IRIS Business Services Ltd share Price Today

IRIS Business Services Limited was incorporated as a Private Limited Company with the name "IRISBusiness.com (India) Private Limited" at Mumbai Maharashtra on October 03, 2000. The name of the Company was changed to "IRISBusiness Services (India) Private Limited" on October 27, 2003. Further, name changed to "IRIS Business Services Private Limited" on July 13, 2009. Consequently, it was converted into a Public Limited Company and the name was changed "Iris Business Services Limited" on June 29, 2010. The Company is a global provider of software products in solutions related to compliance, data and analytics, encompassing various aspects of the information supply chain and data reporting standards like XBRL and SDMX. It has transitioned from a service-oriented approach to a model centered around a product suite driving revenue streams. The Company has been an evangelist and pioneer in building regulatory compliance solutions. It is a dedicated regtech solution provider and the only listed SaaS player in India`s regtech space. These solutions have been centered around data standards that enhance transparency through cleaner, verifiable and consistent reporting cum data sharing. IRIS has been an expert in the field of regulatory reporting, an innovator building new solutions and a nurturer while providing solutions and services to clients. The Company has established itself as a prominent global name in the area of regtech. It also occupies a distinct position in the market with IP driven product offerings across the information supply chain encompassing enterprises and regulators. The Company in October, 2017 came up with a Public Issue of 50,04,000 Equity Shares by raising equity funds aggregating Rs 16.01 Crores. The Company`s flagship product `IRISCARBON` made an entry into the newly introduced FERC filing mandate for utility companies in the US in 2022. Gap Inc, one of the largest American specialty apparel company, was among the first companies in the US to release its 2021 sustainability report in a digital format using the SASB XBRL taxonomy. GAP used IRIS CARBON for creating its sustainability report in inline XBRL in 2022. IRIS CARBON`s O365 based Disclosure Management was launched in 2023.

IRIS Business Services share price as on 03 Jul 2024 is Rs. 237.4. Over the past 6 months, the IRIS Business Services share price has increased by 75.4% and in the last one year, it has increased by 208.51%. The 52-week low for IRIS Business Services share price was Rs. 75.35 and 52-week high was Rs. 265.5.