URBANCO

Jan 23 (Reuters) - Urban Company Ltd URBN.NS:

• URBAN COMPANY - SEES ADJUSTED EBITDA LOSSES TO PERSIST IN NEAR TERM AS INVESTMENTS IN INSTAHELP CONTINUE

• URBAN COMPANY - EXPECTS CONSOL BUSINESS TO REMAIN LOSS MAKING FOR NEXT FEW QUARTERS

• URBAN COMPANY - AIMS FOR ADJUSTED EBITDA OF 10 BILLION RUPEES FOR CONSOL BUSINESS IN FY31

Source text: ID:nBSE3wt9DX

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** Shares of Urban Company URBN.NS drop as much as 5.8% to record low of 121.4 rupees

** Dip as ~41.4 million shares representing 2.9% stake of online home services provider became available for trading after pre-listing shareholder lock-in lifts

** More than 9.4 million shares traded, 1.9x the 30-day avg volume

** Stock down 38% from its peak of 201.18 rupees hit in late September

(Reporting by Nandan Mandayam in Bengaluru)

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Sept 29 (Reuters) - Urban Company Ltd URBN.NS:

• RECEIVES NOTICE FOR 513 MILLION RUPEES TAX

Source text: ID:nBSE7lhYt1

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Sept 17 (Reuters) - Shares of Indian home services platform Urban Company URBN.NS jumped 57.5% in pre-open trade on Wednesday, after its initial public offering drew bids worth 1.14 trillion rupees ($12.97 billion).

The stock listed at 162.25 rupees on the National Stock Exchange of India, compared with its issue price of 103 rupees.

(Reporting by Manvi Pant; Editing by Harikrishnan Nair)

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