Updater Services Limited

Updater Services Limited IPO

BSE, NSEClosed
Sep 25, 2023Open Date
Sep 27, 2023Close Date
TBAAllotment Date
Oct 4, 2023Listing Date

Subscription Details

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Retail1.38x
QIB4.48x
NIIs (Non-Institutional Investors)Main Category
0.85x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

0.51x

bHNI (> ₹10L)

Bids above ₹10L

1.02x

Overall Subscription

Total Bids Received

2.90x

Updated: 10 Jul, 06:09 pm

Updater Services Limited IPO Issue Details

Issue Price₹280-300 Per Equity Share
Face Value₹10 Per Equity Share
Listing AtBSE, NSE
Listing DateOct 4, 2023

Company Information

Updater Services Limited offers facility management services and business support services (BSS). The company operates in the Business-to-Business (B2B) services space offering a spectrum of business ...

Valuations

RoNW

9.34%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets1216.95874.57579.49
Total Revenue2112.091497.891216.35
Profit After Tax34.6157.3747.56
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Repayment and /or prepayment of certain borrowings availed by the Company.
  2. 2Funding the working capital requirements.
  3. 3Pursuing inorganic initiatives.
  4. 4General corporate purposes.

Updater Services Limited – Promoter(s)

Raghun
ana Tangirala
Shanthi Tangirala
Tangi Facility Solutions Private Limited

Contact Details

Updater Services Limited IPO Documents

Frequently Asked Questions — Updater Services Limited IPO

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