:::LALKAR GROUP::::

IRIS Business Services Ltd

Registered Office: T-231 Tower 2 3rd Floor Vashi,International Infotech Park, Navi Mumbai - 400703, Maharashtra, India.
Phone : 91-022-67231000 Fax:91-022-27814434
Email : cs@irisbusiness.com
Website : www.irisbusiness.com

Public issue of 50,04,000 equity shares of face value of Rs. 10/- each ("equity shares") of IRIS Business Services Limited (the "company" or the "issuer") for cash at a price of Rs. 32/- per equity share, including a share Premium of Rs. 22/- per equity share (the "issue price"), aggregating Rs. 16.01 Crores ("the issue"), of which 2,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 32/- per equity share, aggregating Rs. 0.83 Crores will be reserved for subscription by the market maker to the issue (the "market maker Reservation portion") the issue less market maker reservation i.e. Issue of 47,44,000 equity shares of face Value of Rs. 10 each for cash at a price of Rs. 32/- per equity share, aggregating Rs. 15.18 Crores is hereinafter Refered to as the "net issue". The issue and the net issue will constitute 26.51% and 25.13% respectively of the Fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 32 is 3.2 times of the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
29-Sep-17	04-Oct-17	32.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 4000 Further Multiples of : 4000

	(Rs)	Lead Managers to the Issue
Project Cost	16.01	Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer	16.01
Post Issue Equity Share Capital	18.88
Issue Price	32.00

Projects

Repayment of debt	Sales & Marketing
Product Development	General Corporate Purpose

Promoted By

Swaminathan Subramaniam

Deepta Rangarajan

Balachandran Krishnan

Listing At

BSE - SME

Registrar to the Issue

No Data Available