IRIS Business IPO Details

Issue Open Sep 29, 2017
Issue Close Oct 4, 2017
IPO Price ₹34
Face Value ₹10
IPO Size ₹16.01 Cr
Listing At BSE SME
IPO Lot Size 4000

IRIS Business IPO allotment status is not available at this time. IPO share allotment process takes 6 working days from the issue closing date. Please revisit us to check the latest updates for IRIS Business Services Ltd IPO allotment status.

Note: Registrar of the IRIS Business IPO is responsible for IPO allotment and refund processing. Please contact the registrar with questions related to IPO Allotment Status Online. To understand the allocation of shares for IRIS Business Services Ltd IPO, check the Basis of Allotment document.

IRIS Business IPO Allotment FAQs

Sorry. The tentative date of allotment for IRIS Business IPO is not available at this time.

Below are the steps to check IRIS Business IPO allotment status online:

  • Visit the IRIS Business IPO allotment status page.
  • Click on the green IRIS Business IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the IRIS Business IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of IRIS Business IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The IRIS Business IPO grey market premium gives some hint but the actual listing price is difficult to guess.

IRIS Business IPO allotment status is expected on . Click the green button IRIS Business IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If IRIS Business IPO oversubscribed in the retail category, the IRIS Business IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The IRIS Business IPO shares will get listed on Wednesday, October 11, 2017. The equity share of IRIS Business Services Ltd will list on BSE SME.

The reason you didn't get the IRIS Business IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The IRIS Business IPO will open for bidding on Sep 29, 2017. The IPO application closes on Oct 4, 2017.