Updater Services Ltd IPO

Listed Listed stocks

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

    50

  • No. of shares

    2,13,33,333

  • Fresh issue/OFS

    ₹400 Cr/₹2400 Cr

About The Company

No data found. Please visit the stock details page to know more about the company.

Read our in-depth analysis of the Updater Services Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    4.5x

  • NIIs

    1.4x

  • Retail

    1.4x

  • Others

    --

  • Total

    2.9x

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FAQs for Updater Services Ltd.

The issue size of Updater Services Ltd is ₹640.00 Cr.

Updater Services Ltd falls into Business Services & Supplies industry.

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

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

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

The listing date of Updater Services Ltd 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 Ltd total subscription ratio is 2.9X.

Key financial of the Updater Services Ltd are:


Updater Services Ltd 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) 380.89 340.43 285.26 239.33
RoE (%) 9.09 16.85 16.67 13.82