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Updater Services IPO
₹283.90
−5.37% on listing
Listing-day close · NSE · 4 Oct 2023 · issue price ₹300
Updater Services’ ₹640 crore IPO was priced at ₹300 a share. It listed on the NSE on 4 Oct 2023 and closed its first day at ₹283.90, down 5.37% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹640 Cr
- Fresh issue
- ₹400 Cr
- Offer for sale
- ₹240 Cr
- Lot size
- 50 shares
- Minimum investment
- ₹15,000
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 2.10× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹2,001 Cr
- P/E (post-issue)
- 57.8
- ROE
- 9.40%
- ROCE
- 14.17%
- Debt to equity
- 0.46
- PAT margin
- 1.64%
- Promoter holding
- 80.58% → 58.46%
From the offer documents.
Listing
- Listing date
- 4 Oct 2023
- Issue price
- ₹300
- Open
- ₹285.00
- High
- ₹298.65
- Low
- ₹282.00
- Close
- ₹283.90
Listing day on the NSE. The close was −5.37% on the issue price.
UDS share price todayFAQs
When did the Updater Services IPO open and close?
It opened on 25 Sep 2023 and closed on 27 Sep 2023.
What was the Updater Services IPO price?
The price band was ₹280–300 a share. The final issue price was ₹300.
What is the lot size and minimum investment?
One lot is 50 shares, ₹15,000 at ₹300 a share. Retail investors apply in whole lots.
How much did Updater Services raise?
₹640 crore: ₹400 crore of new shares and ₹240 crore offered by existing shareholders.
How many times was the Updater Services IPO subscribed?
2.10 times overall.
How did Updater Services list?
It listed on the NSE on 4 Oct 2023 at ₹285.00 and closed the day at ₹283.90, down 5.37% on the ₹300 issue price.
Who is the registrar of the Updater Services IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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