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IRIS Business Services Ltd IPO

IRIS Business Services Ltd

Issue Open

Sep 29, 2017

Price Band

₹ 34

Issue Size

₹ 16.01 Cr

Credit of Shares to Demat

-

Issue Close

Oct 04, 2017

Bid Lot

4000

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

4000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Oct 11, 2017

Refunds

-

About the company:

IRIS Business Services Limited is a global provider of software products for compliance, data and analytics. The company is headquartered in Mumbai.

Date of establishment: IRIS Business Services was established in 2000.  

Product & Service Offering: IRIS Business Services products such as iFile, iDeal and Carbon for creation and collection of regulatory data.

Promoters of IRIS Business Services Ltd.: The promoters of the firm are Mr. Swaminathan Subramanian, Ms. Deepta Rangarajan and Mr. Balachandran Krishnan.

Customer segment: The company offers its services to regulators including central banks, capital market regulators, business registries and stock exchanges.

Objects of the Issue: The objects of the issue are:
-      Repayment of debt
-      Marketing expenditure
-      Product development cost
-      General corporate purposes

 

Company Profile:

Particulars

For the year/period ended (in Rs. Million)

 

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

31-Mar-12

 

Total Assets

5,173.28

4,393.85

3,629.42

3,038.69

2,370.46

 

Total Revenue

12,873.22

10,562.87

8,244.94

5,826.73

4,648.84

 

Profit After Tax

339.08

246.38

332.15

298.93

110.53

 

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