Main Board IPO Corner: Urban Company Limited

Urban Company Limited shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Wednesday, September 10, 2025. The total offer size of Equity Shares aggregating up to ₹ 1900 crore comprises of fresh issue aggregating up to ₹ 472 crore and Offer for Sale aggregating up to ₹ 1,428 crore by Selling Shareholders.

• Issue Opens: September 10, 2025
• Issue Closes: September 12, 2025
• Face Value: Rs 1 each
• Price Band: Rs 98 – 103 per share
• Lot Size: 145 Shares
• Listing: BSE & NSE

The Anchor Investor Bidding Date shall be Tuesday, September 9, 2025.  The Bid/Offer will open on Wednesday, September 10, 2025 for subscription and will close on Friday, September 12, 2025. The Price Band of the Offer has been fixed at₹ 98 to ₹ 103 per Equity Share. Bids can be made for a minimum of 145 Equity Shares and in multiples of 145 Equity Shares thereafter.

The Company proposes to utilise net proceeds from fresh issue of Equity Shares towards (i) Expenditure for new technology development and cloud infrastructure and the amount estimated to be ₹190 crore, (ii) Expenditure for lease payments for its offices and the amount estimated to be ₹75 crore, (iii) Expenditure towards marketing activities and the amount estimated to be ₹90 crore]and (iv) General corporate purposes.

The offer for sale comprises of equity shares of face value ₹ 1 each, aggregating up to 390 crore by Accel India IV (Mauritius) Limited, aggregating up to ₹1,73 crore by Bessemer India Capital Holdings II Ltd., aggregating up to ₹346 crore by Elevation Capital V Limited (formerly known as SAIF Partners India V Limited), aggregating up to ₹303 crore by Internet Fund V Pte. Ltd. and aggregating up to ₹216 crore by VYC11 Limited. This Equity Shares are to be listed on the BSE and the NSE.