ListedMainboardUDS

Updater Services Limited

Updater Services Limited is a mainboard IPO raising ₹640 Cr at ₹280 – ₹300 a share. It listed on 9 Oct 2023 and trades at ₹210 today, −29.9% against its issue price of ₹300. It was subscribed 2.90× in total.

₹300
Issue price
₹210
Price now
−29.9%
Since issue price
9 Oct 2023
Listed on
2.90×Subscribed (final) · all exchanges

2.9 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Lead managers, and how their past issues have done

Median return since issue price across every IPO we hold this bank on. Not a forecast for this issue — a record.

Lead managerIPOs we hold them onOf which we can priceMedian return since issue
IIFL Securities Limited6054+42.1%
Motilal Oswal Investment Advisors Limited5452+12.3%
SBI Capital Markets Limited6557+10.1%

A bank appears on an issue we can price only when the company is matched to our price history, so the two counts differ. See the full league table →

Registrar

Contact them about allotment, refunds or unblocking your application amount — not the company, and not the exchange.

NameLink Intime India Private Limited
ContactShanti Gopalkrishnan
Emailuds.ipo@linkintime.co.in
Phone+91 810 811 4949