Urban Company Ltd - IPO

Urban Company Ltd IPO Details

Initial public offering of 184,489,255 equity shares of face value of Re.1/- each (equity shares) of Urban Company Limited (formerly Urbanclap Technologies India Limited) (company or issuer) for cash at a price of Rs.103/- per equity share (including a share premium of Rs.102/- per equity share) (the offer price) aggregating to Rs. 1900.00 crores (the offer) comprising a fresh issue of 45,848,481 equity shares aggregating to Rs. 472.00 crores (the fresh issue) and an offer for sale of 138,640,774 equity shares aggregating to Rs. 1428.00 crores (the offer for sale), comprising an offer for sale of 37,864,077 equity shares aggregating to Rs. 390.00 crores by Accel India IV (Mauritius) Limited, 16,796,116 equity shares aggregating to Rs. 173.00 crores by Bessemer India Capital Holdings II Ltd., 33,592,233 equity shares aggregating to Rs. 346.00 crores by Elevation Capital V Limited (formerly known as Saif Partners India V Limited), 29,417,475 equity shares aggregating to Rs. 303.00 crores by Internet Fund V Pte. Ltd. and 20,970,873 equity shares aggregating to Rs. 216.00 crores by Vyc11 Limited (collectively, the investor selling shareholders or the selling shareholders and such equity shares offered by the investor selling shareholders, the offered shares).

Objective of issue

Expenditure for new technology development and cloud infrastructure. Expenditure for lease payments for its offices. Expenditure towards marketing activities. General corporate purposes.

Urban Company Ltd Contact Details

Urban Company Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@urbancompany.com

Website - www.urbancompany.com