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Iris Business Services Ltd.
Issue Open Date 29-Sep-17  
Issue Closing Date 04-Oct-17  
Application Money 100  
Allotment Money  
Price Band (Rs.) 32 -  
Minimum Bid Quantity. 4000  
Issue Size (Shares) 5004000  
Market Lot 1  
Objective :
Requirement of FundsThe proceeds of the Issue, after deducting Issue related expenses, are estimated to be 1551.28 lakhs(the Net Proceeds)We intend to utilize the Net Proceeds towards the following objects:1. Repayment of debt2. Sales & Marketing3. Expenditure on Product Development4. General Corporate Purpose.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description
OVERVIEWIncorporated in 2000, our Company, IRIS Business Services Limited is a global provider of softwareproducts for compliance, data and analytics. We have developed a name for ourselves in the globalRegTech Industry with a range of products that straddle the leng...
Promoter's Holding
Total Share Capital    
Offered to Public    
Promoter's Holding (Pre-Issue)    
Promoter's Holding (Post-Issue)    
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Address
T-131
Tower 2
3rd Floor
International Infotech Park
Vashi
Navi Mumbai ,
Maharashtra ,
400703
Phone : 022-67231000
Email : cs@irisbusiness.com
Website : www.irisbusiness.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE
Lead Manager
Pantomath Capital Advisors Pvt Ltd.
Promoters
Balachandran Krishnan
Deepta Rangarajan
Swaminathan Subramaniam