Informative

Urban Company files draft papers to raise Rs 1,900 Cr in IPO; to boost cloud infra

Update / Judgement Date

28 Apr 2025

Source

YourStory

Author

Team — WCP Legal Desk

Reading Time

1 min read

Investment BankingSEBI & SCRAStart-Up & DPIIT

Urban Company has filed its draft papers for an IPO, which includes a fresh issue of shares and an Offer for Sale by investors like Tiger Global. This move signals the online home services platform's intention to go public, aiming to raise capital for expansion and provide liquidity to some of its existing shareholders. The IPO is a significant step for Urban Company as it seeks to capitalize on the growing demand for organized home services in India.

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Urban Company files draft papers to raise Rs 1,900 Cr in IPO; to boost cloud infra

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