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September 25, 2023 - September 27, 2023

Updater Services IPO FAQ

Updater Services IPO Date & Price

The Updater Services IPO opens on September 25, 2023 and closes on September 27, 2023.

Updater Services IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 25, 2023
  • Bid/Offer Closes On: September 27, 2023
  • Finalization of Basis of Allotment: September 28, 2023
  • Initiation of refunds: September 29, 2023
  • Credit of Equity Shares: October 3, 2023
  • Listing Date: October 4, 2023

Updater Services IPO price is set at ₹300 per equity share.

Updater Services IPO will close for subscription at 5 PM on September 27, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Updater Services IPO starts on September 25, 2023. The issue ends on September 27, 2023.

Updater Services IPO Issue Size and Subscription Status

The Updater Services IPO size is 21333333 Equity Shares of ₹10 aggregating up to ₹640.00 Cr.

Updater Services Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Updater Services IPO shares through the banks (using ASBA) or through the broker (using UPI).

Updater Services IPO Offer Size

Qualified Institutional Buyers (QIB)6,400,000 Shares
Non-Institutional Investors (NII)3,200,000 Shares
Retail Individual Investor (RII)2,133,333 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size11,733,333 Shares

Updater Services IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)4.50 times times
Non-Institutional Investors (NII)0.89 times times
Retail Individual Investor (RII)1.45 times times
Employee Reservations times
Other Reservations times
Total Issue Size2.96 times times

Click here to check the Updater Services IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Updater Services IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Updater Services IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Updater Services IPO Allotment and Listing

The Updater Services IPO allot status will be available online on September 28, 2023. Check the Updater Services IPO Allotment Status here.

Click here to check Updater Services IPO Allotment Status.

Updater Services IPO listing Date is October 4, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Updater Services IPO listing date and time is published by the exchange in a circular.

Click here to view the Updater Services IPO Basis of Allotment.

It is hard to say at what price Updater Services IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Updater Services IPO shares will list on October 4, 2023 at BSE, NSE.

Updater Services IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Updater Services IPO which could help you with questions like Updater Services IPO buy or not? You should also read Updater Services IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Updater Services IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Updater Services IPO performance. The performance reports are available 1 day after listing.