IRIS Business Services Ltd IPO
IRIS Business Services Ltd is a BSE SME IPO is priced at ₹32 per share with an issue size of 50,04,000 Equity Shares of Rs 10 aggregating up to Rs 16.01 Cr. The IPO opens on Sep 29, 2017 and closes on Oct 4, 2017, with a lot size of 4000 shares and a minimum investment of ₹1,28,000.
IRIS Business Services Ltd IPO
- IPO Dates
- Sep 29, 2017 – Oct 4, 2017
- Price band
- ₹32 per equity share
- Minimum Investment
- ₹1,28,000
- Issue size
- 50,04,000 Equity Shares of Rs 10 aggregating up to Rs 16.01 Cr
- Lot size
- 4000
- Allotment Date
- Oct 9, 2017
- Listing
- Oct 12, 2017
- Listing At
- BSE SME
IPO timeline
-
Sep 29, 2017
Open Date
Completed
-
Oct 4, 2017
Close Date
Completed
-
Oct 9, 2017
Allotment Date
Completed
-
Oct 12, 2017
Listing Date
Completed
IRIS Business Services Ltd IPO Essentials
IRIS Business Services Ltd IPO Details
IRIS Business Services Ltd IPO is priced at ₹32 per share with a total issue size of 50,04,000 Equity Shares of Rs 10 aggregating up to Rs 16.01 Cr. The IPO has a lot size of 4000 shares and will be listed on BSE SME.
- Issue price
- Rs 32 Per Equity Share
- Lot size
- 4000 shares
- Face value
- Rs 10 Per Equity Share
- Issue size
- 50,04,000 Equity Shares of Rs 10 aggregating up to Rs 16.01 Cr
- Listing at
- BSE SME
- List price
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
IRIS Business Services Ltd IPO Details
- Retail Portion N/A
IRIS Business Services Ltd IPO Analytics
IRIS Business Services Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
IRIS Business Services Ltd IPO Subscription Status
IRIS Business Services Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
|
IRIS Business Services Ltd Valuations
Earnings
- EPS (Post IPO)
- Rs - (5.11)
- P/E Ratio
- NA (As earnings are negative)
Returns
- RoNW
- -45.38%
IRIS Business Services Ltd Company & Offer Insights
IRIS Business Services Ltd IPO Issue Objectives
- •
- Repayment of debt
- •
- Sales & Marketing
- •
- Expenditure on Product Development
- •
- General Corporate Purpose
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
IRIS Business Services Ltd IPO is a Fixed Priced IPO worth ₹50,04,000 Equity Shares of Rs 10 aggregating up to Rs 16.01 Cr. The issue price is ₹32 per share (fixed price). The IPO opens on Sep 29, 2017 and closes on Oct 4, 2017. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.
The issue price of IRIS Business Services Ltd IPO is ₹32 per share (fixed price).
The lot size of IRIS Business Services Ltd IPO is 4000 shares.
The minimum investment for IRIS Business Services Ltd IPO is approximately ₹1,28,000 based on the issue price .
IRIS Business Services Ltd IPO opens on Sep 29, 2017 and closes on Oct 4, 2017.
The allotment date of IRIS Business Services Ltd IPO is Oct 9, 2017.
IRIS Business Services Ltd IPO is expected to be listed on Oct 12, 2017, on BSE SME Platform.
No recorded Grey Market Premium (GMP) quote is currently available for IRIS Business Services Ltd IPO. GMP is unofficial and does not forecast or guarantee the actual listing price.
IRIS Business Services Ltd IPO valuation snapshot: P/E NA (As earnings are negative), EPS Rs - (5.11), P/B N/A, RoNW -45.38%, and market cap N/A.
To apply for IRIS Business Services Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of IRIS Business Services Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for IRIS Business Services Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check IRIS Business Services Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the IRIS Business Services Ltd IPO allotment status on IPO Ji for quick and easy access.