IRIS Business Services IPO — GMP, Details & Subscription

IPO Details

Open Date

29 Sep 2017

Close Date

04 Oct 2017

Allotment

10 Oct 2017

Listing Date

11 Oct 2017

Exchange

BSE SME

Price Band

₹32

Listing Price

See chart

Allotment Status

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Price Band

₹32

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

50,04,000 shares (aggregating up to ₹16.01 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹128,000

1 lot

Pre-IPO Holding

1,38,75,162 shares

Promoters

Post-IPO Holding

1,88,79,162 shares

Promoters

UPI Deadline

2017-10-04

Mandate

Anchor AllotmentThu, 28 Sep 2017

Basis of AllotmentTue, 10 Oct 2017

Refund InitiationWed, 11 Oct 2017

Demat CreditWed, 11 Oct 2017

Listing DayWed, 11 Oct 2017

UPI Mandate Deadline2017-10-04

Sale TypeFresh Capital

Net Offer to Public47,44,000 shares (aggregating up to ₹15.18 Cr)

Market Maker Quota2,60,000 shares (aggregating up to ₹0.8320 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

IRIS Business Services IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Oct 2017.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	260,000	—	₹0.83
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	5,004,000	100%	₹16.01

IPO Shares Offered

IRIS Business Services IPO total issue size: ₹16.01 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	260,000	₹0.83	5.20%
Total	5,004,000	₹16.01	100.00%

* Based on upper price band ₹32 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹32.00

Upper Band

Min Investment

₹128,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹256,000
Retail (Max — 13 Lots)	13	52,000	₹1,664,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,792,000
B-HNI (Min — 68 Lots)	68	272,000	₹8,704,000

* Issue Price ₹32 × Lot Size 4,000 shares

IPO Schedule

Anchor

28 Sep 2017

✓ Done

IPO Open

29 Sep 2017

✓ Done

IPO Close

04 Oct 2017

✓ Done

Allotment

10 Oct 2017

✓ Done

Refunds

11 Oct 2017

✓ Done

Demat Credit

11 Oct 2017

✓ Done

Listing Day

11 Oct 2017

✓ Done

₹32.00

INR · BSE

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Issue ₹32.00 Live Price

About IRIS Business Services

Incorporated in 2000, IRIS Business Services Limited engaged in providing software products, services and solutions for compliance, data, and analytics worldwide. They offers IRIS iDEAL- a regulation reporting application for banks and financial institutions; IRIS iFILE- an end to end data filing platform for regulators and IRIS CARBON - a cloud-based filing platform that helps companies and mutual funds to meet their enterprise reporting needs.They serves enterprises, business registers, central banks, stock exchanges, BFSI organizations and governments. They also provide solutions to the regulated, including corporates, Banks, Mutual Funds. They are operating in the domestic as well as overseas markets.The company also provides IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies; IRIS FinX - an integrated consolidation application which enables end to end financial reporting by extracting data from source ERP systems, multiple databases, or spreadsheets; and IRIS GST - an application to file GST as well as XBRL conversion, consulting and training services.

Objects of the Issue

Repayment of debt

Sales & Marketing

Product Development

General Corporate Purpose

IRIS Business Services Financials (Amount in Lacs)

Revenue from Operations

₹5,571.7

31.03.2015

₹3,276.5

31.03.2016

₹2,733.9

31.03.2017

Profit After Tax (PAT)

₹331.7

31.03.2015

₹792.4

31.03.2016

₹1,016.8

31.03.2017

Particulars	31.03.2017	31.03.2016	31.03.2015
Revenue from Operations	2733.87	3276.54	5571.68
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	1016.75	792.36	331.71
Net Worth	1908.64	2806.88	3525.97
Total Assets	6049.06	6397.82	6326.38
Reserves & Surplus	1298.59	2299.09	2873.84
Borrowings	152632.00	152632.00	152632.00
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered50,04,000 (100.00%)

Net Offer to Public47,44,000 shares (aggregating up to ₹15.18 Cr)

Reserved for Market Maker2,60,000 shares (aggregating up to ₹0.8320 Cr)

Pre-Issue Promoter Holding1,38,75,162 shares

Post-Issue Promoter Holding1,88,79,162 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

LINK INTIME INDIA PRIVATE LIMITED

+91-22-4918 6270

irisbusiness.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITE

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much IRIS Business Services IPO subscribed? ▲

IRIS Business Services IPO is subscribed 1.00 times by Oct 04, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is IRIS Business Services IPO retail subscription status? ▼

The IRIS Business Services IPO retail category is subscribed 1.00 times as of 04 Oct 2017. The retail portion is oversubscribed.

How to subscribe IRIS Business Services IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 Sep 2017 and closes 04 Oct 2017. Min investment: ₹128,000 (1 lot = 4,000 shares). UPI mandate: 2017-10-04.

How many times IRIS Business Services IPO subscribed? ▼

The IRIS Business Services IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check IRIS Business Services IPO allotment? ▼

Check allotment on the registrar website (LINK INTIME INDIA PRIVATE LIMITED) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Oct 2017. Refunds: on 11 Oct 2017.

When IRIS Business Services IPO will be listed? ▼

The IRIS Business Services IPO listing date is 11 Oct 2017, Wednesday. Listed on: BSE SME. Issue price: ₹32. Estimated listing: ₹32. GMP: NIL.

When IRIS Business Services IPO close? ▼

The IRIS Business Services IPO closes on 04 Oct 2017, Wednesday. UPI mandate: 2017-10-04. Allotment: 10 Oct 2017. Listing: 11 Oct 2017.

Quick Actions

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Live Price LIVE

Last Price₹32.00

Change—

Issue Price₹32.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹32

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹128,000

GMPNIL

Est. Listing₹32

Subscribed1.00x

Open Date29 Sep 2017

Close Date04 Oct 2017

Allotment10 Oct 2017

Listing Date11 Oct 2017

ExchangeBSE SME

UPI Deadline2017-10-04