Iris Clothings Limited Profile
Doreme was originated in 2004 by Santosh Ladha to drape the biggest gifts of God- children. For the last one decade, the company has been designing, making and exporting readymade garments for little kids and teens.
And in these ten years, they have succeeded in establishing a strong presence in 14 states and 32 cities with 88 loyal distributors/wholesalers and 18,000 retailers all over India. They have the support of 720 highly efficient workers and intend to expand workforce by 350 more people within the end of this year. Their range of state-of-the-art machinery consists of cutting machine from Italy, printing machine from USA and Poland, stitching machines from Japan and China, finishing machine from India.
Iris Clothings Limited Promoters:
The Promoters of the company are Mr. Santosh Ladha and Mrs. Geeta Ladha
Iris Clothings Limited IPO Details:
Symbol: IRISCL
Issue Size: the Public issue of 12,30,400 Equity Shares (including Market Maker reservation portion of 62,400 equity shares)
Face Value: Rs 10
Price Range: Rs 90
Issue Type: Fixed Price
Bid Lot: 1600 Equity Shares and in multiples thereof.
Minimum Order Quantity: 1600 Equity Shares
Issue Period: 10 October 2018 to 12 October 2018
Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
Name of the Registrar: Cameo Corporate Services Limited
IPO Market Timings: 10.00 a.m. to 5.00 p.m.
Listing at: NSE SME
Iris Clothings Limited Financials:
| Iris Clothing’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2018 | ||
| Total revenue | 24.99 | 30.09 | 36.99 | 46.89 | 53.10 | |
| Total expenses | 24.00 | 29.74 | 36.02 | 44.47 | 48.34 | |
| Profit after tax | 0.68 | 0.24 | 0.65 | 1.60 | 3.38 | |
Iris Clothings Limited Allotment Status:
Iris Clothings Limited IPO Allotment Date: N/A
Iris Clothings Limited IPO Listing Date: N/A
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