Urban Company made waves on Dalal Street when its IPO debuted, listing at almost 57-60% premium above issue price. The company’s IPO was priced at ₹98-103 per share, but shares opened around ₹162-163, and then climbed further up to ₹179, marking a nearly 74% surge on some exchanges.

The IPO size was about ₹1,900 crore, which attained overwhelming interest. Overall subscription went past 103 times, with institutional bidders (QIBs) leading at roughly 147 times, non-institutional at 77, and retail investors at about 41 times. Prior to listing, grey market premium (GMP) around ₹52 per share had foreshadowed a strong debut near ₹155.

For investors, experts suggest that while listing gain is very good, caution is needed. Booking profits partially early might be wise, and holding remainder for long term if one can tolerate volatility. A stop-loss around ₹120 was mentioned for those who got allotment. Also, for those who missed allotment, waiting to find a good entry when price dips later could be smart. The home services sector, in which Urban Company operates, is showing structural growth, and this IPO reflects faith in its long-term potential despite rich valuation.