IRIS Business Services, which got listed on the bourses today, settled at a premium of 10.47% over its issue price. At the BSE, stock closed at Rs 35.35 a share as against issue price of Rs 32 a share.
Shares witnessed a high of Rs 38.40 and a low of Rs 34.00 after opening at Rs 34 that is 6.25% premium over its issue price.
IRIS Business Services is a global provider of software products for compliance, data and analytics.The company 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.