Urban Company IPO: Most Oversubscribed in India

Urban Company, India's largest home services marketplace, has created history on Dalal Street. Its 1,900 crore IPO was subscribed nearly 104 times, making it the most oversubscribed public issue among new-age Indian startups. The strong demand came from all investor categories, with qualified institutional buyers (QIBs) and high-net-worth individuals (HNIs) leading the rush. The IPO witnessed bids worth over 1.9 lakh crore against the issue size, reflecting massive confidence in Urban Company's business model and future growth potential. Urban Company, founded in 2014 by Abhiraj Bhal, Varun Khaitan, and Raghav Chandra, has rapidly scaled into India's go-to platform for beauty, wellness, home repairs, and cleaning services. The company reported robust growth in FY24, narrowing losses while expanding its partner base and service portfolio. With this stellar response, Urban Company has now surpassed the IPO records of other new-age startups like Nykaa (82x), Zomato (38x), and Mamaearth (7.6x), underlining strong investor appetite for tech-enabled consumer businesses. #urbancompany #IPO #risingstep #oversubscription #zomato #nykaa #retailinvestors

Urban Company just broke EVERY IPO record in India. And as an ex-VC, I need to tell you why this matters. Their IPO was subscribed a mind-blowing 104 times — the highest in India in 2025. For perspective: Zomato → 38x Nykaa → 82x Urban Company → 104x! That’s ₹1.14 lakh crore in demand… for a ₹1,900 crore IPO. Madness, right? Think of an IPO like an exclusive concert. The company sells tickets (shares) for people to attend. Urban Company offered ~10 crore tickets. They got 1,100 crore applications. That’s 100 people fighting for the same seat. So how does it work? Investors bid within a price range (₹98–₹103 here). If demand explodes, like in this case, shares are allotted by lottery or proportion. Now, here’s the spicy part 👇 Who bid like crazy? Big institutions → oversubscribed 140x HNIs → oversubscribed 74x Retail investors (you & me) → oversubscribed 39x Employees → oversubscribed 36x Across the board, everyone wanted a piece. So why does 104x really matter? 1) Market signal → Big institutions don’t throw money blind. Their due diligence = stamp of trust. 2) Pricing power → Oversubscription = raising at the top end. Urban Co. walked away with the full ₹1,900 crore. 3) Brand currency → Every headline in India screamed their name. Free marketing on steroids. The takeaway? This wasn’t just hype. It was a governance, branding, and distribution masterclass. If you learnt something new today, 1) Hit Follow Sayanee Bhowmik 2) Subscribe to my newsletter for deeper dives (Link in the comments) I’ll keep spilling secrets that most VCs and investors will never tell you. #UrbanCompanyIPO #IPO ##startup #startupindia #fundraising #vc #angels #IPO #exit #startuplessons

Urban Company, the Gurugram-based home services unicorn, just set an unprecedented benchmark in India’s IPO market, with its ₹1,900 crore offering oversubscribed nearly 104 times ahead of its September 17 stock market debut. The bidding window saw a deluge of 44.8 lakh applications for 1,106 crore shares—against an offer of just 10.67 crore—amid surging demand from qualified institutional buyers (QIBs, 140x bids), non-institutional investors (74x), and retail participants (39x). By comparison, recent IPO darlings Nykaa and Zomato were oversubscribed 82x and 38x, respectively, highlighting Urban Company’s runaway popularity. What’s fueling the frenzy? Investor appetite is anchored by Urban Company ’s robust technology-enabled marketplace and international footprint spanning India, UAE, Singapore, and Saudi Arabia. The fresh capital, raised at a price band of ₹98–103 per share (valuing the firm at ₹14,790 crore), is earmarked for scaling new tech, expanding cloud infrastructure, and intensifying marketing. The company’s profitability benchmarks and operational growth, compared to early-stage peers, helped trigger anchor investments worth ₹854 crore and strengthened market confidence—rendering the IPO an instant blockbuster. The ripple effect is already visible: analysts forecast a substantial grey market premium ahead of listing, with Urban Company shares trading at over ₹146, nearly 42% above the issue price. The IPO’s success signals a robust recovery in India’s tech listing pipeline and sets fresh expectations for late-stage unicorn exits. For founders, investors, and policy-makers, this listing reaffirms pent-up market demand for high-growth platforms with clear monetization strategies. For daily, sharp analysis of the biggest moves in the Indian business and startup ecosystem, follow StartupFox. #UrbanCompanyIPO #IPORecord #IndianStartups #UnicornFrenzy #INeedAnalysis #StartupFox

Urban Company, founded in 2014 by Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra, shattered Indian IPO benchmarks as its ₹1,900 crore public issue was subscribed nearly 104 times. This makes Urban Company the most oversubscribed IPO among new-age startups, eclipsing Nykaa’s 82X and Zomato’s 38X previous highs. The issue attracted bids worth over ₹1.9 lakh crore, driven by strong interest from institutional and high-net-worth investors. Credited to its expansive portfolio in beauty, wellness, cleaning, and home repairs, Urban Company demonstrated robust FY24 growth while narrowing its losses and expanding partner engagement. Its tech-enabled platform continues to attract millions of users and service partners nationwide, fueling investor confidence in long-term scalability. This record-breaking IPO cements Urban Company’s leadership in India’s startup ecosystem, highlighting powerful investor appetite for disruptive consumer businesses. Founders and executives across sectors are watching closely as Urban Company sets new benchmarks in market credibility and community trust. #UrbanCompany #IPO #DalalStreet #IndianStartups #BusinessGrowth #StartupNews #Founders #Entrepreneur #StartupIndia #StartupToday #Startup

Urban Company Becomes India’s Most Oversubscribed IPO with 104× Demand 🚀 . India’s largest home services marketplace has made history as its ₹1,900 crore IPO was oversubscribed a record-breaking 104 times, surpassing even the likes of Nykaa and Zomato. The frenzy is backed by strong fundamentals. In FY25, Urban Company clocked ~38% revenue growth and turned profitable with a ₹240 crore profit after years of losses. Beyond the numbers, the opportunity itself is massive. India’s home services market, worth over ₹60,000 crore, remains largely unorganized and ripe for disruption. With its tech-led and trust-driven platform, the company has built a scalable model that is expanding rapidly across Tier 2 and Tier 3 cities. No wonder investors are bullish. Qualified Institutional Buyers alone subscribed nearly 140×, while retail and non-institutional investors also showed overwhelming interest. At an upper-band valuation of ~₹15,000 crore (₹103/share), Urban Company has positioned itself as a frontrunner in reshaping everyday services, from home repairs and cleaning to beauty and wellness. But challenges remain. Competition is heating up, valuations are rich, and flawless execution at scale will be critical to sustaining momentum. Still, this IPO sends a clear signal. India’s consumer services sector is entering a new growth phase and Urban Company is leading the charge. Will this IPO inspire a wave of similar service-first consumer tech plays in India? Drop your thoughts below 👇 Follow GyanInfinet for more IPO insights, funding news, and India’s biggest growth stories 🚀 #GyanInfinet #UrbanCompany #IPO #IndiaBusiness #ConsumerTech #StartupFunding #StockMarket #IndiaStartups #GrowthStory #HomeServices #VentureCapital

The First profitable startup IPO and the highest listing day gains in India - hahha let's see. Headlines are shouting about Urban Company's first-ever profit. A ₹240 crore turnaround from a ₹514 crore loss. Impressive? --Let's look closer-- - The "profit" comes from a ₹211 crore deferred tax credit. - The rest, ₹29 crore, is from "other income," not the core business. This isn’t operational excellence. It’s financial engineering. The reality is that their core service business is losing money. - It runs at an 11% negative EBITDA margin. (Losing ₹11 for every ₹100 of business done.) Now, look at their ₹1,900 crore IPO. - Only ₹429 crore is for company growth. - A massive ₹1,471 crore (77%) is for early investors to cash out. This is not a growth IPO. It is an exit strategy for insiders. The valuation also defies logic. - They are asking for a steep 13x revenue multiple for 35% YOY Growth. - Zomato, growing twice as fast (at 80%+), trades at just 10x. Why pay more for a slower, loss-making business? And yes, their 80% customer retention is world-class. - But each customer only books 2-3 services per year. Low frequency puts a hard ceiling on profits and scalability. and their new key game - the 15-minute maid service - is an amazing idea, but it's going to bleed cash like QCOM before it even reaches a scale where we can discuss it. I absolutely love the business, and the founders, solving a difficult af problem in India, uniquely, hats off, but the numbers.. So, the big picture is clear. Urban Company is a beloved brand. - But its "profit" is paper-thin. - Its core business bleeds cash. - Its valuation outpaces faster peers. - And the IPO is designed for an exit. Did you chase the hype and put money into the 100x oversubscribed IPO?

Urban Company has created waves on Dalal Street with its ₹1,900 Cr IPO, which was oversubscribed 103X, surpassing even Zomato and Nykaa’s blockbuster listings. But for cofounder & CEO Abhiraj Singh Bhal, this milestone is “less about celebration and more about responsibility.” Bhal said the response was not a victory lap but a vote of confidence in what Urban Company could become in the future. The home services leader, recently crowned ET Startup of the Year 2025, is now preparing for its next phase of growth. This includes aggressive investments into its InstaHelp vertical—the 15-minute house-help category—while also strengthening other at-home services with a focus on quality, speed, and customer trust. Despite short-term ups and downs, Bhal stressed that the company is building with a 5–6 year horizon to become a much larger, profitable, and category-defining enterprise. #urbanCompany #StockExchange #overSubscribed #IPO #listedCompany #startupUpdates #startupro

Urban Company IPO closes with a record-breaking 104x subscription! 💡 What’s Happening: Urban Company, India’s leading home services marketplace, witnessed an overwhelming response as it received bids for 1,106.46 crore shares against just 10.68 crore on offer. 📌 Why It Matters: This massive oversubscription reflects strong investor confidence in India’s growing home services economy and Urban Company’s market leadership. 📈 Growth & Market Impact: - Subscription rate: 104x 🔥 - Backed by robust consumer demand for on-demand services - Strengthens India’s IPO momentum in the tech-enabled services sector Abhiraj Singh Bhal Raghav Chandra Varun Khaitan Vinit Kumar Sugandha Gupta Tarun Menon ✨ StartupLIT Take: Urban Company’s IPO success proves that India’s service economy is investment-ready and scaling globally. 🌍 👉 Do you think this sets the tone for more consumer-tech IPOs in India? #StartupLIT #IPOAlert #UrbanCompany #IndianStartups #MarketMomentum #HomeServices #InvestorConfidence

Bengaluru-based Wakefit, one of India’s leading home and sleep solutions brands, has received approval from the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO). The company aims to raise ₹468 crore through a fresh issue of shares, while existing shareholders will sell 58.4 million shares through an Offer for Sale (OFS). Among the major sellers, Peak XV Partners will offload 25 million shares, followed by Verlinvest, which plans to sell 10.2 million shares. Additionally, co-founders Chaitanya Ramalingegowda and Ankit Garg will dilute part of their holdings through the OFS. Founded in 2016, Wakefit has grown from a direct-to-consumer (D2C) mattress startup into a comprehensive home and sleep solutions company, offering a wide range of products that cater to evolving consumer lifestyles. The IPO approval marks a major milestone in the brand’s journey, reflecting strong investor confidence in India’s thriving consumer and D2C ecosystem. Wakefit’s public listing is expected to strengthen its market position and support future expansion in both domestic and international markets. #WakefitIPO #SEBINod #D2CIndia #ConsumerBrands #IPO2025 #Wakefit #HomeSolutions #SleepInnovation #IndianStartups #InvestorConfidence #MarketNews #MadeInIndia #cxolanes

Founder 52: Aadit Palicha didn’t just launch a startup. He rewrote how India shops for groceries — in 10 minutes flat. ⏱🛒⚡ 🎤 The Gap Nobody Saw Coming: For years, grocery delivery meant: ❌ Waiting hours or even days ❌ Sloppy logistics & missed slots ❌ Customers frustrated with unpredictability Aadit asked: “What if grocery delivery was faster than making Maggi? 🍜” ⚡ The Spark: At just 19 years old, after dropping out of Stanford, Aadit and his childhood friend Kaivalya Vohra came back to India during COVID. They saw one truth: urban Indians value time more than money. That insight birthed Zepto — India’s first 10-minute grocery delivery startup. 💡 The Bet: ⚡ Build a dark store network in dense urban clusters 📱 Optimize with data, routing, and inventory tech 💡 Focus on speed + reliability + consistency 🌍 Make grocery shopping so easy that it becomes habit, not luxury 🛠 What He Built (And Why It Mattered): 🏬 500+ dark stores across major Indian cities 📱 App with seamless UX for fast checkout & repeat orders 📦 Delivery under 10 minutes, consistently 🍎 Expanded beyond groceries into FMCG, essentials, and snacks 📈 Traction That Shocked Everyone: 🚀 $1.4B valuation in less than 2 years 🥇 Fastest-growing Indian startup of its era 💼 Massive adoption among urban millennials & GenZ 🛒 Millions of orders per month with industry-best repeat rates 🧬 His Edge: 🔥 Youngest unicorn founder in India ⚡ Obsession with speed, operations, and scale 🎯 Execution-first mindset: built like Amazon, scaled like Uber 🪞 The Big Lesson: Disruption doesn’t always need a new category. Sometimes, it’s about taking a daily habit and compressing time. That’s what Aadit Palicha did. He didn’t just build Zepto. He built India’s 10-minute economy. ⚡ 👉 Follow for Founder 53 — decoded through the investor lens. #Founder52 #AaditPalicha #Zepto #QuickCommerce #StartupIndia #UnicornJourney #10MinuteDelivery #Disruption #YoungFounder #InvestorLens