Urban Company Share: SBI MF invested Rs 632 crore, shares became rocket, know what is the percentage increase?
Urban Company is an online marketplace, which provides home and beauty related services. Strong buying trend was seen in shares today. There was a tremendous rise in the stock after SBI Mutual Fund made a block deal of Rs 632 crore to buy shares of the company. Even before this deal, SBI Mutual Fund had shares of the company. As soon as the fund increased its stake, investors took it as a positive sign and started buying shares rapidly.
As a result, the stock price skyrocketed; While some investors took advantage of this gain, which led to a slight softening in the price, the stock still remains in a very strong position due to continuous buying at lower levels. Currently, the stock is trading at Rs 124.45 (Urban Company share price) on BSE, which shows a gain of 13.29%. During intra-day trading, it jumped as much as 13.34% to reach a high of 124.50.
What is the current stake of SBI Mutual Fund?
SBI Mutual Fund purchased shares of Urban Company worth Rs 632.2 crore. This purchase is about 4% of the total equity of the company. According to the data till December 31, SBI Mutual Fund already had 1.89% stake in the company.
It is worth noting that on Tuesday, a big block deal related to the shares of Urban Company took place, in which three institutions together sold about 4.6% of the total equity of the company. Among existing shareholders, DF International II Fund and Wellington Hadley Harbor sold their entire stake, while ABG Capital sold 1.2% of its 1.36% stake or 1.74 crore shares.
This block deal related to the shares of Urban Company happened at the same time when the six-month ‘lock-in’ period (period of ban on selling shares) for the company’s shareholders ended on Tuesday. According to Nuvama Alternative and Quantitative Research, by the end of this period there were 940.9 million shares which is 66% of the total equity.
How has been the journey of shares so far?
Urban Company’s Rs 1,900.24 crore IPO was open for subscription from September 10 to September 12, 2025. These shares, issued at a price of Rs 103.00, were listed on domestic stock exchanges on September 17 last year at a premium of about 57%.
Just days after the listing, the stock jumped to a record high of 201.00 on September 22, 2025, which meant that IPO investors were making more than 95% profits.
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