Iris Global Services Ltd. IPO Details
Iris Global Services was incorporated on April 20, 2009. The company is a B2B ICT distribution business connecting OEMs and technology brands with regional distributors, stockists, system integrators and value-added resellers across India. It distributes ICT products and solutions while providing logistics, fulfilment, credit support, channel enablement, warranty and annual maintenance services
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 50.0 M | - | - | ₹2,000.0 M | DRHP DOC |
IRIS Global Services issue details
IRIS Global Services has 50.0 M shares on offer
IRIS Global Services IPO issue size is ₹ 2,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
IRIS Global Services IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
IRIS Global Services NUMBER OF SHARES ON OFFER
IRIS Global Services FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 4,156.4 | 79.5 | 62.5 | 60.0 | 3.2% |
| FY25 | 3,229.1 | 62.3 | -45.2 | -46.9 | 3.0% |
| FY24 | 2,685.0 | 53.0 | 21.5 | 19.6 | 2.9% |
IRIS Global Services INFORMATION ON IPO ISSUE
About IRIS Global Services
Iris Global Services was incorporated on April 20, 2009. The company is a B2B ICT distribution business connecting OEMs and technology brands with regional distributors, stockists, system integrators and value-added resellers across India. It distributes ICT products and solutions while providing logistics, fulfilment, credit support, channel enablement, warranty and annual maintenance services
Object of the Issue
- Funding the working capital requirements of the company
- General corporate purposes
IRIS Global Services - PROMOTERS
| Name |
|---|
| Sanjiv Krishen |
| Kamini Talwar |
IRIS Global Services - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sanjiv Krishen | Chairman & Managing Director |
| Kamini Talwar | Whole-Time Director |
| Pankaj Dhingra | Whole-Time Director |
| Sameer Chaudhary | Independent Director |
| Megha Rautela Bisht | Independent Director |
| Manu Awasthy | Independent Director |
IRIS Global Services Book Running Lead Manager
Pantomath Capital Advisors Private Limited
iris.ipo@pantomathgroup.com
IRIS Global Services Registrar to the Offer
KFin Technologies Limited
irisglobal.ipo@kfintech.com
IRIS Global Services Strengths
Efficient supply chain
The ICT distribution sector has developed an efficient logistics and supply chain network capable of supporting large-scale movement of technology products across India. Established warehousing, transportation, inventory management and regional fulfilment systems help ensure product availability and timely delivery across geographically dispersed markets
Extensive channel network
The Indian ICT distribution market has a broad channel ecosystem comprising resellers, retailers, system integrators, managed service providers and regional partners. This extensive network enables technology products to reach metropolitan, Tier II, Tier III and rural markets, supporting adoption across enterprise, SMB, government and consumer segments
Integrated technology solutions
The ICT distribution market offers a wide range of products across computing, networking, storage, cybersecurity, power infrastructure, peripherals and software to address increasingly complex enterprise technology needs. This enables channel partners to provide integrated technology solutions rather than individual products, increasing the overall value delivered to customers
IRIS Global Services Risks
Product liability risk
The company may face complaints, claims or disputes arising from defects, quality issues, performance failures or warranty delays in ICT products supplied by Technology Brands. Such issues, including delays or disputes over warranty support and reimbursement, may result in financial liabilities, legal proceedings, reputational damage and weaker relationships with Channel Partners and Technology Brands
Depend on vendor logistics
The company relies on third-party logistics and transportation providers for certain customer-requested deliveries, making timely product movement dependent on their efficiency and reliability. Delays, disruptions or inefficiencies in these arrangements may affect product availability and delivery timelines, adversely impacting its business and financial performance
IT system disruption risk
The company relies on its ERP and information technology systems for key functions including procurement, sales, inventory, warehousing, logistics and accounting across its distribution network. System failures, connectivity issues, disruptions or inability to maintain and upgrade these systems may reduce operational efficiency and adversely affect its business and financial performance
IPO FAQs
The promoters of the company are Sanjiv Krishen and Kamini Talwar.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.