Update | March 18, 2026, 16:00 IST
Shares of Urban Company ended Wednesday’s trading session up 10.33% at ₹121.20 apiece on the BSE. Its market capitalisation stood at ₹17,788 Cr ($1.92 Bn) at the end of the day.
Original Story | March 18, 2026, 12:00 IST
Shares of Urban Company surged as much as 15.88% during the intraday trading today, hitting session’s high at ₹127.30 on the BSE after SBI Mutual Fund acquired an additional 4% equity stake through a series of block and bulk deals worth around ₹632 Cr.
The stock later pared some of the gains and was trading 14.11% higher at ₹125.35 on the BSE at 11:45 IST. The company’s market capitalisation stood at ₹18,328 Cr (about $1.98 Bn) at the time.
According to the NSE’s bulk deal data, SBI Mutual Fund purchased 3.51 Cr shares at ₹109.85 per share, while it acquired 2.25 Cr shares at ₹109.83 per share on the BSE.
On the selling side, Wellington Hadley Harbor AIV Master Investors, DF International Partners II LLC, and ABG Capital offloaded shares worth a combined ₹734.4 Cr, representing 4.6% of the company’s equity.
SBI Mutual Fund already held a 1.89% stake in the company as of December 2025. ABG Capital, which previously held 1.36%, sold 1.74 Cr shares at ₹109.85 each for ₹191.2 Cr, while DF International Partners II exited by selling 1.77 Cr shares for ₹193.9 Cr.
Wellington Hadley Harbor AIV Master Investors (Cayman) III sold 1.59 Cr shares each at ₹109.93 and ₹109.86, totalling 2.2% of the company’s stake worth ₹349.2 Cr.
The development coincided with the expiry of the mandatory lock-in period for pre-IPO shares, with 66% of previously locked shares becoming tradable on March 17. Urban Company recently hit a 52-week low at ₹100.70 on March 4 amid the negative sentiment in the Indian equities market due to the ongoing military conflict in West Asia.
Shares of Urban Company are down 16% year-to-date and 8% over the past month.
Urban Company is a leading player in the country’s fast-growing home services market, commanding an estimated market share of roughly 65%. It offers a wide range of services spanning home maintenance, beauty, and wellness.
On the financial front, Urban Company slipped into the red, posting a net loss of ₹21.3 Cr in the December quarter (Q3 FY26) as against a profit of ₹231.8 Cr in the year-ago period, as it continued to invest aggressively in scaling its quick housekeeping offering, InstaHelp.
That said, the company showed signs of improvement on a sequential basis, trimming its loss by 64% from ₹59.3 Cr in the September quarter. Operating revenue rose 33% YoY to ₹382.7 Cr in the December quarter.
Urban Company competes with Snabbit and Pronto in the on-demand home services market via InstaHelp. The two startups have been aggressively raising funds to take on Urban Company in the instant home services market.
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