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LISTEDSME

Updater Services IPO

Open 25th Sep 2023 · Close 27th Sep 2023 · Listing 4th Oct 2023

Price Band₹280.00–₹300.00
Live GMP₹0.00
Subscription2.96×
Issue Size₹640.00 Cr
Allotment28th Sep 2023

IPO Objectives

Updater Services IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Repayment and /or prepayment of certain borrowings availed by the Company₹133.00 Cr
2Funding our working capital requirements;₹115.00 Cr
3Pursuing inorganic initiatives; and₹80.00 Cr
4General corporate purposes₹49.87 Cr