Mumbai, Dec. 15 -- The stock touched a fresh record low of Rs 121.45 during the session.
According to the media reports, around 4.15 crore shares, or about 3% of the company's equity, became eligible for trading following the lock-in expiry. Based on the previous closing price of Rs 128.75 per share, these shares are valued at roughly Rs 534 crore. However, the end of the lock-in does not necessarily mean an immediate sale of all unlocked shares, but only allows them to be traded.
Urban Company made its market debut on 17 September 2025, listing at Rs 161, a premium of 56.31% over the IPO price of Rs 103. The stock later climbed to a record high of Rs 201 on 22 September 2025 before reversing course. At current levels, the shares are do...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.