Updater Services IPO listing date today. What GMP, experts signal about debut of shares

livemint.com:

Updater Services IPO: Listing date of Initial Public Offering (IPO) of Updater Services Limited has been fixed on 4th October 2023 i.e. today.

As per the BSE notice, "...effective from Wednesday, October 4, 2023, the equity shares of Updater Services Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' group of securities." Updater Services share listing will take place in a special pre-open session at around 9:45 AM whereas Updater Services share price will become available for trade at 10:00 AM during Wednesday deals. According to stock market experts, Updater Services IPO received tepid response from investors in all category as it has made available at higher valuations.

Rest of the damage is expected to take place due to negative sentiments on Dalal Street. They said that Updater Services IPO listing price would be around its upper price band of ₹300 per equity share.