The share price of the company behind the largest home services platform in Asia is soaring.
On Monday, Urban Company Limited jumped to ₹123.29, up by 7.62% from the previous close of ₹114.56 . At the time of writing, the stock is changing hands for ₹122.24, up by 8.37% over the past five trading days and up by 18.65% over the past month.
1 Million Bookings in March
The stock rallies as Urban Company’s quick service vertical InstaHelp hit a milestone by surpassing one million delivered bookings in March with a few more days left before the month ends.
The number represents a significant increase from the 840,000 to 850,000 orders logged in February. The company said it recorded its highest single-day volume on February 22 with about 51,520 bookings.
“From Zero to a Million Happy Customer Bookings per month, in just 12 months. Testament to the grit and hard work of all our service professionals, who make daily chores for our customers easy,” said Urban Company business head Praful Parakh.
“This is another feather in the cap- for our mission to ensure that we at Urban Company- are Empowering Service Professionals to Deliver Home Services like never experienced before!”
‘Dignity of Labor’
Urban Company launched InstaHelp as a pilot in Mumbai in March 2025. The platform offers on-demand housekeeping services, which include cleaning, dishwashing, laundry and meal preparation within 10 to 15 minutes of booking. The service is now available in Mumbai, Bengaluru, Delhi NCR, Hyderabad and Pune.
The company said that the partners who provide the services earn between ₹150 and ₹180 per hour. They also receive free health insurance as well as on-the-job life and accidental insurance.
“At Urban Company, we firmly believe in the dignity of labor, and this principle will guide us as we expand this service—creating a true win-win for both our customers and service partners.ainable earnings for our partners and viable economics for our business,” the company said in a statement.
Source: https://coinpaper.com/15834/urban-company-share-price-jumps-as-insta-help-crosses-1-million-bookings-in-march
