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Updater Services Limited
Company websiteUpdater Services Limited — Issue: ₹2,13,33,333 cr, Fresh: ₹1,33,33,333 cr, OFS: ₹80,00,000 cr.
Total shares on offer: 50. Apply from 25-09-2023 to 27-09-2023. Consider your investment horizon — IPOs can be volatile on listing day.
Start Date25-09-2023
End Date27-09-2023
Listing Date04-10-2023
Allotment Date30-09-2023
Current Price₹285
GMP₹0 (0.00%)
Lot Size50 Shares
Subscription2.9 Times
Face Value₹10 per share
Listing atNSE, BSE
Issue Price₹280 - ₹300
Pre Issue₹5,33,69,355
Post Issue₹0
Issue Size₹2,13,33,333
(aggregating up to 640.00 Cr)
(aggregating up to 640.00 Cr)
Fresh Issue₹1,33,33,333
(aggregating up to 400.00 Cr)
(aggregating up to 400.00 Cr)
Offer For Sale₹80,00,000
(aggregating up to 240.00 Cr)
(aggregating up to 240.00 Cr)
The Grey Market Premium (GMP) for Updater Services Limited is currently around ₹0 (0.00%). This indicates an estimated listing price of approximately ₹280 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
06 Nov 2025, 08:50 | ₹300 | ₹0 | ₹300 (0.00%) |
18 Mar 2025, 12:35 | ₹300 | ₹0 | ₹300 (0.00%) |
Financials overview In Crores
Here is a quick look at the recent financial performance of Updater Services Limited . The numbers below ( In Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Values |
|---|---|
EPS | 6.77 |
ROE | 9.40 |
ROCE | 14.17 |
RONW | 9.34 |
PRE IPO(PE) | 44.31 |
POST IPO(PE) | 57.8 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹192.86 | 864.43 | 4.48 |
RETAIL | ₹66.86 | 92.59 | 1.38 |
HNIs 2+ | ₹33.43 | 16.93 | 0.51 |
HNIs 10+ | ₹66.86 | 68.3 | 1.02 |
Total | ₹360.01 | 1042.25 | 2.90 |
The IPO reservation for Updater Services Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
Retail | 10.00% | 21,33,333 |
NII(HNI) | 15.00% | 31,99,999 |
QIB | 75.00% | 1,60,00,001 |
TOTAL | 100.00% | 2,13,33,333 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 50 | ₹15,000 | |
sHNI | 14 | 700 | ₹2,10,000 | |
bHNI | 67 | 3,350 | ₹10,05,000 |
Below you can find the official contact details of Updater Services Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: compliance.officer@uds.in
Phone: +91 44 24963234
Website: https://www.uds.in/
Address: No. 2/302-A, UDS Salai, Off Old Mahabalipuram Road, Thoraipakkam, Chennai 600 097, Tamil Nadu, India