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Iris Clothings IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 11.07 Cr. The company is based in Kolkata and caters to Textiles sector. Vc Corporate Advisors (Vcapl) is the merchant banker of Iris Clothings IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th August 2018.
Iris Clothings IPO open date is 10th October 2018 and close date is 12th October 2018. IPO Allotment Date is 17th October 2018 and Listing date is 23rd October 2018.
IPO
Size:
₹ 11.07 Cr.
Avg IPO Size (Sector Based)
: ₹
14.68 cr.
Sector: Textiles
SME
IPO so far:
88
Merchant Banker:
Vc Corporate
SME
IPO by BRLM so far:
3
City:
Kolkata
SME
IPO so far:
71
Revenue (annualised):
₹
145.64
cr. 
PE
Ratio:
9.00x
Average Sector PE Ratio: 19.25x
Iris Clothings IPO size is ₹ 11.07 Cr. with IPO price of ₹ 90.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Vc Corporate Advisors Private Limited (Vcapl) is the book-running lead manager of the Iris Clothings IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Choice Equity Broking Private Limited for Iris Clothings IPO.
Iris Clothings IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Iris Clothings IPO, based in Kolkata, operates in the Textiles sector with a focus on Selling of Kids Wear. The company sells its products under the brand name DoReMe in India.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Iris Clothings IPO size is ₹ 11.07 Cr. with fresh issue size of ₹ 11.07 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Iris Clothings IPO is expected to be 17th October 2018, after the finalization of basis of allotment. Investors can check Iris Clothings IPO allotment status on the registrars website, Cameo Corporate Services Limited . Iris Clothings IPO refund dates are 17th October 2018.
Iris Clothings IPO is expected to be listed on 23rd October 2018.
The upper price band for the Iris Clothings IPO is set at ₹ 90.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Iris Clothings IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Iris Clothings IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 12th October 2018. After submission, funds are blocked until the basis of allotment of Iris Clothings IPO is finalised.
The merchant banker for Iris Clothings IPO is Vc Corporate Advisors Private Limited (Vcapl) . Vc Corporate Advisors Private Limited (Vcapl) manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Iris Clothings IPO RHP for further details.
The registrar for Iris Clothings IPO is Cameo Corporate Services Limited . Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Iris Clothings IPO through their official website or helpline.
Iris Clothings IPO was subscribed 1.14 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 11.07 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.68 Cr.
Sector: Textiles
SME
IPO so far:
88
Merchant Banker:
Vc Corporate
SME
IPO by BRLM so far:
3
City:
Kolkata
SME
IPO so far:
71
Revenue (annualised):
₹ 145.64 cr.
PE
Ratio:
9.00x
Average Sector PE Ratio: 19.25x
Iris Clothings IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Iris Clothings Financial Review Page
Merchant Banker(s) of Iris Clothings IPO: Vc Corporate Advisors Private Limited (Vcapl)
Iris Clothings IPO subscription was 1.14 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Iris Clothings IPO listed at a listing price of 90.00 against the offer price of 90.00.
The current market price of Iris Clothings is 62.77.
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