Iris Clothings Limited Right Issue

₹47.58 Cr NSE 27 Mar 2025 – 17 Apr 2025

Closed Ratio: 1 : 6 NSE
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Issue Price
₹35.00
Face Value
₹2.00
Issue Size (Shares)
13,595,105
Issue Size (₹ Cr.)
₹47.58
📅 Right Issue Timetable
Last Date to Buy SharesWed, Mar 12, 2025
Record DateThu, Mar 13, 2025
Credit of Rights EntitlementsWed, Mar 26, 2025
Bid/Offer Opens OnThu, Mar 27, 2025
Issue Open DateThu, Mar 27, 2025
Renunciation Last DateWed, Apr 9, 2025
Bid/Offer Closes OnThu, Apr 17, 2025
Issue Close DateThu, Apr 17, 2025
Deemed Date of AllotmentThu, Apr 24, 2025
Credit DateMon, Apr 28, 2025
Listing DateFri, May 2, 2025
📋 Right Issue Details
Issue Size (Shares)13,595,105
Issue Size (Amount)₹47.58 Cr.
Issue Price₹35.00 per share
Face Value₹2.00 per share
Entitlement Ratio1 : 6
Listing AtNSE
Terms of PaymentThe entire amount of the Issue Price of ₹35 per Rights Equity Share shall be payable at the time of Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income122.02113.11
EBITDA
Net Worth
Reserves & Surplus52.8540.64

Amount in ₹ Crore

🏢 About the Company
Incorporated in 2011, Iris Clothings Limited is an Indian apparel company specializing in designing, manufacturing, branding, and selling ready-made garments for children under the brand name DOREME.

The company offers a diverse range of apparel for infants, toddlers, and junior boys and girls, catering to both indoor and outdoor needs.

With a strong presence in the domestic market, Iris Clothings has expanded its reach internationally, exporting products to various countries. The company operates with a workforce of approximately 1,380 employees and maintains a network of over 125 distributors across 26 states in India.

As of September 30th, the company operates four manufacturing facilities in West Bengal: Foreshore Road, Pachla, Uluberia, and Srijjan Industrial Park, equipped with automated stitching, finishing, and dispatch units.

As of January 31, 2025, the company has 1,389 employees.
📞 Company Contact
CompanyIris Clothings Limited
Address103/24/1,
Foreshore Road Shibpur,
Howrah – 711102
Howrah, West Bengal, 711102
Phone913326373856
Emailinfo@irisclothings.in
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd.
Phone044-28460390/28460391/28460392
Emailrights@cameoindia.com
WebsiteVisit ↗