IPO Price History
Closed
US

Updater Services Limited IPO

Mainboard IPOListedUDSNSE
Current Market Price (CMP)
₹195.22(-34.93%)
Current Price (CMP)
₹195.22(-34.93%)

Live Market Quote

Listing Price & Gain
₹285(-5.00%)

Day 1 Exchange Open

IPO Issue Price
₹300

Band: ₹280 - ₹300

Total Subscription
2.9x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
25 Sept 2023
IPO Bidding Closes
27 Sept 2023
Allotment & Refunds
Completed
Exchange Listing Day
04 Oct 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 2.9x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)4.48x
Non-Institutional Investors (NII / HNI)0.85x
Retail Individual Investors (RII)1.39x
Total Subscription2.9x
Updated as on 27-Sep-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain-5.00%
₹300 (Issue) → ₹285 (List)
Per share profit: ₹-15.00
Holding Return (Till Date)-34.93%
₹300 (Issue) → ₹195.22 (CMP)
Net gain per share: ₹-104.78
Post-Listing Performance (Listing Day → Today):-31.50%

About Updater Services Limited IPO

Updater Services Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 25 Sept 2023 and concluded on 27 Sept 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹280 - ₹300.

During the bidding window, Updater Services Limited recorded an overall subscription of 2.9 times. Institutional investors (QIB) subscribed 4.48x, non-institutional high-net-worth investors (NII) subscribed 0.85x, and retail individual investors (RII) bid 1.39x their reserved quota.

The equity shares of Updater Services Limited officially debuted on the stock exchanges on 04 Oct 2023 at an opening listing price of ₹285, delivering a listing day return of -5.00% (discount) over the final issue price. As per the latest market data, the stock trades at ₹195.22, representing an overall decline of -34.93% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Updater Services Limited IPO?
The issue price of Updater Services Limited IPO was fixed at ₹300 per equity share. The indicative bidding price band was ₹280 - ₹300.
What were the open, close, and listing dates for Updater Services Limited IPO?
Updater Services Limited IPO opened on 25 Sept 2023, closed on 27 Sept 2023, listed on 04 Oct 2023.
How much was Updater Services Limited IPO subscribed?
The IPO received an overall subscription of 2.9 times. Category-wise, QIBs subscribed 4.48x, NIIs subscribed 0.85x, and Retail investors subscribed 1.39x.
What was the listing price and listing gain of Updater Services Limited IPO?
Updater Services Limited IPO listed on the stock exchange at ₹285, delivering a listing discount of 5.00% compared to the IPO issue price of ₹300.
Is Updater Services Limited IPO a Mainboard or SME IPO?
Updater Services Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Updater Services Limited IPO since its IPO?
At the latest market quote of ₹195.22, Updater Services Limited IPO has generated an all-time return of -34.93% since its initial public offering.

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