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Iris Clothings IPO Dates Review, Price Band, Allotment & Market Lot

Table of Contents

Iris Clothings Limited is incorporated in 2004 based in Kolkata. The company is a manufacturer, designer and seller of kids wear. They are selling products under “DoReMe” brand name. The kids wear product range includes shorts, frocks, pants, dresses, t-shirts, tops, etc. They have over 60 distributors in India and more than 4000 retailers. They have over 600 employees on payroll. Iris Clothings ipo is starting from 10-October and ends on 12-October. The price band is around Rs.90 with 1600 market lot. The ipo size is around 11.07 crore rupees.

IPO Review:

  • Go for Long Term Only

Iris Clothings IPO Dates & Price Band:

  • IPO Open: 10-October-2018
  • IPO Close: 12-October-2018
  • IPO Size: Approx Rs 11.07 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.90 Per Equity Share
  • Listing on: NSE SME
  • Shares: 1,230,400
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 1,600 Shares (Minimum Lot Size)
  • Amount: Rs.1,44,000

IPO Allotment & Listing:

  • Basis of Allotment: 17-October-2018
  • Refunds: 17-October-2018
  • Credit to demat accounts: 19-October-2018
  • Listing: 23-October-2018

Financial Results:

  Rs. in Crore

Iris Clothings IPO Important Links:

Company Promoters:

  • Geeta Ladha
  • Santosh Ladha

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Cameo Corporate Services Limited
Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email: [email protected]
Website: http://www.cameoindia.com

IPO Lead Managers:

  • VC Corporate Advisors Pvt Ltd (VCAPL)

Company Address:
Iris Clothings Limited
103/24/1, Foreshore Road
Shibpur, Binani Metal Compound
Howrah – 711102
Phone: +91 33 26373856
Email: [email protected]
Website: www.doreme.in

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