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Updater Services shares disappoint at D-Street debut; list at 5% discount at Rs 285

There was no buzz in the grey market regarding Updater Services IPO. The company did not command any premium in the unofficial market throughout its IPO process.

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Updater Services has an off day on listing Should you buy, sell or hold?

"Investors who received allotments in the IPO should consider all these related risks and exit their position after this listing," said Shivani Nyati, Head of Wealth, Swastika Investmart.

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updater services ipo: Integrated facilities player Updater Services IPO to open on September 25 Check details

Under the OFS, promoter Tangi Facility will offload 40 lakh shares and the rest will be sold by the India Business Excellence Fund.

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