Iris Clothings Private Limited IPO
NSE SME₹ 288000 /3200 Shares
*Min Investment
10 Oct, 2018
Open Date12 Oct, 2018
Close Date19 Oct, 2018
Allotment Date23 Oct, 2018
Listing DateIPO Issue Details
- Issue Price Rs 90/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 12,30,400 Equity Shares of Rs 10/- at a price of Rs 90/- per share aggregating to Rs 11.07 Cr
- Listing at NSE SME
- Lead Manager VC Corporate Advisors Private Limited
- Registrar Cameo Corporate Services Limited
IPO Details
- Retail Portion N/A
IPO Details
Iris Clothings Private Limited IPO is an SME IPO, priced at Rs 90/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Oct 10, 2018 to Oct 12, 2018. The allotment is expected to be finalized on Oct 19, 2018, and the tentative listing date is Oct 23, 2018.
The registrar of the IPO is Cameo Corporate Services Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,84,000 | 5,84,000 | 11,68,000 |
Day 1 - 10-10-18 | 76,800 0.13 x | 9600 0.02 x | 86,400 0.07 x |
Day 2 - 11-10-18 | 9,82,400 1.68 x | 56,000 0.10 x | 10,38,400 0.89 x |
Day 3 - 12-10-18 | 11,76,000 2.01 x | 1,56,800 0.27 x | 13,32,800 1.14 x |
Valuations
IPO - Issue Objectives
To meet the incremental Working Capital requirements of Company. ( Rs 8.50 Cr )
General corporate purposes. ( Rs 2.07 Cr )
Issue Expenses. ( Rs 0.50 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Salebhai Internet Limited | 5.56 | NA | - (172.01)% | 0.46 |
| Infibeam Incorporation Limited | 4.25 | 129.69 | 3.27% | 836.72 |
IPO - FAQs
Ans. Iris Clothings Private Limited IPO is a SME IPO. The issue is priced at Rs 90/- Per Equity Share . The minimum order quantity is 1600 Shares. The IPO opens on Oct 10, 2018, and closes on Oct 12, 2018. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Iris Clothings Private Limited IPO opens on Oct 10, 2018 and closes on Oct 12, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Iris Clothings Private Limited IPO is Fresh issue of 12,30,400 Equity Shares of Rs 10/- at a price of Rs 90/- per share aggregating to Rs 11.07 Cr.
Ans. The Iris Clothings Private Limited IPO price band is set between Rs 90/- Per Equity Share .
Ans. To apply for Iris Clothings Private Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Iris Clothings Private Limited 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 Clothings Private Limited IPO is Oct 19, 2018.
Ans. The Iris Clothings Private Limited IPO will be listed on Oct 23, 2018.
Ans. Follow the steps to check the Iris Clothings Private Limited IPO allotment status online.
