Urban Company shares slide below IPO price after 50% fall from post

Urban Company shares slide below IPO price after 50% fall from post-listing high On March 17, Urban Company will see 940.9 million shares or 66% of its outstanding equity open up for trade. At the present market price, these shares are worth ₹9,642 crore. By Shloka Badkar Shares of Urban Company Ltd. slipped below their IPO price of ₹103 on Monday, March 2, 2026. The stock declined 4.3% to hit an intraday low of ₹102.48 on Monday. Last week, the stock declined for five consecutive trading sessions. It has fallen for seven out of the last nine trading sessions. Urban Company shares listed on the stock market on September 17, 2026 at a premium of around 60% from its initial public offering (IPO) price of 103 apiece. After its listing, the stock gained more than 95% to hit their post-listing high of ₹201.18 per share. The stock declined 49% from those levels in trade on Monday. This is an important month for the firm as there will be two instances of its shareholder lock-in period ending. On March 5, 7 million shares or 0.5% of its outstanding equity will become eligible for trade as its six-month post-listing lock-in period ends, according to Nuvama Alternative & Quantitative Research. At the present market price, these shares are worth ₹71.73 crore. On March 17, the bigger lock-in will end, where 940.9 million shares or 66% of its outstanding equity will open up for trade. At the present market price, these shares are worth ₹9,642 crore. Even as the shareholder lock-in period ends, it does not mean all the shares will be sold in the open market. They will only become eligible to trade. Shares of Urban Company were down 3.7% at ₹103.29 apiece around 12.10 pm. The stock has declined 15.5% in the past month. Also Read: IRFC shares slip below the ₹100 mark for the first time since January 2024 as sell-off extends