Wed Sep 17 03:50:00 UTC 2025: Okay, here’s a summary and rewritten version of the provided text as a news article:

**Summary:**

The Indian markets are buzzing with the debut of Urban Company on the BSE and NSE. The IPO was heavily oversubscribed, indicating strong investor confidence in the home services platform. Experts advise investors to hold the stock for the long term. Alongside Urban Company, Shringar House of Mangalsutra is also listing. The overall market sentiment is positive, with Sensex and Nifty expected to extend gains, driven by optimism surrounding US Federal Reserve policy and US-India trade talks.

**News Article:**

**Urban Company Makes Stellar Market Debut; Sensex & Nifty Poised for Gains**

**Mumbai, September 17, 2025** – Urban Company, a leading tech-enabled home services platform, has officially listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) today, marking a significant milestone for the company and the Indian IPO market. The listing follows a massively successful IPO that was oversubscribed by over 100 times, reflecting strong investor demand for the company’s shares. Pre-market trading saw Urban Company shares trading at ₹160 in BSE. Grey market premiums had indicated a potential listing price significantly above the IPO price, fueling anticipation for a strong opening.

The ₹1,900-crore IPO comprised a fresh issue of shares and an offer for sale from existing investors, including Accel, Elevation, and Tiger Global. The funds raised will be allocated to marketing, technology upgrades, and lease payments.

Experts suggest investors hold onto their shares for long-term growth.

“Beyond an expected listing surge, Urban Company represents a solid long-term structural story, acting as a proxy for the expanding home services market,” says Prashanth Tapse of Mehta Equities.

**Jewellery Firm Also Debuts**

Joining Urban Company on the bourses today is Shringar House of Mangalsutra, a jewellery firm. Their IPO also attracted substantial interest, being oversubscribed over 60 times.

**Market Optimism**

The positive market sentiment extends beyond these listings. Indian benchmark indices, Sensex and Nifty, are expected to continue their upward trajectory, driven by optimism around the US Federal Reserve’s upcoming policy decision and progress in US-India trade negotiations. GIFT Nifty indicates a positive opening.

Analysts note that a decisive move above 25,250 for the Nifty could pave the way for further gains.

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