IRIS RegTech Solutions Limited (IRIS.BO)
IRIS RegTech Solutions Limited operates in the Software - Application industry of the Technology sector, headquartered in Navi Mumbai, MA, IN. The stock last traded at $240.75, down 0.39% on the session, giving a market capitalisation of $4.88B. Its beta of 0.58 implies it has historically moved less than the broad market.
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.
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