Shares of Urban Company Ltd. surged up to 8% on Wednesday, October 15, snapping a five-day losing streak that had dragged the stock below its listing price.
The stock, which had fallen nearly 12% over the last five sessions, touched an intraday low of ₹149.69, breaching its listing price of ₹162 per share. With today’s gains, Urban Company has regained ground and moved above its debut price once again.
At its lowest point on Tuesday, the stock was down 26% from its post-listing high of ₹201 per share.
The rebound comes just a day ahead of an important event — the expiry of its one-month shareholder lock-in period on Thursday, October 16. According to Nuvama Alternative & Quantitative Research, around 4.15 crore shares, representing 3% of the company’s outstanding equity, will become eligible for trade once the lock-in ends.
At current market prices, the unlocked shares are valued at approximately ₹651 crore. However, analysts clarified that the expiry of the lock-in period does not necessarily imply an immediate sell-off, as the shares only become eligible for trading.
Urban Company, which listed earlier this year at a premium over its issue price of ₹103, was among the standout IPOs of 2025 — with shares almost doubling in value shortly after debut before facing profit-taking pressure in recent weeks.
