{"id":34218,"date":"2023-09-22T10:28:55","date_gmt":"2023-09-22T04:58:55","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=34218"},"modified":"2023-09-22T12:28:22","modified_gmt":"2023-09-22T06:58:22","slug":"updater-services-limited-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/","title":{"rendered":"Updater Services Limited IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"34218\" class=\"elementor elementor-34218\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1a8449e7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1a8449e7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-26eb0f4c\" data-id=\"26eb0f4c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-13440a51 elementor-widget elementor-widget-text-editor\" data-id=\"13440a51\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Updater Services Limited plans to go public to raise up to Rs 640 crore. The subscription for the IPO will be open from September 25 to September 27, 2023. The price band is set at Rs 280 &#8211; Rs 300 per share.<\/p><p>The IPO consists of fresh issue of shares worth Rs 400 crore and offer for sale of shares worth Rs 240 crore. The face value is set at Rs 10 per share and size one lot is 50 shares.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-27fc6b44 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"27fc6b44\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-19e074c8\" data-id=\"19e074c8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5482ff4e elementor-widget elementor-widget-heading\" data-id=\"5482ff4e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Summary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5a39f85d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5a39f85d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-67c25fb\" data-id=\"67c25fb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4511c280 elementor-widget elementor-widget-text-editor\" data-id=\"4511c280\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Updater Services Limited is a leading integrated business services platform in India offering integrated facilities management (\u201cIFM\u201d) services and business support services (\u201cBSS\u201d) to customers present across India. The company is the second largest player in the IFM market in India and has the widest service offering in the industry, making it a unique and differentiated player in the market.<\/p><p>Within the BSS segment, the company offers Audit and Assurance services through its subsidiary, Matrix. According to F&amp;S Report, Matrix is a leading Audit and Assurance company for dealer \/ distributor audits, and retail audits and its strong branch reach and field associate reach has driven the company to reach the top spot in India, with a market share of 19.2% in the fiscal 2023. In FY23, the company said it has 1,427 customers under the IFM segment and 1,669 customers under BSS segment.<\/p><p>The company\u2019s portfolio of services offered across these two business segments is shown below in the image,<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-58d2087 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"58d2087\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-96c3c3c\" data-id=\"96c3c3c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bf9de46 elementor-widget elementor-widget-image\" data-id=\"bf9de46\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"803\" height=\"531\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/updater-services-.jpg\" class=\"attachment-large size-large wp-image-34266\" alt=\"\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/updater-services-.jpg 803w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/updater-services--300x198.jpg 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/updater-services--768x508.jpg 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/updater-services--450x298.jpg 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/updater-services--780x516.jpg 780w\" sizes=\"(max-width: 803px) 100vw, 803px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e805c1b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e805c1b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c32a22e\" data-id=\"c32a22e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4de254c elementor-widget elementor-widget-text-editor\" data-id=\"4de254c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Updater Services also offers employee background verification check services through Matrix and in this segment, Matrix is the third largest company in India with a share of 5.4% in the financial year 2023. Further, the company provides sales enablement services through its subsidiaries Denave and Athena. According to F&amp;S Report, Denave is the largest player in this segment with a market share of 20.1% in India in FY2023. In addition, the company offers mailroom management services through our subsidiary, Avon which is a market leader in India with a share of 11.1% in the mailroom management services market in FY2023.<\/p><p>The company said has grown to become a pan India player over the years since its commencement of operations in 1990, with a widespread network consisting of 4,331 locations (excluding staffing locations) managed from 129 points of presence with 116 offices situated in India and 13 offices situated overseas, as of June 30, 2023.<\/p><p>Updater Services said its portfolio of services has evolved over the years to cater to the needs of diverse customer segments across a range of sectors including FMCG, manufacturing and engineering, BFSI, healthcare, IT\/ITeS, automobiles, logistics and warehousing, airports, ports, infrastructure and retail, among others.<\/p><p>As on June 30, 2023, the company has served 2,797 customers across various sectors, including marquee global and Indian customers such as Procter &amp; Gamble Home Products, Aditya Birla Fashion and Retail, Microsoft, Hyundai Motor India, Saint-Gobain India, Tata Consultancy Services, LTIMindtree, Honda Motorcycle and Scooter India, IIFL Finance, SBI Life Insurance Company, Sony India, and Shriram Transport Finance Company.<\/p><p>Some of the listed peers of Updater Services operating in the same industry and may have similar offerings are Quess Corp, SIS Limited, and TeamLease Services, according to its red herring prospectus.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5399818a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5399818a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7e74c57\" data-id=\"7e74c57\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d19edf5 elementor-widget elementor-widget-heading\" data-id=\"5d19edf5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Strengths<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-75353d43 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75353d43\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cbfb1b\" data-id=\"cbfb1b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b5d169 elementor-widget elementor-widget-text-editor\" data-id=\"2b5d169\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Integrated business services platform, operating across diverse segments.<\/li><li>Long-standing relationship with customers across various sectors leading to recurring business.<\/li><li>Well-established track record of successful acquisition and integration of high margin business segments.<\/li><li>Strong presence across India with large and efficient workforce coupled with strong recruitment capabilities.<\/li><li>Leveraging appropriate technology to driveaccuracy, efficiency, customer satisfaction, and better service delivery.<\/li><li>Highly experienced management team with support from private equity investors.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1db17946 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1db17946\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6b57955e\" data-id=\"6b57955e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f6625c1 elementor-widget elementor-widget-heading\" data-id=\"2f6625c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Financials<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-626803bb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"626803bb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-103cdd2f\" data-id=\"103cdd2f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b8ceb14 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"4b8ceb14\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong><b>Period Ended<\/b><\/strong><\/p><\/td><td><p><strong><b>FY23<\/b><\/strong><\/p><\/td><td><p><strong><b>FY22<\/b><\/strong><\/p><\/td><td><p><strong><b>FY21<\/b><\/strong><\/p><\/td><\/tr><tr><td><p><strong><b>Total Assets (Rs in crore)<\/b><\/strong><\/p><\/td><td><p>1,216.95<\/p><\/td><td><p>874.57<\/p><\/td><td><p>579.49<\/p><\/td><\/tr><tr><td><p><strong><b>Total Revenue (Rs in crore)<\/b><\/strong><\/p><\/td><td><p>2,112.09<\/p><\/td><td><p>1,497.89<\/p><\/td><td><p>1,216.35<\/p><\/td><\/tr><tr><td><p><strong><b>Revenue from contracts with customers (Rs in crore)<\/b><\/strong><\/p><\/td><td><p>2,098.89<\/p><\/td><td><p>1,483.55<\/p><\/td><td><p>1,210.03<\/p><\/td><\/tr><tr><td><p><strong><b>EBITDA (Rs in crore)<\/b><\/strong><\/p><\/td><td><p>99.77<\/p><\/td><td><p>86.54<\/p><\/td><td><p>70.22<\/p><\/td><\/tr><tr><td><p><strong><b>EBITDA Margin<\/b><\/strong><\/p><\/td><td><p>4.74%<\/p><\/td><td><p>5.80%<\/p><\/td><td><p>5.78%<\/p><\/td><\/tr><tr><td><p><strong><b>Profit After Tax (Rs in crore)<\/b><\/strong><\/p><\/td><td><p>34.61<\/p><\/td><td><p>57.37<\/p><\/td><td><p>47.56<\/p><\/td><\/tr><tr><td><p><strong><b>PAT Margin<\/b><\/strong><\/p><\/td><td><p>1.64%<\/p><\/td><td><p>3.85%<\/p><\/td><td><p>3.92%<\/p><\/td><\/tr><tr><td><p><strong><b>ROE <\/b><\/strong><\/p><\/td><td><p>9.40%<\/p><\/td><td><p>16.24%<\/p><\/td><td><p>15.79%<\/p><\/td><\/tr><tr><td><p><strong><b>ROCE<\/b><\/strong><\/p><\/td><td><p>14.17%<\/p><\/td><td><p>20.23%<\/p><\/td><td><p>22.59%<\/p><\/td><\/tr><tr><td><p><strong><b>Debt to Equity<\/b><\/strong><\/p><\/td><td><p>0.46<\/p><\/td><td><p>0.17<\/p><\/td><td><p>0.04<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-41d11bf0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"41d11bf0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5513837\" data-id=\"5513837\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-464f0284 elementor-widget elementor-widget-heading\" data-id=\"464f0284\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Purpose of the IPO <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79fd62a4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79fd62a4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1f0c3014\" data-id=\"1f0c3014\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1affe950 elementor-widget elementor-widget-text-editor\" data-id=\"1affe950\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>The net proceeds from fresh issue of shares will be utilised for repayment and \/or prepayment of certain borrowings availed by the company totalling Rs 133 crore; funding the company\u2019s working capital requirements aggregating up to Rs 115 crore; pursuing inorganic initiatives worth Rs 80 crore; and general corporate purposes.<\/li><li>The proceeds from offer for sale shall be received by the selling shareholders after deducting the offer related expenses as well as taxes, and the company will not receive any proceeds from the offer for sale.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-55f22290 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"55f22290\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7bc53704\" data-id=\"7bc53704\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a8d3be0 elementor-widget elementor-widget-heading\" data-id=\"5a8d3be0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Promoters<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-571ab814 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"571ab814\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6d0d9f33\" data-id=\"6d0d9f33\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-36caa9f5 elementor-widget elementor-widget-text-editor\" data-id=\"36caa9f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Raghunandana Tangirala, Shanthi Tangirala, and Tangi Facility Solutions\u00a0Private Limited\u00a0are promoters of the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4d520e2f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4d520e2f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3af1f08c\" data-id=\"3af1f08c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2e90bbb9 elementor-widget elementor-widget-heading\" data-id=\"2e90bbb9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2e1bcf29 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2e1bcf29\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1186ceeb\" data-id=\"1186ceeb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2a994532 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"2a994532\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong><b>IPO <\/b><\/strong><strong><b>Subscription <\/b><\/strong><strong><b>Date<\/b><\/strong><\/p><\/td><td><p>September 25\u00a0to September 27, 2023<\/p><\/td><\/tr><tr><td><p><strong><b>Face Value<\/b><\/strong><\/p><\/td><td><p>Rs 10 per share<\/p><\/td><\/tr><tr><td><p><strong><b>Price Band<\/b><\/strong><\/p><\/td><td><p>Rs 280 to Rs 300 per share<\/p><\/td><\/tr><tr><td><p><strong><b>Lot Size<\/b><\/strong><\/p><\/td><td><p>50 Shares<\/p><\/td><\/tr><tr><td><p><strong><b>Total Issue Size<\/b><\/strong><\/p><\/td><td><p>Rs 640 crore<\/p><\/td><\/tr><tr><td><p><strong><b>Fresh Issue<\/b><\/strong><\/p><\/td><td><p>Shares\u00a0aggregating up to Rs 400\u00a0crore<\/p><\/td><\/tr><tr><td><p><strong><b>Offer for Sale<\/b><\/strong><\/p><\/td><td><p>80,00,000 shares aggregating up to Rs 240 crore<\/p><\/td><\/tr><tr><td><p><strong><b>Issue Type<\/b><\/strong><\/p><\/td><td><p>Book Built Issue IPO<\/p><\/td><\/tr><tr><td><p><strong><b>Listing At<\/b><\/strong><\/p><\/td><td><p>BSE, NSE<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-677661a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"677661a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7f284c8\" data-id=\"7f284c8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-732659fd elementor-widget elementor-widget-heading\" data-id=\"732659fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Lot Size <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-636f8c54 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"636f8c54\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5acbf070\" data-id=\"5acbf070\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-16e6c5d5 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"16e6c5d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong><b>Application<\/b><\/strong><\/p><\/td><td><p><strong><b>Lots<\/b><\/strong><\/p><\/td><td><p><strong><b>Shares<\/b><\/strong><\/p><\/td><td><p><strong><b>Amount<\/b><\/strong><\/p><\/td><\/tr><tr><td><p>Retail (Minimum)<\/p><\/td><td><p>1<\/p><\/td><td><p>50<\/p><\/td><td><p>Rs 15,000<\/p><\/td><\/tr><tr><td><p>Retail (Maximum)<\/p><\/td><td><p>13<\/p><\/td><td><p>650<\/p><\/td><td><p>Rs 1,95,000<\/p><\/td><\/tr><tr><td><p>Small HNI (Minimum)<\/p><\/td><td><p>14<\/p><\/td><td><p>700<\/p><\/td><td><p>Rs 2,10,000<\/p><\/td><\/tr><tr><td><p>Small HNI (Maximum)<\/p><\/td><td><p>66<\/p><\/td><td><p>3,300<\/p><\/td><td><p>Rs 9,90,000<\/p><\/td><\/tr><tr><td><p>Large HNI (Minimum)<\/p><\/td><td><p>67<\/p><\/td><td><p>3,350<\/p><\/td><td><p>Rs 10,05,000<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-550c76e1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"550c76e1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7e04079b\" data-id=\"7e04079b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-81605fe elementor-widget elementor-widget-heading\" data-id=\"81605fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Allotment Details <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7b2d2a4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7b2d2a4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2b31d731\" data-id=\"2b31d731\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3599df41 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"3599df41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong><b>Event<\/b><\/strong><\/p><\/td><td><p><strong><b>Date<\/b><\/strong><\/p><\/td><\/tr><tr><td><p>Allotment\u00a0of Shares<\/p><\/td><td><p>October 4, 2023<\/p><\/td><\/tr><tr><td><p>Initiation of Refunds<\/p><\/td><td><p>October 5, 2023<\/p><\/td><\/tr><tr><td><p>Credit of Shares to Demat\u00a0Account<\/p><\/td><td><p>October 6, 2023<\/p><\/td><\/tr><tr><td><p>Listing Date<\/p><\/td><td><p>October 9, 2023<\/p><\/td><\/tr><\/tbody><\/table><p>To check allotment, <a href=\"https:\/\/linkintime.co.in\/ipo\/public-issues.html\"><span style=\"text-decoration: underline;\"><strong>click here<\/strong><\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-68755243 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"68755243\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b51afed\" data-id=\"5b51afed\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-54b87a37 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"54b87a37\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/novo.flattrade.in\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for IPO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Updater Services Limited plans to go public to raise up to Rs 640 crore. The subscription for the&hellip;","protected":false},"author":5,"featured_media":34292,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[611,46,43,95,26,24,23,84,55],"class_list":{"0":"post-34218","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-latest-ipo","9":"tag-market-news","10":"tag-market-update","11":"tag-markets","12":"tag-nse","13":"tag-share-market","14":"tag-stock-market","15":"tag-stocks","16":"tag-upcoming-ipo","17":"cs-entry","18":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Updater Services Limited IPO - Flattrade Kosh<\/title>\n<meta name=\"description\" content=\"The subscription for the IPO will be open from September 25 to September 27, 2023. The price band is set at Rs 280 \u2013 Rs 300 per share.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Updater Services Limited IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"The subscription for the IPO will be open from September 25 to September 27, 2023. The price band is set at Rs 280 \u2013 Rs 300 per share.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"Flattrade Kosh\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-22T04:58:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-22T06:58:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1438\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Flattrade\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Flattrade\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/\"},\"author\":{\"name\":\"Flattrade\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/0df49afdcdc9b8cf2e54f80cbc763e04\"},\"headline\":\"Updater Services Limited IPO\",\"datePublished\":\"2023-09-22T04:58:55+00:00\",\"dateModified\":\"2023-09-22T06:58:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/\"},\"wordCount\":845,\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg\",\"keywords\":[\"Latest IPO\",\"Market News\",\"Market Update\",\"Markets\",\"NSE\",\"Share Market\",\"Stock Market\",\"stocks\",\"Upcoming IPO\"],\"articleSection\":[\"IPOs\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/\",\"url\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/\",\"name\":\"Updater Services Limited IPO - Flattrade Kosh\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg\",\"datePublished\":\"2023-09-22T04:58:55+00:00\",\"dateModified\":\"2023-09-22T06:58:22+00:00\",\"author\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/0df49afdcdc9b8cf2e54f80cbc763e04\"},\"description\":\"The subscription for the IPO will be open from September 25 to September 27, 2023. The price band is set at Rs 280 \u2013 Rs 300 per share.\",\"breadcrumb\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#primaryimage\",\"url\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg\",\"contentUrl\":\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg\",\"width\":2560,\"height\":1438},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/flattrade.in\/kosh\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Updater Services Limited IPO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#website\",\"url\":\"https:\/\/flattrade.in\/kosh\/\",\"name\":\"Flattrade Kosh\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/flattrade.in\/kosh\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/0df49afdcdc9b8cf2e54f80cbc763e04\",\"name\":\"Flattrade\",\"url\":\"https:\/\/flattrade.in\/kosh\/author\/siddharth-aflattrade-in\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Updater Services Limited IPO - Flattrade Kosh","description":"The subscription for the IPO will be open from September 25 to September 27, 2023. The price band is set at Rs 280 \u2013 Rs 300 per share.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/","og_locale":"en_US","og_type":"article","og_title":"Updater Services Limited IPO - Flattrade Kosh","og_description":"The subscription for the IPO will be open from September 25 to September 27, 2023. The price band is set at Rs 280 \u2013 Rs 300 per share.","og_url":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/","og_site_name":"Flattrade Kosh","article_published_time":"2023-09-22T04:58:55+00:00","article_modified_time":"2023-09-22T06:58:22+00:00","og_image":[{"width":2560,"height":1438,"url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg","type":"image\/jpeg"}],"author":"Flattrade","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Flattrade","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#article","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/"},"author":{"name":"Flattrade","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/0df49afdcdc9b8cf2e54f80cbc763e04"},"headline":"Updater Services Limited IPO","datePublished":"2023-09-22T04:58:55+00:00","dateModified":"2023-09-22T06:58:22+00:00","mainEntityOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/"},"wordCount":845,"image":{"@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg","keywords":["Latest IPO","Market News","Market Update","Markets","NSE","Share Market","Stock Market","stocks","Upcoming IPO"],"articleSection":["IPOs"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/","url":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/","name":"Updater Services Limited IPO - Flattrade Kosh","isPartOf":{"@id":"https:\/\/flattrade.in\/kosh\/#website"},"primaryImageOfPage":{"@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#primaryimage"},"image":{"@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg","datePublished":"2023-09-22T04:58:55+00:00","dateModified":"2023-09-22T06:58:22+00:00","author":{"@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/0df49afdcdc9b8cf2e54f80cbc763e04"},"description":"The subscription for the IPO will be open from September 25 to September 27, 2023. The price band is set at Rs 280 \u2013 Rs 300 per share.","breadcrumb":{"@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#primaryimage","url":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg","contentUrl":"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/1Updater-Services-Limited-IPO-scaled.jpg","width":2560,"height":1438},{"@type":"BreadcrumbList","@id":"https:\/\/flattrade.in\/kosh\/updater-services-limited-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/flattrade.in\/kosh\/"},{"@type":"ListItem","position":2,"name":"Updater Services Limited IPO"}]},{"@type":"WebSite","@id":"https:\/\/flattrade.in\/kosh\/#website","url":"https:\/\/flattrade.in\/kosh\/","name":"Flattrade Kosh","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/flattrade.in\/kosh\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/0df49afdcdc9b8cf2e54f80cbc763e04","name":"Flattrade","url":"https:\/\/flattrade.in\/kosh\/author\/siddharth-aflattrade-in\/"}]}},"_links":{"self":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/34218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/comments?post=34218"}],"version-history":[{"count":0,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/posts\/34218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media\/34292"}],"wp:attachment":[{"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/media?parent=34218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/categories?post=34218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flattrade.in\/kosh\/wp-json\/wp\/v2\/tags?post=34218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}