Updater IPO Allotment Status Online

The Updater IPO allotment status will be available on Thursday, September 28, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Updater Services Ltd. IPO allotment status online:

• Visit the Updater IPO allotment status page.
• Click on the green Updater IPO Allotment Status.
• Enter either PAN number, Application Number, or DP Client ID of the demat account to check the Updater IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected Listing price of Updater IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Updater IPO grey market premium gives some hint but the actual Listing price is difficult to guess.

Updater Services Ltd. IPO IPO allotment status is expected on Thursday, September 28, 2023. Click the green button Updater Services Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Updater IPO oversubscribed in the retail category, the Updater IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Updater Services Ltd. listing date is October 4, 2023. The equity shares of Updater Services Ltd. will list on BSE, NSE.

The reason you didn't get the Updater IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).