Iris Clothings Ltd - Prospectus Synopsis

Iris Clothings Ltd RHP

Registered Office : 103/24/1 Foreshore Road , Binani Metal Compound , Howrah - 711102 , West Bengal , India.

Phone : 91-33-26373856  Fax :

Email :    Website :

Public issue of 12,30,400 equity shares of Rs.10/- each (equity shares) of IRIS Clothings Limited (icl or the company or the issuer) for cash at a price of Rs.90/- per share (the issue price), including a premium of Rs.80/- per share, aggregating to Rs.11.07 Crores (the issue), of Which, 62,400 equity shares of Rs.10 each will be reserved for subscription by market maker to the issue (as defined in the section definitions And abbreviations) (the market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 11,68,000 equity Shares of Rs.10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.40% and 25.06%, respectively of The post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10/- each and the issue price is 9 (nine) times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Oct-2018 12-Oct-2018 Rs 90 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
  Rs Cr Lead Managers to the Issue
Project Cost 11.07 VC Corporate Advisors Pvt Ltd
Project Financed through Current Offer 11.07  
Post Issue Equity Share Capital 4.66  
Issue Price Rs. 90  
Incremental Working Capital Requirement
Promoted By Listing At Registrar to the Issue
Geeta Ladha
Santosh Ladha
NSE - SME Cameo Corporate Services Ltd

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