IRIS Business Services Ltd IPO
BSE SME
₹ 256000
/8000 Shares
*Min Investment
29 Sep, 2017
Open Date04 Oct, 2017
Close Date09 Oct, 2017
Allotment Date12 Oct, 2017
Listing DateIPO Issue Details
- Issue Price Rs 32 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 50,04,000 Equity Shares of Rs 10 aggregating up to Rs 16.01 Cr
- Listing at BSE SME
- Lead Manager PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
IRIS Business Services Ltd IPO is an SME IPO, priced at Rs 32 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 29, 2017 to Oct 4, 2017. The allotment is expected to be finalized on Oct 9, 2017, and the tentative listing date is Oct 12, 2017.
The registrar of the IPO is Link Intime India Private Ltd, and
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IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 23,72,000 | 23,72,000 | 47,44,000 |
|
Day 1
29-09-17
|
0.0 x | 0.01 x | 0.005 x |
|
Day 2
03-10-17
|
0.42 x | 0.10 x | 0.26 x |
|
Day 3
04-10-17
|
4.32 x | 0.56 x | 2.44 x |
|
Day 4
05-10-17
|
N/A x | N/A x | N/A x |
Valuations
IPO - Issue Objectives
Repayment of debt
Sales & Marketing
Expenditure on Product Development
General Corporate Purpose
IPO - FAQs
Ans. IRIS Business Services Ltd IPO is a SME IPO. The issue is priced at Rs 32 Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Sep 29, 2017, and closes on Oct 4, 2017. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The IRIS Business Services Ltd IPO opens on Sep 29, 2017 and closes on Oct 4, 2017.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of IRIS Business Services Ltd IPO is 50,04,000 Equity Shares of Rs 10 aggregating up to Rs 16.01 Cr.
Ans. The IRIS Business Services Ltd IPO price band is set between Rs 32 Per Equity Share .
Ans. To apply for IRIS Business Services Ltd IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find IRIS Business Services Ltd IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of IRIS Business Services Ltd IPO is Oct 9, 2017.
Ans. The IRIS Business Services Ltd IPO will be listed on Oct 12, 2017.
Ans. Follow the steps to check the IRIS Business Services Ltd IPO allotment status online.
