Shardul Amarchand Mangaldas Advises Urban Company on ₹1,900 Crore IPO

Law firm Shardul Amarchand Mangaldas is providing legal counsel to Urban Company (formerly UrbanClap) for its upcoming ₹1,900 crore IPO.

The home services platform aims to list on Indian exchanges, leveraging the growing gig economy and digital service demand. The IPO will include a fresh issue of shares and an offer for sale by existing investors.

This landmark transaction marked the first listing of a home services provider on the Indian stock exchanges. This is also the most oversubscribed IPO among new-age companies in India, with overall demand exceeding 103x, including aggregate QIB demand of over 140x.