Urban Company shares take a hit as lock-in ends

Business Dec 15, 2025

Urban Company's stock dropped around 6% on Monday after the lock-in period ended, allowing early investors to have the option to sell their shares.
About 41.5 million shares—roughly 3% of the company—became eligible for trade, valued at ₹534 crore based on earlier prices.

What's next? Analysts aren't too optimistic

Analysts think there could be more drops ahead: Morgan Stanley set a target of ₹117 and called it 'Underweight,' while Kotak suggested 'Sell' at ₹120.
Even after slipping to ₹125.70, the stock is still up 21% from its original issue price of ₹103, but it's fallen quite a bit since its debut high in 2025.
Investors are keeping an eye out for what happens next.