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
| Category | Subscription Numbers |
| QIB | 4.50 |
| NII | 0.89 |
| bNII | 1.07 |
| sNII | 0.53 |
| RII | 1.45 |
| Total | 2.96 |
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.
