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Urban Company's shares jumped 16% post-lock-up, as major investors exited and SBI Fund bought in, despite a quarterly loss and year-to-date decline.
Urban Company's shares rose up to 16% on March 17, 2026, following the end of the pre-IPO lock-in period, with SBI Mutual Fund acquiring a 4% stake for ₹632 crore.
Major investors including DF International Partners II and Wellington Hadley Harbor exited, while ABG Capital reduced its holding, collectively selling 4.6% of equity.
The stock surged to ₹127.30 on the BSE amid heavy trading, though it remains down 16% year-to-date.
Despite a net loss of ₹21 crore in the December quarter due to investments in its InstaHelp service, revenue rose 33% year-on-year to ₹383 crore, and net transaction value grew 36% to ₹1,081 crore, driven by festive demand and expansion.
Las acciones de Urban Company aumentaron un 16% después del bloqueo, ya que los principales inversores salieron y el Fondo SBI compró, a pesar de una pérdida trimestral y una disminución anual.