Fixed Price IPO | ₹16 Cr | Listed at BSE SME | Fri, Sep 29, 2017 - Wed, Oct 4, 2017
| Details | NII | Retail | Total |
|---|---|---|---|
| Allocation (No. of shares) | 23,72,000 | 23,72,000 | 47,44,000 |
| Allotment price (Rs.) | 32 | 32 | 32 |
| No.of applications | 51 | 312 | 363 |
| No.of shares applied | 97,84,000 | 12,48,000 | 1,10,32,000 |
| Amount collected (Rs.cr.) | 31.31 | 3.99 | 35.30 |
| No.of times subscribed | 4.12 | 0.53 | 2.33 |
| No.of shares allotted | 34,96,000 | 12,48,000 | 47,44,000 |
| Amount (Rs.cr.) | 11.19 | 3.99 | 15.18 |
| No.of allottees | 0 | 312 | 312 |
IRIS Business Services IPO is a public issue of 0.47 Cr equity shares. The issue offers 0.24 Cr shares to retail investors , 0.24 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| Market Maker | 2,60,000 | 0.83 | 5.20% |
| Other | 23,72,000 | 7.59 | 47.40% |
| Retail | 23,72,000 | 7.59 | 47.40% |
| Total | 50,04,000 | 16.01 | 100% |
The IRIS Business Services IPO is subscribed 2.3853 times by Oct 04, 2017 17:00.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | |
| Non Institutional | 4.2091 |
| Retail Individual | 0.5616 |
| Total Subscription | 2.3853 |
An investor can apply in IRIS Business Services IPO online via bank (using ASBA) or the broker (using UPI). The IRIS Business Services IPO shares are offered online only.
The IRIS Business Services IPO is subscribed 2.3853 times by Oct 04, 2017 17:00.
The IRIS Business Services IPO allotment status is expected on or around [.]. Visit IRIS Business Services IPO allotment status to check.
The IRIS Business Services IPO listing date is October 11, 2017. The equity share of IRIS Business Services IPO will list on BSE SME.
Visit IRIS Business Services IPO subscription status page for real-time bidding information about IRIS Business Services IPO.
| IPO opens On | Friday, September 29, 2017 |
| IPO Closes On | Wednesday, October 4, 2017 |
| Finalisation of Basis of Allotment | [.] |
| Initiation of Refunds | [.] |
| Credit of Shares to Demat Account | [.] |
| IPO Listing Date | Wednesday, October 11, 2017 |
| IPO Details |
| IPO Recommendations |
| IPO Live Subscription |
| IPO Live News |
| IPO Allotment Status |
| IPO Basis of Allotment Document |
| IPO FAQs |
