Updater Services IPO Subscription Status – IPO Closed

Updater Services IPO subscription status started on Monday, September 25, 2023 and will close on September 27, 2023. Updater Services IPO to raise around ₹640 crores via IPO. The retail quota is 10%, QIB is 75% and NII is 15%. The price band is fixed at ₹280 to ₹300 per equity share.

Updater Services IPO

Table of Contents

The Updater Services IPO minimum market lot is 50 with ₹15,000 application amount. The IPO is a Mainline IPO, and it will list on BSE & NSE.

Updater Services is a leading, focused, and integrated business services platform in India offering integrated facilities management (“IFM”) services and business support services (“BSS”) to our customers, with a pan-India presence. (Source: F&S Report). They are the second largest player in the IFM market in India and have the widest service offering in the industry, making us a unique and differentiated player in the market. (Source: F&S Report). Updater Services operates in the Business-to-Business (“B2B”) services space offering a spectrum of business services, which are broadly classified into the two following segments: (1) IFM & Other Services Segment, and (2) BSS Segment.


IPOWatch View

We recommend investors may apply an IPO with Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Updater Services IPO Subscription Status – Day 3

CategorySubscription Numbers
QIB4.50
NII0.89
bNII1.07
sNII0.53
RII1.45
Total2.96


Updater Services IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Updater Services IPO Review

  • May Apply

Updater Services IPO Form

How to apply for the Updater Services IPO? You can apply for Updater Services IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Updater Services IPO in the Invest section. The other option is you can apply for Updater Services IPO via IPO forms downloaded via NSE. Check out the Updater Services forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Updater Services IPO Subscription Status FAQs:


When Updater Services IPO Subscription will start?

The IPO subscription starts on September 27, 2023 for NII, QIB and Retail Investors.

How to subscribe Updater Services IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Updater Services IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Updater Services IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Updater Services”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Updater Services IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Updater Services”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Updater Services IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Updater Services” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Updater Services IPO Allotment Date?

Updater Services IPO allotment date is September 26, 2023.

What is the Updater Services IPO Listing Date?

Updater Services IPO listing date is October 9, 2023. The IPO is to list on NSE.

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