Urban Company Ltd Logo

Urban Company Ltd IPO

BSELot: 145

LISTEDMAINBOARD
Issue Price103
Listing125.56
Current123
Price Band
98 - ₹103
Lot Size
145
Issue Size
₹1900.24 Cr
GMP
0
Subscription
3.29x

IPO Schedule

1
Open
10 Sept
2
Close
12 Sept
3
Allotment
15 Sept
4
Listing
17 Sept

About Urban Company Ltd

Urban Company Ltd. operates a tech-enabled home services marketplace connecting customers with service professionals. The company offers a wide range of services including beauty, cleaning, repairs, and home improvement, striving for quality and standardized service delivery.

Subscription Status

QIB
1.37x
NII
4.37x
Retail
7.39x
CategoryDay 3Day 2Day 1
QIB147.35x1.56x1.37x
NII77.82x19.15x4.37x
Retail41.49x18.67x7.39x
Total108.98x9.48x3.29x

Risk Factors

Dependence on service professionals and their availability.
Intense competition from other online and offline service providers.
Potential regulatory changes impacting the gig economy model.
Negative publicity or service failures could damage brand reputation.

Promoters & Management

The key management team of Urban Company includes Abhiraj Singh Bhal (Chairperson, Managing Director, and CEO), Raghav Chandra (Executive Director and Chief Technology and Product Officer), Abhay Krishna Mathur (Chief Financial Officer), and Sonali Singh (Company Secretary and Compliance Officer). The board of directors comprises eight directors, including three executive directors, one non-executive nominee director, and four independent directors. The independent directors are Ashish Gupta, Ireena Vittal, Rajesh Gopinathan, and Shyamal Mukherjee. The company has constituted various board committees, including the Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee, Corporate Social Responsibility Committee, and Risk Management Committee.