|Sales Growth||Profit Growth||Expense Growth||Stock Price CAGR|
The company was incorporated under the provisions of Companies Act, 1956 as ‘IRISBusiness.com (India) Private Limited’ in Mumbai vide Certificate of Incorporation issued by Registrar of Companies, Mumbai on October 3, 2000. It was converted into a public limited company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of the Company held on May 13, 2010 and the name of the company was changed to IRIS Business Services Limited and a fresh certificate of incorporation consequent upon Conversion of Private Company to Public Limited dated June 29, 2010 was issued by Registrar of Companies, Maharashtra, Mumbai.
Business area of the Company:
The company is a global provider of software products for compliance, data and analytics. It has developed a name for itself in the global RegTech Industry with a range of products that straddle the length of the information supply chain. It caters to Regulators including Central Banks, Business Registries, Capital Market Regulators and Stock Exchanges. It also provides solutions to the regulated, including Corporates, Banks, Mutual Funds and is operating in the domestic as well as overseas markets. It also provides IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies; IRIS FinX - an integrated consolidation application which enables end to end financial reporting by extracting data from source ERP systems, multiple databases, or spreadsheets; and IRIS GST - an application to file GST as well as XBRL conversion, consulting and training services.
Major Milestones of the Company: