Urban Company stock surge after SBI MF acquisition
Shares of Urban Company experienced a surge of nearly 16% following SBI Mutual Fund’s acquisition of an additional 4% equity stake. The transaction, executed through a series of block and bulk deals, is valued at approximately ₹632 Cr (around $76 million USD).
The stock reached an intraday high of ₹127.30 on the BSE before settling slightly lower, trading 14.11% higher at ₹125.35, giving the company a market capitalization of ₹18,328 Cr (about $1.98 Bn).
According to bulk deal data from the NSE, SBI Mutual Fund purchased 3.51 Cr shares at ₹109.85 per share and 2.25 Cr shares at ₹109.83 per share on the BSE. Prior to this transaction, SBI Mutual Fund held a 1.89% stake in Urban Company as of December 2025.
Concurrently, Wellington Hadley Harbor AIV Master Investors, DF International Partners II LLC, and ABG Capital offloaded shares totaling ₹734.4 Cr, representing 4.6% of Urban Company’s equity. ABG Capital 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 at ₹109.93 and ₹109.86, totaling 2.2% of the company’s stake worth ₹349.2 Cr.
The transactions occurred as the mandatory lock-in period for pre-IPO shares expired, with 66% of previously locked shares becoming tradable on March 17. Despite recent volatility, including a 52-week low of ₹100.70 on March 4, Urban Company maintains a dominant position in India’s home services market, holding an estimated 65% market share.
Urban Company, while reporting a net loss of ₹21.3 Cr in Q3 FY26, has shown sequential improvement, reducing its loss by 64% from the previous quarter. Operating revenue increased 33% YoY to ₹382.7 Cr in the same period.
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