On the final day of bidding, the issue was subscribed 103.63 times, | Photo Credit: Anushree Fadnavis
Shares of Urban Company LtdThe app-based beauty and home services platform, rallied over 70 per cent on the stock exchanges on tuesday, after listing at a significant premium over its initial public offering (IPO) Price of ₹ 103.
On the National Stock ExchangeThe stock opened at ₹ 162.25, a 57.5 per cent premium. It debuted at ₹ 161, reflecting a 56.3 per cent premium on the bse. Post-Listing, the stock scled over 70 per cent higher from the issue price to ₹ 179 Mark.
Bloomberg Reported that Prosus Nv Has more than doubled its stake in the company, ahead of listing, and is now one of the firm’s biggest sharehlders.
The biggest ₹ 1,900-Crore iPo Had received an overwhelming response during the subscription period. On the final day of bidding, the issue was subscribed 103.63 times, with bids for 1,106.44 Crore Shares Against 10.67 Crore Shares on Offer, According to nse data.
The successful Listing UndersCores Strong Investor Confidence in Urban Company’s business model and growth projects in the rapidly expanding home and beauty services sector in INDIA.
Prashanth Tapse, Senior VP (Research), Mehta Equites, Said That The Listing was Above Expectations. Despite the Listing Pop, Urban Company Presents a Compeling long-term structural story and can serve as a proxy for the growing demand in the home services segment across the people. “
Mehta equities continued to recommend allotted investors who can take Near-Term Risk to hold the stock from a long-term investment percent, keeping inderent market risks. “For non-allotted investors, a ‘wait-sand-watch’ approach is advisable to assess any post-listing Dip as a potential entry point.”
Shivani Nyaati, Head of Wealth at Swastika Investmart Ltd, Advised Investors who received Allotment to Consider Partial Profit and Hold rest for long-term Gains with Stop Loss of ₹ 120000.
Urban Company, Formerly Known as Urbanclap, is a leading tech-enabled home services platform offering a wide range of services, including beauty and wellness, Appliance Repairy, Cleaning, and Maintenance.
In FY25, Urban Company Logged a Revenue of ₹ 1,144 Crore, A 38 per cent yoy growth, and ₹ 240 Crore (a Significant Turnaraound from a ₹ 93 Crore Loss in Fy24, Nyati noted.
Published on September 17, 2025