Iris Business Services Limited

Founded in 2000 and headquartered in Maharashtra, India.

2000 | Thane, Maharashtra (India) | Active
Last Updated:

Iris Business Services Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 20.54 Cr
  • Company Age 24 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.50 Cr
  • Satisfied Charges ₹ 61.38 Cr
  • Revenue Growth 21.04%
  • Profit Growth 444.22%
  • Ebitda 30.65%
  • Net Worth 11.90%
  • Total Assets 15.94%

About Iris Business Services

Iris Business Services Limited (IBSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 October 2000 and has a history of 24 years and six months. Its registered office is in Thane, Maharashtra, India.

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 Irisbusiness. 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 2024. It's a company limited by shares with an authorized capital of Rs 32.00 Cr and a paid-up capital of Rs 20.54 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. Vinod Agarwala, Subramaniam Swaminathan, Deepta Rangarajan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72900MH2000PLC128943

  • Company No.

    128943

  • Stock Symbol

    BSE : 540735 NSE : IRIS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 2000

  • Date of AGM

    14 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Company report

Iris Business Services Limited

Explore comprehensive data for Iris Business Services Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Iris Business Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Balachandran Krishnan Country flag representing In CFO01-May-2021Current
Swaminathan Subramaniam Country flag representing In CEO07-Feb-2015Current
Santoshkumar Sharma Company Secretary05-Jun-2021Current

Board Members (8)

NameDesignationAppointment DateStatus
Vinod Agarwala Country flag representing In Director 27-Nov-2017Current
Balachandran Krishnan Country flag representing In Whole-Time Director and Cfo 03-Oct-2000Current
Deepta Rangarajan Country flag representing In Whole-Time Director 03-Oct-2000Current
Ashok Venkatramani Country flag representing In Director 09-Oct-2017Current
Subramaniam Swaminathan Country flag representing In Whole-Time Director and Ceo 03-Oct-2000Current
Haseeb Drabu Country flag representing In Director 14-Aug-2021Current

Financial Performance 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%.

Iris Business Services revenue growth over time
Iris Business Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.04%
Revenue from Operations
20.29%
Total Assets
15.94%
Profit or Loss
444.22%
Net Worth
11.90%
EBITDA
30.65%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.50 Cr

Satisfied Charges

₹61.38 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.50 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2020Others₹11.50 CrOpen
31 Mar 2015Others₹16.75 CrSatisfied
12 Dec 2014Standard Chartered Bank₹3.39 CrSatisfied
10 Apr 2014Standard Chartered Bank₹9.30 CrSatisfied
16 Mar 2013Icici Bank Limited₹5.00 CrSatisfied

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.

Employee growth trends for Iris Business Services Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Iris Business Services

Recent activity within the organization

  • Annual General Meeting

    Iris Business Services Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Iris Business Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 11.50 Cr registered on 31 Dec 2020 with Charge ID 100407806 was modified on 19 Jun 2023.

  • Director Appointment

    Puthenpurackal Kuncheria Xavier Thomas was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 Nov 2022 & has been associated with this company since 2 years 5 months .

  • Charges

    A charge registered on 31 Mar 2015 via Charge ID 10604884 with Others was fully satisfied on 02 Mar 2022.

  • Director Appointment

    Haseeb Ahmad Drabu was appointed as a Director was appointed as a Director on 14 Aug 2021 & has been associated with this company since 3 years 8 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Iris Business Services Limited?

    Iris Business Services Limited was incorporated on 03 Oct 2000.

  • What is authorized share capital and paid-up capital of Iris Business Services Limited?

    The authorized share capital of Iris Business Services Limited is ₹ 32.00 Cr and paid-up capital is ₹ 20.54 Cr.

  • Who are the current board members & directors of Iris Business Services Limited?

    Currently 11 directors are associated with Iris Business Services Limited.

    • Vinod Balmukand Agarwala
    • Subramaniam Swaminathan
    • Deepta Rangarajan
    • Balachandran Krishnan
    • Haseeb Ahmad Drabu
    • Ashok Venkatramani
    • Puthenpurackal Kuncheria Xavier Thomas
    • Bhaswar Mukherjee
    • Balachandran Krishnan
    • Swaminathan Subramaniam
    • Santoshkumar Jaishanker Sharma

  • What is the registered address of Iris Business Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Iris Business Services Limited is T-231 Tower 2 3Rd Floor International Infortech Park, Stat Ion India, Vashi, Maharashtra, 400703.

  • What is the corporate identification number (CIN) and company number of Iris Business Services Limited?

    The corporate identification number (CIN) of Iris Business Services Limited is L72900MH2000PLC128943 and the company number is 128943 as per Ministry of Corporate Affairs (MCA).

  • Is Iris Business Services Limited registered with any stock exchange in India?

    Yes, Iris Business Services Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): IRIS.

  • What is the official website of Iris Business Services Limited?

    The Official website of Iris Business Services Limited is https://www.irisbusiness.com

  • What has been the recent revenue trend for Iris Business Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Iris Business Services Limited has risen by 21.04%.

  • How many employees does Iris Business Services Limited currently have?

    As Per 2023 financial reports, 343 employees are currently employed by Iris Business Services Limited.

  • What change has been observed in the net worth of Iris Business Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Iris Business Services Limited has experienced an upsurge of 11.90%.

  • What are the total open charges for Iris Business Services Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Iris Business Services Limited amount to ₹ 11.50 Cr.

  • When was the last Balance Sheet of Iris Business Services Limited filed with the ROC?

    The most recent Balance Sheet for Iris Business Services Limited was filed with the ROC on 31 Mar 2024.

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