Updater Services Ltd IPO - Date, Price, GMP, Details

Updater Services IPO Details

Bidding Date

25-Sep-2023 to
27-Sep-2023

Issue Size

₹640 Cr

Price Band

₹280 to ₹300

Allotment date

04-Oct-2023

Listing date

04-Oct-2023

Lot size

No. of shares

2,13,33,333

Fresh issue/OFS

₹400 Cr/₹2400 Cr

Subscription Status

Name	Price Band (Rs)	Bidding Date
Speciality Medicines	117 - 124	20-Mar-2026 to 24-Mar-2026
Central Mine Planning & Design Institute	163 - 172	20-Mar-2026 to 24-Mar-2026
Highness Microelectronics	114 - 120	24-Mar-2026 to 27-Mar-2026
Amir Chand Jagdish Kumar (Exports)	201 - 212	24-Mar-2026 to 27-Mar-2026

FAQs for Updater Services IPO.

The issue size of Updater Services is ₹640.00 Cr.

Updater Services falls into Business Services & Supplies industry.

The Updater Services IPO will be listed on both NSE and BSE.

The open and close dates for the Updater Services are 25-Sep-2023 & 27-Sep-2023.

The price band for the Updater Services ipo is ₹280 to ₹300

The listing date of Updater Services IPO is 04-Oct-2023.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Updater Services total subscription ratio is 2.9X.

Key financial of the Updater Services are:

Updater Services	FY-23	FY-22	FY-21	FY-20
Revenue (₹ Cr)	2098.89	1483.55	1210.03	1314.89
EBIT (₹ Cr)	55.55	61.67	51.08	42.36
Proft after Tax (₹ Cr)	34.61	57.37	47.56	33.08
Debt (₹ Cr)	176.54	58.68	11.61	89.96
Net Worth (₹ Cr)	387.81	345.74	292.19	239.33
RoE (%)	8.92	16.59	16.28	13.82