New Delhi, 17 September (Read News). Online marketplace providing home and beauty services Urban Company Made a tremendous start in the stock market today and made its IPO investors a big profit. The company’s shares were released at an issue price of Rs 103 and listed at Rs 161 with about 56% premium on BSE and Rs 162.25 on NSE.

After the listing, he shared and climbed with strong support of shopping. It reached Rs 172.15 in business by 10:30 am. In this way, investors have closer so far Return of 67.14% Has found

The urban company’s IPO of Rs 1,900.24 crore was opened between 10 and 12 September and received a great response from investors. This IPO was subscribed to 108.98 times in total. In this, the post of qualified Institutional Buyers (QIB) is 147.35 times, non-institutional investors (NII) porch 77.82 times, retail investors ‘porusion 41.49 times and employees’ Porition 42.55 times.

Under this IPO New shares worth Rs 472.24 crore Was released and also with a face value of 1 rupee 13,86,40,774 shares Offers were sold through SAIL (OFS). The company has said that the amount raised will be used for new technology and cloud infrastructure acquisition, office lease payment, marketing and other corporate purposes.

Talking about the financial situation, the balance sheet of the company has been continuously strengthened in the previous years. In FY 2022-23 where the company Pure loss of Rs 312.48 crore It happened, while it decreased in 2023-24 92.77 crore rupees Has left The company made a great comeback in FY 2024-25 239.77 crore net profit Entered.

The company has also recorded a strong jump in revenue. It increased to Rs 1,260.68 crore from an annual compound rate (CAGR) of 31%. Meanwhile, the company’s reserve and surplus also increased to the end of FY 2024-25 2,646.12 crore rupees Reached