IPO

Iris Clothings Private Limited IPO

NSE SME

Offer Date: Oct 10, 2018 - Oct 12, 2018

₹ 144000 /1600 Shares

IPO Details

10 Oct, 2018

Open Date

12 Oct, 2018

Close Date

19 Oct, 2018

Allotment Date

23 Oct, 2018

Listing Date

Issue Price

Rs 90/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

NSE SME

Registrar

Cameo Corporate Services Limited

Market Lot

1600 Shares (Rs 1,44,000/-)

Lead Manager

VC Corporate Advisors Private Limited

Issue Size

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

Retail Portion

N/A

Subscription

13,32,800 1.14 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved5,84,0005,84,00011,68,000
Day 1 - 10-10-1876,800 0.13 x9600 0.02 x86,400 0.07 x
Day 2 - 11-10-189,82,400 1.68 x56,000 0.10 x10,38,400 0.89 x
Day 3 - 12-10-1811,76,000 2.01 x1,56,800 0.27 x13,32,800 1.14 x

Valuations

Earnings Per Share (EPS)

Rs 7.25/-

P/E Ratio

12.41

RoNW

33.35%

Net Asset Value (NAV as on 31.03.18)

Rs 53.00/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Salebhai Internet Limited5.56NA- (172.01)%0.46
Infibeam Incorporation Limited4.25129.693.27%836.72

- Promoter(s)


Company Promoter(s)

  1. Mrs. Geeta Ladha
  2. Mr. Santosh Ladha

IPO - Issue Objectives

  1. To meet the incremental Working Capital requirements of Company. ( Rs 8.50 Cr )
  2. General corporate purposes. ( Rs 2.07 Cr )
  3. Issue Expenses. ( Rs 0.50 Cr )

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. 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 IPO price band is set between Rs 90/- Per Equity Share .

Ans. To apply for Iris Clothings Private Limited IPO 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 allotment status for Iris Clothings Private Limited IPO here.