IPO Synopsis

Iris Clothings Ltd

Registered Office: 103/24/1 Foreshore Road,Binani Metal Compound, Howrah - 711102, West Bengal, India. Phone : 91-33-26373856   Fax: Email : itsladha@irisclothings.in Website :www.irisclothings.in

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 Opens On Closes On 10-Oct-18 12-Oct-18 Money Payable On Application Allotment 90.00 0.00 Minimum Application for shares in Nos : 1600 Further Multiples of : 1600 Cr Lead Managers to the Issue Project Cost (.Cr) 11.07 VC Corporate Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 11.07   Post Issue Equity Share Capital (.Cr) 4.66 Issue Price () 90.00

Projects

Incremental Working Capital Requirement General Corporate Purposes

Promoted By

Santosh Ladha

Geeta Ladha

Listing At

NSE - SME

Registrar to the Issue

No Data Available