Iris Business Services Profile
Key Indicators
- Authorised Capital ₹ 32.00 Cr
as on 11-07-2024
- Paid Up Capital ₹ 19.90 Cr
as on 11-07-2024
- Company Age 24 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.50 Cr
as on 11-07-2024
- Satisfied Charges ₹ 61.38 Cr
as on 11-07-2024
- Revenue 21.04%
(FY 2023)
- Profit 444.22%
(FY 2023)
- Ebitda 30.65%
(FY 2023)
- Net Worth 11.90%
(FY 2023)
- Total Assets 15.94%
(FY 2023)
About Iris Business Services
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540735 and on the National Stock Exchange(NSE) under IRIS.
The Corporate was formerly known as Iris Business.Com (India) Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 32.00 Cr and a paid-up capital of Rs 19.90 Cr.
The company currently has active open charges totaling ₹11.50 Cr. The company has closed loans amounting to ₹61.38 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Iris Business Services Limited India are Balachandran Krishnan as Cfo, Swaminathan Subramaniam as Ceo, and Santoshkumar Sharma as Company Secretary. Balachandran Krishnan, Deepta Rangarajan, Haseeb Drabu, and Five other members serve as directors at the Company.
Industry
Company Details
- Location
Thane, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Iris Business Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balachandran Krishnan  | CFO | 11-Sep-2017 | Current |
| Swaminathan Subramaniam | CEO | 07-Feb-2015 | Current |
| Santoshkumar Sharma | Company Secretary | 05-Jun-2021 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinod Agarwala | Director | 27-Nov-2017 | Current |
| Balachandran Krishnan | Whole-Time Director and Cfo | 03-Oct-2000 | Current |
| Deepta Rangarajan | Whole-Time Director | 03-Oct-2000 | Current |
| Ashok Venkatramani | Director | 09-Oct-2017 | Current |
| Haseeb Drabu | Director | 13-Nov-2020 | Current |
| Subramaniam Swaminathan | Whole-Time Director and Ceo | 03-Oct-2000 | Current |
Financial Performance and Corporate Structure Insights of Iris Business Services.
Iris Business Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.04% increase. The company also saw a substantial improvement in profitability, with a 444.22% increase in profit. The company's net worth Soared by an impressive increase of 11.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Iris Business Services?
In 2023, Iris Business Services had a promoter holding of 37.82% and a public holding of 62.18%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sbm Chemicals And Instruments Private LimitedActive 51 years 1 monthVinod Agarwala is a mutual person
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Extensible Business Reporting Language (Xbrl) IndiaActive 14 years 2 monthsBalachandran Krishnan is a mutual person
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Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 31 Dec 2020 | ₹11.50 Cr | Open |
Others Creation Date: 31 Mar 2015 | ₹16.75 Cr | Satisfied |
Standard Chartered Bank Creation Date: 12 Dec 2014 | ₹3.39 Cr | Satisfied |
How Many Employees Work at Iris Business Services?
Iris Business Services has a workforce of 343 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Iris Business Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Iris Business Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
