243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Updater Services Limited

Updater Services Limited is an Corporate Solutions based company, located in Tamil Nadu, Updater Services Limited IPO size was 640.00 Cr. and was issued at 300.00 per share. The share of Updater Services Limited were listed at 283.85 per share and are currently trading at 399.25 per share.

Type :
Sub Sector : IFM And BSS Segment Having Integrated Business Services
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
2112.09 Cr.

PAT :
34.61 Cr.

Pricing Report

Issue Price :
300.00

Listing Price :
283.85

Current Market Price :
399.25

Issue Price vs CMP :
99.25 (33.08%)

listing Price vs CMP :
115.4 (40.66%)

Performance Report (CAGR* wise)

CAGR : 26.42
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

MainBoard IPO Details (at the time of IPO)

IPO Date :
Oct, 2023
IPO Size :
640.00 Cr.
Market Cap :
2001.00 Cr.   
Subscription :
2.96 X     
PE Multiple :
5.93
Merchant Banker :
Iifl Securities Limited

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FAQs

Updater Services operates in Corporate Solutions and IFM And BSS Segment Having Integrated Business Services. The Issue is listed on MainBoard in Oct, 2023. Updater Services IPO size was 640.00 Cr. with Issue price of 300.00 .

Merchant Banker(s) of Updater Services IPO: Iifl Securities Limited , Motilal Oswal Investment Advisors Limited , SBI Capital Markets Limited

Updater Services IPO subscription was 2.96 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Updater Services IPO listed at a listing price of 283.85 against the offer price of 300.00.

The current market price of Updater Services is 399.25.

Services

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Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

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