September 19, 2025

Urban Company is creating waves in the stock market! Just two days after its big debut, the company's shares have shot up almost 69% from the IPO price of Rs 103. On Thursday, the stock hit Rs 174 on the Bombay Stock Exchange, a sparkling jump that has investors buzzing: should they cash in now or hold tight for more gains? The stock opened at a dazzling Rs 162.25 on Wednesday on the NSE, showing a 57.52% premium over its issue price, and settled at Rs 166.83 – a massive rise of nearly 62%. By Thursday, the climb continued to Rs 174! This hot action comes after Urban Company's Rs 1,900-crore IPO, priced between Rs 98 and Rs 103 per share, attracted a staggering 103.63 times subscription. Institutional buyers liked it so much they subscribed 140.20 times! Retail investors also jumped in, chasing their slice of this booming business. The IPO included a fresh share sale worth Rs 472 crore and an offer for sale of Rs 1,428 crore, with early investors like Elevation Capital and Tiger Global selling part of their stakes. Before going public, the company secured Rs 854 crore from big names such as Government Pension Fund Global and SBI Mutual Fund. So, what makes Urban Company such a star? Formerly UrbanClap, it’s a tech-based marketplace offering home services like cleaning, plumbing, carpentry, and beauty services including grooming and massage. It’s not just India – the company also shines in the UAE, Singapore, and Saudi Arabia. Even more exciting, Urban Company recently turned profitable with a net profit of Rs 240 crore in FY25, a stunning turnaround from a Rs 93 crore loss the previous year. Plus, revenues climbed a healthy 36% to Rs 1,261 crore. Analysts have hot tips for investors. Shivani Nyati, Head of Wealth at Swastika Investmart, advises, “For those who received allotment, consider booking partial profit and hold rest for long-term gains with a stop loss of Rs 120.” Meanwhile, Gaurav Garg from Lemonn Markets Desk suggests short-term players can take quick gains, while long-term investors should hold on and watch for good buying opportunities. Though the stock’s valuation is high right now, experts feel upbeat about Urban Company’s strong grip on India’s Rs 6,000 crore home services market, which is mostly unorganised. Their skill to grow and explore new service areas paints a bright future. To sum it up, Urban Company’s stock story is packed with energy, profits, and promise. Investors have a spicy choice: book some profits now or ride the wave longer. Either way, the buzz around Urban Company isn’t cooling down anytime soon!

Read More at Economictimes →

Tags: Urban company, Ipo, Stock surge, Net profit, Market listing, Investor advice,