Urban Company’s Stellar Debut, Fraud At MobiKwik & More

Urban Company Pops The Champagne

Urban Company has scripted the most spectacular startup IPO of 2025 so far. Shares of the hyperlocal services unicorn opened at INR 161 on the BSE, commanding a 56.3% premium over its issue price of INR 103. The NSE debut was equally strong, opening at INR 162.25, with a premium of 57.5%.

A Stellar Debut: The momentum continued throughout the day as its shares touched an intraday high of INR 179. However, it lost some of the gains to close the day at INR 167.05, still 62.2% above its issue price, and a market…