Iris Clothings Rights Issue Details, Record Date, Issue Price, Subscription

Iris Clothings Rights Issue details are now available. The company plans to issue 1,35,95,105 equity shares amounting to Rs 47.58 crores. Iris Clothings Rights issue price is Rs 35 per share, and the face value is Rs 2 per share.

Iris Clothings Rights Issue's open date is March 27, 2025, and the close date is April 17, 2025. Iris Clothings' rights issue entitlement ratio is 1:6, which is 1 Rights Equity Share for every 6 fully paid-up Equity Shares held on the record date.

Iris Clothings Rights Issue record date is March 13, 2025. The last date to buy shares of Iris Clothings is March 12, 2025. Rights Issue subscription status will be available after the issue goes live.

Iris Clothings Rights Issue Allotment date is April 24, 2025, the Credit date is April 28, 2025, and the Listing date is May 2, 2025. However, the listing will be on NSE platforms.

Iris Clothings Rights Issue book-running lead manager is not yet disclosed. The registrar for the Iris Clothings rights Issue is Cameo Corporate Services Limited.

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Iris Clothings Rights Issue Details

Iris Clothings Rights Issue details are as follows: the company plans to issue 1,35,95,105 equity shares amounting to Rs 47.58 crores. Iris Clothings Rights issue price is Rs 35 per share. The rights issue entitlement ratio is 1:6, which is 1 Rights Equity Share for every 6 fully paid-up equity share(s).

Iris Clothings Rights Issue Dates

Iris Clothings Rights Issue record date is March 13, 2025. The last date to buy shares of Iris Clothings is March 12, 2025.

Iris Clothings Rights Issue Subscription

Iris Clothings Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 1 Rights Equity Share(s) for every 6 fully paid-up Equity Share(s) held on Record Date. The offer price is Rs 35 per share.

Iris Clothings Limited: About the Company

Iris Clothings Limited, established in 2004, is a leading apparel manufacturer based in Howrah, India. The company specializes in designing, manufacturing, branding, and selling high-quality readymade garments under its flagship brand, DOREME. Catering primarily to the kids' wear segment, Iris offers a diverse range of clothing for infants, toddlers, and pre-teens. Their product line includes tops, t-shirts, dresses, loungewear, sweatshirts, and accessories like bags and bottles.

With a robust presence across 26 Indian states and partnerships with over 140 distributors, Iris Clothings has also expanded its reach internationally to countries like Nepal, Portugal, and Saudi Arabia. The company operates nine manufacturing facilities with an annual production capacity of nine million units. Known for its commitment to quality and innovation, Iris Clothings continues to meet the evolving needs of modern consumers while maintaining affordability.

Iris Clothings Limited Financials (Amount in Rs crore)

Iris Clothings Rights Issue Objectives

Iris Clothings rights issue objectives is to augment the existing and incremental working capital requirement of the company and general corporate purposes.

Iris Clothings Rights Issue Registrar

Iris Clothings Limited's registrar is Cameo Corporate Services Limited. The book-running lead manager(s) on this rights issue has not yet been disclosed. 

FAQs

1. What are the details of the Iris Clothings Rights Issue?

Iris Clothings Rights Issue details are as follows: Iris Clothings plans to issue 1,35,95,105 equity shares amounting to Rs 47.58 crores. Iris Clothings Rights issue price is Rs 35 per share, and the face value is also Rs 2 per share. The rights issue entitlement ratio is 1:6, which is 1 Rights Equity Share(s) for every 6 fully paid-up equity share(s).

2. Iris Clothings Rights Issue open date and close date?

Iris Clothings Rights Issue's open date is March 27, 2025, and the close date is April 17, 2025. Iris Clothings Rights Issue record date is March 13, 2025. The last date to buy shares of Iris Clothings is March 12, 2025.

3. How can I apply for the Iris Clothings Rights Issue?

You can apply for Iris Clothings in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Iris Clothings Rights Issue?

Iris Clothings's rights issue entitlement ratio is 1:6, which is 1 Rights Equity Share(s) for every 6 fully paid-up equity shares (s).

5. How can I check the Iris Clothings Issue Allotment Status?

The registrar for this upcoming rights issue is Cameo Corporate Services Limited. Investors can check the allotment status by visiting the registrar's website here. 

6. From where can I get the Letter of Offer for the Iris Clothings rights issue?

You can download the Iris Clothings Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Iris Clothings Rights Issue?

The Iris Clothings Rights Issue listing date is May 2, 2025. However, the listing will be at NSE.

8. Who are the registrar and lead managers of the Iris Clothings Rights Issue?

Iris Clothings Limited's registrar is Cameo Corporate Services Limited. The book-running lead manager(s) for this rights issue has not yet been disclosed.

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