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Open
29 Sep to 4 Oct, 2017
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Close
29 Sep to 4 Oct, 2017
3
Allotment
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Listing
Wed, Oct 11, 2017
Price Band
₹32 per share
Issue Size
50,04,000 shares (agg. up to ₹16 Cr)
Lot Size
4,000 Shares
Listing Date
Wed, Oct 11, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.33x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 60.49 | 63.98 | 63.26 |
| Total Income | 27.34 | 32.77 | 55.72 |
| Profit After Tax | -9.04 | -6.71 | 3.38 |
| NET Worth | 19.92 | 29.93 | 35.68 |
| Reserves and Surplus | 12.99 | 22.99 | 28.74 |
| Total Borrowing | 15.26 | 15.42 | 6.73 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of debt | 3.00 |
| 2 | Sales & Marketing | 4.00 |
| 3 | Product Development | 5.00 |
| 4 | General Corporate Purpose | 3.51 |
About IRIS Business Services IPO
Incorporated in 2000, IRIS Business Services Limited engaged in providing software products, services and solutions for compliance, data, and analytics worldwide. They offers IRIS iDEAL- a regulation reporting application for banks and financial institutions; IRIS iFILE- an end to end data filing platform for regulators and IRIS CARBON - a cloud-based filing platform that helps companies and mutual funds to meet their enterprise reporting needs.They serves enterprises, business registers, central banks, stock exchanges, BFSI organizations and governments. They also provide solutions to the regulated, including corporates, Banks, Mutual Funds. They are operating in the domestic as well as overseas markets.The company also provides IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies; IRIS FinX - an integrated consolidation application which enables end to end financial reporting by extracting data from source ERP systems, multiple databases, or spreadsheets; and IRIS GST - an application to file GST as well as XBRL conversion, consulting and training services.+ Read More
Contact Details
IRIS Business Services Ltd. AddressT-131 Tower 1 3rd Floor VashiInternational Infotech ParkNavi Mumbai, Maharashtra, 400703022 6723 1000cs@irisindia.netVisit Website