13 more companies went public on the main board.

As per the data from SEBI, there are over 70 companies such as Lenskart, Hero Motors, Indira IVF, and Canara Robeco Asset Management waiting for the nod to IPO. The combined potential of these firms to gather close to ₹1.4 trillion on approval is anticipated.

Implications for India’s Capital Market

The flood of IPO approvals sends the message that SEBI is striving for faster actions and is concentrated on not letting any queues of IPO resolutions. This step is sanctioned to raise money supply, diversify investors’ choices, and give firms the opportunity to expand their business.

The coming of such big names as the sister company of Urban Company and BoAt’s parent Imagine Marketing is bound to create a highly attractive basket of consumer, technology, and lifestyle stocks for investors.

IPO Market Outlook 2025

Projections from the industry point to a bright future for the Indian IPO market, reflected in:

• Growing participation of retail investors in the equity markets.

• Rising inflows of foreign institutional investments (FIIs).

• Range of sectors from renewables to technology.

• The demand for consumer and lifestyle brands such as BoAt is very strong and this trend will continue.

This will mark the primary market as a significant instrument for drawing capital for the remainder of FY25, with an unlocked fundraising potential of almost ₹15,000 crore through these 13 approvals.

Impact of Market and SEBI IPO Approvals

The SEBI IPO decisions from the regulator show that it trusts India’s capital markets very much. The regulator’s green light for companies such as Urban Company and BoAt’s parent carves out a large investor base and guarantees the continuity of capital raising in the next quarters.

The waiting list is never going to be empty, and there are more than 70 companies in the pipeline for IPOs, meaning that the SEBI IPO approvals will still be the main factor to drive the stock market in India, and this will make 2025 one of the years with the most capital raising activities in the country.

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Read the full article here: SEBI Approves IPO Proposals of 13 Companies — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

In a move to raise around ₹1,900 crore from the market, Urban Company has fixed its IPO price band between ₹ 98 and ₹ 103 per share. The company will raise funds through a combination of a new issue and an offer for sale. The issue will hit the market on September 10 and close on September 12.

Urban Company Limited is the leading Indian on-demand home and personal services full-stack marketplace, based in Gurugram, Haryana. It is a hardware-software services provider working in the consumer services sector powered by technology and offering the services of home maintenance, cleaning, pest control, plumbing, electrical works, appliance repair, and the beauty & wellness spheres.

Not only in India but also in 51 cities across the globe such as Singapore, and UAE, Urban Company is revolutionizing the way people repair their homes by rapidly expanding the footprint of its reliable digital-first platform, which is by far the easiest way to access quality and convenience at the right scale and time.

Urban Company IPO Price Band Announcement

Based on a disclosure to the exchange, Urban Company has decided the IPO price band per share to be in the range of ₹98 to ₹103. The IPO will start on Sunday, September 10, 2025, and will come to an end on Tuesday, September 12, 2025.

The company aims to raise around ₹1,900 crore if the issue is priced at the higher end of the price band. The total issue comprises a fresh issue of ₹472 crores and an offer-for-sale (OFS) of ₹1,428 crores.

IPO Details and Lot Size

Investors willing to take part in the upcoming Urban Company IPO (Initial Public Offering) are required to apply for a minimum of 145 shares, i.e. one lot, or in multiples thereof. Based on the price band, a retail investor will require at least ₹14,935 to subscribe to one lot.

Also Read: Urban Company Posts ₹239 Cr Profit, Prepares for Blockbuster ₹1,900 Cr IPO

The quota division for capital issues is given below:

• QIBs, or Qualified Institutional Buyers, will have a 75% allotment.

• Non-Institutional Investors (NIIs) get 15% of the priority sector quota.

• Retail investors are allotted 10 percent of the shares.

• Moreover, employees of the company meeting the necessary conditions will be allotted shares amounting to ₹2.5 crore.

The anchor book will be open on September 9, 2025, which is a day before the IPO.

Use of Funds Raised Through IPO

Urban Company has specified how the money from the new issue will be spent:

• ₹190 crore of the money will be allocated towards new technology and cloud infrastructure investments.

• ₹75 crore will go towards the payment of office space leases.

• ₹90 crore will be allocated towards advertising and brand building.

• The remainder will be used for general corporate purposes such as to invigorate the company’s balance sheet and support long-term growth.

These disbursements reflect the company’s plans to expand its operational scale, uplift the customer experience, and accelerate its digital transformation.

Urban Company IPO Price Band in Market Context

The news of the Urban Company IPO price band has excited the financial markets a lot. On the Indian stock exchanges, consumer-facing technology companies are currently in vogue, which makes this offering even more attractive.

Urban Company not only with its strong brand recall but also with its ever-growing customer base and diversified service portfolio is on the verge of turning this IPO into one of the most brilliant mainboard listings of 2025.

The level of interest in the offerings within the institutional and retail categories is being closely checked by market players, as the IPO is expected to be a true test of investor willingness to buy platform-based service models in India.

Business Model and Growth Potential

Urban Company’s business model centers around:

• Technology-first approach – making a booking of a service and delivery of the service operating smoothly via the web or mobile app.

• Professional partnerships – In this, the company is taking care of the tech and the marketing and is training and equipping independent professionals through user-friendly digital tools and offering easier access to credit.

• Customer convenience – Providing home and personal care categories services from start to finish.

The company will be able to take off successfully with the help of increasing urbanization, the rise in dual-income households, and the digital trend with people opting for e-services and with the way things are going Urban Company is really poised to take not only long term but huge growth opportunities both in India and abroad.

Grey Market Premium (GMP)

Currently, the Urban Company IPO GMP (grey market premium) stands at ₹10 per share which is the last time this figure was mentioned, indicating that the stock in the unofficial market is being sold at a premium of ₹10 per share over its issue price.

Also Read: Urban Company Secures ₹450 Crore Pre-IPO Funding from SBI Mutual Fund and Permira

The GMP is not an official gauge of the stock’s future performance, however, it represents investors expectations and their sentiments with regard to listing gains in the near term.

Why the Urban Company IPO Price Band Matters

It is crucial for investors, as they are looking for the right time to enter the market, to know that setting the Urban Company IPO price band between ₹98 and ₹103 per share was a wise decision. The aims of a balanced price range are:

• Ensure efficient institutional subscription.

• Allow retail investors the possibility of making a small investment along the way without compromising the buy-in price.

• Enable a smooth aftermarket performance with the stock price staying stable.

For them it is the question of betting on the growth that the Indian mobile sector is going to have in the future world and thus making a wise decision infused with great technological insight.

Outlook and Long-Term Strategy

The company’s future development plan is based on:

Bringing more possibilities to service categories in home and personal care areas.

Working on the company’s tech infrastructure (such as creating apps, websites, or customer service support) so that more customers can use services provided by the company.

Devoting the necessary resources to the education of the professionals who deliver the product or service with the goal of ensuring consistency and dependability.

Operating overseas in a way of locating rapid in-flow of customers and targeting countries with a vast potential for expansion of the company’s on the ground.

The company will utilize the funds it is to acquire through its IPO to amplify its competitive advantage by being more versatile, increasing scalability, and attracting long-term shareholder value.

Key Takeaways

The designation of the Urban Company IPO price band is a noteworthy landmark on the company’s path as it moves into the public domain. With an e-commerce platform that is top-notch in tech, a plethora of services, and expansion dreams that only the sky limits, Urban Company plans to make professionals the consumers when it comes to India as well as the rest of the planet.

Although whether the public offering will go well in the short run will be up to market sentiment, the IPO role players will still carry the torch and be part of the bright future that will be witnessed in one of India’s leading marketplaces in the tech-enabled and service-based sector.

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Read the full article here: Urban Company IPO Price Band Fixed at ₹98-103 — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

SBI Mutual Fund and global private equity firm Permira are set to invest ₹450 crore in Urban Company through a secondary share purchase, marking a significant pre-IPO funding move ahead of the company’s public listing later this year.

Urban Company, India’s largest tech-enabled home services marketplace, has attracted ₹450 crore in pre-IPO funding from SBI Mutual Fund and global private equity firm Permira. The investment comes through a secondary share purchase, with existing early-stage investors — including Accel, Bessemer Venture Partners, Tiger Global, and Elevation Capital — selling part of their stakes.

This capital move is seen as a strong signal of investor confidence in Urban Company’s business model and growth trajectory ahead of its much-anticipated Initial Public Offering (IPO) later this year.

Urban Company’s IPO Plans

Urban Company filed its Draft Red Herring Prospectus (DRHP) with SEBI in April 2025. The IPO comprises:

• Fresh Issue: ₹429 crore worth of new shares
  
• Offer for Sale (OFS): ₹1,471 crore from existing shareholders
  

The IPO will enable Urban Company to bring in fresh capital for expansion while also offering early investors partial exits.

Also Read: Urban Company Posts ₹239 Cr Profit, Prepares for Blockbuster ₹1,900 Cr IPO

Planned Utilisation of IPO Proceeds

The company plans to strategically allocate the IPO proceeds as follows:

• Technology & Cloud Infrastructure: ₹190 crore to enhance platform capabilities, AI integration, and cloud-based solutions to improve service efficiency and customer satisfaction.
  
• Office Expansion: ₹70 crore to set up and upgrade offices in key domestic and international markets.
  
• Brand Development & Marketing: ₹80 crore for campaigns across TV, digital, outdoor, and OTT platforms to increase brand penetration.
  
• General Corporate Purposes: Remaining funds will go towards operational efficiency, working capital, and selective strategic investments.
  

Strong Financial Growth

Urban Company has reported impressive financial growth in recent years:

• Revenue: Increased from ₹437.6 crore in FY22 to ₹828 crore in FY24
  
• Profitability: Achieved an adjusted EBITDA of ₹9.3 crore in the nine months ending December 31, 2024, marking a shift from losses in earlier years
  
• Net Profit: ₹242.3 crore for the same nine-month period
  

The company’s robust financial turnaround highlights effective cost management and operational scalability.

Market Position and Competitive Edge

Operating in 59 cities across India, the UAE, Saudi Arabia, and Singapore, Urban Company has established itself as the category leader in organised home services. Its competitive advantage lies in:

• Standardised Quality Control: Verified professionals and service guarantees
  
• Wide Service Range: Beauty, grooming, cleaning, appliance repair, and home maintenance
  
• Tech Integration: AI-driven service matching, partner training modules, and customer feedback systems
  

With growing demand for organised home services, Urban Company’s IPO is expected to draw strong institutional and retail investor interest.

Also Read: India’s Fintech Shake-Up: Jar’s Unexpected Path to Profit

IPO Timing and Market Context

The IPO is expected to hit the market in late 2025, a period when several consumer-tech companies are seeking listings amid reviving investor appetite for growth-oriented businesses with proven unit economics. The participation of domestic institutional investors like SBI Mutual Fund, alongside a global player such as Permira, is likely to enhance the company’s credibility ahead of the public issue.

Urban Company’s ₹450 crore pre-IPO funding round is more than just a financial transaction — it is a strategic milestone that strengthens its position for a successful public listing. With strong revenue growth, improving profitability, and expanding market reach, the company appears well-positioned to capture investor interest and sustain long-term value creation.

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Urban Company, a Gurugram, Haryana-based home services marketplace, reported a consolidated net profit of ₹239.8 crore in FY25, marking a turnaround from a ₹92.7 crore loss in FY24. The company, which filed for a ₹1,900 crore IPO in April 2025, also saw its revenue surge 38.2% to ₹1,144.5 crore, supported by India and international business growth, deferred tax assets recognition, and improved operational efficiency.

Urban Company, a leading home services marketplace based in Gurugram, Haryana, has reported a consolidated net profit of ₹239.8 crore for the financial year ending March 31, 2025, marking a sharp turnaround from a loss of ₹92.7 crore in FY24. The company also recorded a 38.2% year-on-year increase in revenue, totaling ₹1,144.5 crore.

Urban Company, which offers a wide range of home services including cleaning, grooming, appliance repair, and more, filed for a ₹1,900 crore initial public offering (IPO) in April 2025. The issue includes a ₹429 crore fresh issue and a ₹1,471 crore offer for sale by existing shareholders.

A significant contributor to Urban Company’s net profit was the recognition of deferred tax assets worth ₹211 crore. Operational efficiency and scaling in both domestic and international markets also played a crucial role. The company’s adjusted EBITDA turned positive at ₹11.1 crore, compared to a loss of ₹119 crore in FY24. Its profit before tax stood at ₹28.6 crore.

In India, the platform generated ₹881.4 crore in revenue, a 24.2% increase year-on-year. With over 45,600 active monthly service professionals, the majority of the company’s revenue—82%—came from repeat users. The average monthly earnings for service professionals stood at ₹26,407, with top performers earning up to ₹49,000.

Urban Company’s hardware division, Native, which focuses on smart home devices like RO purifiers and door locks, tripled its revenue to ₹116 crore. The vertical, launched in FY23, saw strong traction and contributed ₹155.5 crore in Net Transaction Value (NTV).

Its international business, primarily in the UAE and Singapore, posted a revenue of ₹147 crore—up 63.9%. While the UAE segment turned EBITDA positive with a ₹1.7 crore profit, the broader international operations saw an EBITDA loss of ₹36.8 crore. The company exited direct operations in Saudi Arabia, forming a 50:50 joint venture with local partner SMASCO.

Earlier in 2025, Urban Company transitioned into a public limited entity and executed a significant bonus share issuance at a 2,499:1 ratio to prepare for its listing.

Urban Company’s strong financial performance positions it as a key player among India’s consumer tech IPOs in 2025.

Read the full article here: Urban Company Posts ₹239 Cr Profit, Prepares for Blockbuster ₹1,900 Cr IPO — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).