# Iris Global files for IPO with up to ₹200 crore in new shares

_Published Tuesday, September 22, 2026 at 7:20 AM EDT · Products · Latest · Tier 2 — Notable_

![Iris Global files for IPO with up to ₹200 crore in new shares — Primary](https://media.assettype.com/freepressjournal/2025-06-20/tn53u01q/IPO-IPO-IPO-IPO-1.jpg)

Indian technology distributor Iris Global Services filed draft IPO papers with the Securities and Exchange Board of India, beginning regulatory review of a proposed offering. The plan includes up to ₹200 crore in newly issued shares and an offer for sale of as many as 5 crore shares by promoters Sanjiv Krishen and Kamini Talwar.

Iris plans to use the fresh proceeds for working capital and general corporate purposes. Selling shareholders will receive the offer-for-sale proceeds. A contemplated pre-IPO placement of up to ₹40 crore would reduce the fresh issue by the corresponding amount.

## Sources

- [Free Press Journal](https://www.freepressjournal.in/business/iris-global-services-opens-the-door-to-an-ipo-200-crore-fresh-issue-planned-after-sebi-filing)

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Canonical: https://techandbusiness.org/newswire/G3UpCxBo_TtUyOT6aw9MD0
Published: 2026-09-22T11:20:19.130Z
Story chronology: 2026-09-22T09:58:31.000Z
Retrieved: 2026-09-22T13:44:03.667Z
Publisher: Tech & Business (techandbusiness.org)