Strengths & Financials of Urban Company

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#249 : Bengaluru - 10 September 2025 at 9:45 am
Urban Company also sells water purifiers and electronic door locks under the brand name ‘Native’ to consumers in India and abroad. Products used by service professionals, such as tools and consumables, are procured by the company from select brands, some of which are manufactured exclusively for them.
The company has expanded its services to the UAE, Singapore, and the Kingdom of Saudi Arabia.
As of June 30, 2025, the company had operations in 51 cities, including 47 in India and the remaining in overseas markets.
Use of Proceeds:
The IPO consists of both a fresh issue and an offer for sale.​ Net proceeds from the offer for sale will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:​
 
Development of new technology and enhancement of cloud infrastructure - approximately Rs 190 crore.
Lease payments for office spaces - approximately Rs 75 crore.
Marketing activities - approximately Rs 90 crore.
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