XBOM
IRIS
Market cap78mUSD
Nov 12, Last price
371.70INR
Name
IRIS Business Services Ltd
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Profile
Established in 2000 and headquartered in Thane, India, IRIS RegTech Solutions Limited (formerly IRIS Business Services Limited, rebranding in November 2025) is a global provider of advanced regulatory technology solutions. The company's extensive reach spans India, the Middle East, Asia Pacific, Africa, the United States, Europe, and the United Kingdom. Operating across its SupTech, RegTech, TaxTech, and DataTech segments, IRIS offers a comprehensive suite of products and services engineered to streamline compliance, reporting, and data management. Core offerings include IRIS iDEAL, a specialized regulatory reporting platform for financial institutions like banks and investment firms; IRIS CARBON, a Software-as-a-Service (SaaS) platform designed for creating detailed financial and non-financial reports in XBRL/iXBRL formats; and IRIS GST Software, a complete GST filing solution featuring ERP connectivity, robust reconciliation, vendor management, and insightful MIS reports. The company further supports taxpayers with IRIS IRP for connection solutions, and IRIS iFILE, an electronic filing platform for efficient data collection, validation, and analysis. Its compliance toolkit also encompasses IRIS E-Invoicing, providing integrated e-invoicing with GST compliance and reconciliation, alongside IRIS Zircon, which offers APIs for GST, Eway bill, and e-invoicing to enterprises and partners. Additionally, IRIS provides IRI LMS, a litigation management tool designed to simplify GST audits and legal proceedings for businesses. Beyond essential reporting and compliance, IRIS delivers analytical and verification applications such as IRIS iConnect, an XBRL analytics tool seamlessly integrated with Microsoft Excel; IRIS Credixo, tailored for banks and fintech companies to develop sophisticated credit analysis models; and IRIS Peridot, a mobile application facilitating GST counterparty verification. Complementing its diverse product line, the company provides various services including workflow-based e-filing software, specialized tax technology consultation, taxonomy development and testing, as well as consulting and training. Its operational model incorporates software licensing, SaaS subscriptions, and ongoing application maintenance services. IRIS RegTech Solutions caters to a broad spectrum of clients, from central banks, business registries, capital market regulators, and stock exchanges to corporations, banks, and mutual funds.
Key people
Vineet Kandoi
Chief Financial Officer · since 2025
P K X Thomas
Chief Technology Officer · since 2022
Balachandran Krishnan
Chief Executive Officer, Executive Director · since 2025
Deepta Rangarajan
Whole-Time Director · since 2015
Santoshkumar Sharma
Compliance Officer, Company Secretary · since 2021
Haseeb Ahmad Drabu
Non-Executive Independent Director · since 2020
Madhavan Hariharan
Non-Executive Independent Director · since 2025
Bhaswar Mukherjee
Non-Executive Independent Chairman of the Board · since 2026
Ashok Venkatramani
Non-Executive Independent Director · since 2017
Headquarters & legal address
T-231, TOWER 2,3RD FLOOR
INTERNATIONAL INFOTECH PARK
VASHI STATION VASHI
THANE, MH 400703
IN
INTERNATIONAL INFOTECH PARK
VASHI STATION VASHI
THANE, MH 400703
IN
Previous name
IRIS BUSINESS SERVICES LIMITED
Valuation
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