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15 Days Price Change

Updater Services IPO

Closing In

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WEBSITE Inc. Year: 2003 Industry: Professional Services Listed Page

Profile
Issue Size --
Profile
Price Range 280  to  300 per share
Profile
Min Investment ₹300
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Updater Services Ltd is a dynamic and innovative company specializing in comprehensive relocation and moving solutions. With a commitment to simplifying the often stressful process of moving, Updater Services Ltd offers a range of services designed to streamline every aspect of relocation, from updating addresses and transferring utilities to finding reputable moving companies. Driven by cutting-edge technology and a customer-centric approach, Updater Services Ltd has earned a reputation for delivering efficient and user-friendly solutions that make moving a breeze. Their platform provides individuals and businesses with tools to seamlessly manage address changes, ensuring a smooth transition to a new location. With a focus on convenience, efficiency, and customer satisfaction, Updater Services Ltd stands as a trusted partner for anyone looking to simplify the complexities of moving, ultimately saving time and reducing stress during this significant life event. Read More

Basic Info

Face Value 10 per share

Price 280  to  300 per share

P/E (x) 16.9

Sales( Cr.) 2736

PAT( Cr.) 119

EPS 17.7

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Raghunandana Tangirala Shanthi Tangirala Tangi Facility Solutions Private Limited

Pre Issue Share Holding 80.58%

Post Issue Share Holding --%

Listing Details:

Listing Price: 299.9

Listing Gain: -0.03%

Current Price: 172.1

Gain On Issue: 172.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 25, 2023
Closing Date Sep 27, 2023
Allotment Sep 28, 2023
Refund Sep 29, 2023
Delivery of Shares Sep 29, 2023
Listing Date Oct 02, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 50 15,000
Retail (Max) 13 650 195,000
S-HNI (Min) 14 700 210,000
S-HNI (Max) 66 3300 990,000
B-HNI (Min) 67 3350 1,005,000

Objective of the Issue

1. Repayment and /or prepayment of certain borrowings availed by the Company. 2. Funding the working capital requirements. 3. Pursuing inorganic initiatives. 4. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 0 0 0x
Retail 0 0 0x
EMP 0 0 0x
Total 21333333 63146666 3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Updater Services Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 642 696 713 914 1086 1315 1210 1484 2099 2444 2736
Other Income 0 1 0 2 1 2 6 14 13 24 36
Total Income 643 697 713 916 1087 1317 1216 1498 2112 2468 2772
Total Expenditure 598 647 668 865 1036 1256 1144 1405 2006 2310 2570
Operating Profit 45 50 45 51 51 60 72 93 106 158 202
Interest 1 2 6 2 4 8 3 5 15 19 10
Depreciation 6 4 3 6 8 16 15 17 37 54 47
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 39 43 35 43 39 37 54 71 54 85 145
Provision for Tax 13 15 10 5 3 4 7 14 20 18 26
Profit After Tax 26 28 26 38 36 33 48 57 35 66 119
Adjustments -0 -0 -1 -1 -1 0 -3 -2 1 2 -0
Profit After Adjustments 25 28 25 37 35 33 45 55 36 68 119
Adjusted Earnings Per Share 4.6 5.1 4.7 7 6.7 6.3 8.5 10.5 6.8 10.1 17.7

Updater Services Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 65 74 141 179 210 239 285 340 381 840 958
Minority's Interest 2 2 3 4 4 5 7 5 7 6 6
Borrowings 0 0 0 0 0 0 0 0 18 0 0
Other Non-Current Liabilities -2 -2 -1 -6 -9 97 91 175 163 78 78
Total Current Liabilities 96 89 94 161 198 308 240 381 599 564 491
Total Liabilities 160 164 237 338 404 649 623 901 1168 1487 1534
Fixed Assets 10 9 14 33 32 85 75 204 359 357 357
Other Non-Current Assets 6 6 11 12 17 146 157 192 107 144 161
Total Current Assets 145 150 213 293 355 417 392 505 702 986 1016
Total Assets 160 164 237 338 404 649 623 901 1168 1487 1534

Updater Services Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 6 10 2 30 12 8 17 45 57 115 84
Cash Flow from Operating Activities 16 33 6 0 9 5 128 31 115 103 51
Cash Flow from Investing Activities -3 -3 -6 -33 -20 -60 -17 -47 -153 -356 19
Cash Flow from Financing Activities -9 -38 28 13 9 56 -85 29 96 223 -35
Net Cash Inflow / Outflow 4 -8 28 -20 -2 1 27 13 57 -31 35
Closing Cash & Cash Equivalent 10 2 30 9 10 17 45 57 115 84 118

Updater Services Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.55 5.1 4.71 7 6.7 6.28 8.53 10.47 6.76 10.15 17.74
CEPS(Rs) 5.72 5.84 5.49 8.32 8.4 9.32 11.84 13.99 13.53 17.96 24.81
DPS(Rs) 20 15 45 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 11.79 13.47 26.67 33.94 39.7 44.7 53.36 63.65 70.91 124.31 142.09
Core EBITDA Margin(%) 6.99 6.95 6.22 5.34 4.58 4.45 5.46 5.27 4.41 5.49 6.08
EBIT Margin(%) 6.12 6.57 5.8 4.9 3.93 3.37 4.74 5.12 3.28 4.25 5.66
Pre Tax Margin(%) 6 6.22 4.96 4.71 3.58 2.79 4.5 4.78 2.58 3.46 5.29
PAT Margin (%) 3.97 4.07 3.58 4.16 3.31 2.52 3.93 3.87 1.65 2.71 4.35
Cash Profit Margin (%) 4.91 4.63 4.07 4.81 4.09 3.75 5.17 4.98 3.41 4.92 6.07
ROA(%) 15.9 17.47 12.74 13.22 9.69 6.29 7.48 7.52 3.34 4.99 7.87
ROE(%) 39.18 40.58 23.72 23.76 18.49 14.84 18.37 18.56 9.72 10.97 13.34
ROCE(%) 59.97 61.7 36.9 26.61 19.67 15.6 18.33 21.84 14.38 14.32 16.33
Receivable days 71.34 69.11 77.63 80.46 76.88 76.9 90.96 75.83 67.41 69.51 74.12
Inventory Days 1.21 1.03 0.99 1.22 1.43 1.54 1.76 1.39 1.16 1.04 0.99
Payable days 312.64 368.85 345.5 178.41 251.85 247.05 397.15 359.61 284.41 283.86 338.04
PER(x) 0 0 0 0 0 0 0 0 0 31.56 15.76
Price/Book(x) 0 0 0 0 0 0 0 0 0 2.58 1.97
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) -0 0.02 0.03 0.06 0.05 0.09 0 0.03 0.03 0.84 0.62
EV/Core EBITDA(x) -0.03 0.29 0.51 1.02 1.11 1.95 0.01 0.44 0.61 12.97 8.35
Net Sales Growth(%) 0 8.28 2.44 28.2 18.83 21.12 -7.97 22.6 41.48 16.46 11.93
EBIT Growth(%) 0 16.33 -9.59 8.3 -4.82 3.84 29.69 32.43 -9.54 51.07 49.3
PAT Growth(%) 0 10.96 -9.81 49 -5.44 -8.03 43.78 20.62 -39.68 91.49 79.55
EPS Growth(%) 0 11.96 -7.66 48.63 -4.31 -6.19 35.73 22.78 -35.44 50.17 74.83
Debt/Equity(x) 0.01 0.11 0 0.09 0.14 0.38 0.04 0.17 0.47 0.06 0.05
Current Ratio(x) 1.51 1.67 2.26 1.83 1.79 1.36 1.63 1.33 1.17 1.75 2.07
Quick Ratio(x) 1.49 1.65 2.24 1.8 1.77 1.33 1.61 1.31 1.16 1.74 2.05
Interest Cover(x) 49.69 18.51 6.92 26.09 11.48 5.82 19.32 15 4.72 5.39 14.99
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0.02 0.03

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 12% 23% 16% 16%
Operating Profit CAGR 28% 30% 27% 16%
PAT CAGR 80% 28% 29% 16%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -48% NA% NA% NA%
ROE Average 13% 11% 14% 21%
ROCE Average 16% 15% 17% 28%

Company Contact Information

Updater Services Ltd.

1st Floor, No.42 Gandhi Mandapam Road Kotturpuram

IPO Lead Manager(s)

Updater Services Ltd.

IIFL Securities Ltd.

Motilal Oswal Investment Advisors Pvt Ltd

Registrar Info

Updater Services Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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