SBI Mutual Fund Acquires 4% Stake in Urban Company Through Series of Bulk Transactions

SBI Mutual Fund Acquires 4% Stake in Urban Company

Key Highlights

• SBI Mutual Fund has acquired a 4% stake in Urban Company, a home services marketplace, through bulk deals executed on Tuesday.
• The fund house acquired 3.5 crore shares on the NSE at an average price of ₹109.85 per share and 2.2 crore shares on the BSE at ₹109.83 per share.

Share Sales

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• Multiple sellers, including Wellington Hadley Harbor AIV Master Investors, DF International Partners, and ABG Capital, offloaded 1.7 crore shares each, totaling 6.6 crore shares worth ₹349 crore.
• The sales followed the end of a six-month lock-in period for pre-IPO investors.

Lock-in Period Ends

• The six-month lock-in period for pre-IPO investors who had invested in Urban Company before its public listing in September 2025 ended on Tuesday, making up to 94.09 crore equity shares, or 66% of the company's outstanding equity, eligible for trading.

Impact on Share Price

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• Urban Company shares have been trending lower since listing, with a cumulative drop of 34% over the last five months.
• The stock made a strong market debut, listing at ₹162.3 per share, 57% higher than its issue price of ₹103, but failed to maintain momentum and is currently down by 45.54% from its peak.

Company Overview

• Urban Company operates a technology-driven, full-stack online services marketplace, providing quality services across various home and beauty categories.