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The American firm, once earning millions of dollars from Facebook, has earned billions of rupees from the IPO of Urban Company this time. Here, Excel is being talked about, one of the initial investors of Urban Company. Who invested in this company in the initial stages. But after the introduction of the IPO, the value of the company's investment has been several hundred crores. This means that the American firm has received huge returns from the IPO of this company. The listing of Urban Company was seen in the stock market on Wednesday. The company started NSE at a premium of 57.52 per cent as compared to its Rs 103 issue price.

Excel had invested in this home services startup even more than a decade, and on an average, bought shares at a price of Rs 3.77 per share. Now the company is removing some shares of its share through this IPO. Whose value pre IPO was Rs 14.3 crore, which has gone up to Rs 390 crore with an IPO price band of Rs 103. This means that the company has got a return of about 27 times from this issue.

This is a small part of the story. Excel had invested a total of Rs 55 crore in the Urban Company, which shared 14.56 crore of the Urban Company. On the current IPO valuation, the company is slightly more than Rs 1,500 crore. Even after withdrawing a large amount of Rs 390 crore, it will have shares worth more than Rs 1,100 crore.

How much did you earn from Facebook's IPO

This is not the first time Excel has earned a hefty money from a company's IPO. Before that, Excel also made a hefty investment in Facebook. In 2012, Excel obtained a return of 800 times from Facebook's IPO. In India, the exit of the urban company has strengthened the portfolio of its domestic winners, where it has also invested in non -listed companies such as Eko and Calt.Fit.

How much was IPO size

The IPO of the Urban Company received a very good response. This issue was subscribed to 103.6 times. Most of the dialects came from qualified institutional buyers (QIB) and non-institutional investors. Urban Company's IPO included a new issue of Rs 472 crore and OFS of Rs 1,428 crore, including investors like Besmer India Capital, Elevation Capital and Tiger Global also reduced their stake. The company has recently come into profit. The company recorded a net profit of Rs 240 crore in FY 2025, while a year ago there was a loss of Rs 93 crore, while the revenue increased by 36 per cent to Rs 1,261 crore.

Seeing tremendous boom

By the way, the listing of Urban Company has been seen to be quite a bang. The company's issue price was Rs 103, while the stock of the company came to Rs 161 as soon as the stock market debuted. This means that the listing of the company was seen at a premium of more than 56 percent. The company's stock on BSE is trading at Rs 1.25 in the afternoon at Rs 166.65, which is trading up more than 3.50 per cent from the listing price. While the issue is seen trading at a premium of about 62 percent from the price. Currently, the company valuation is getting to see around 24 thousand crore rupees.