2012. [1]  Five IISERs have been established across the country, namely  IISER Kolkata  in  West Bengal ,  IISER Pune  in  Maharashtra , IISER Mohali  in  Punjab ,  IISER Bhopal  in  Madhya Pradesh  and  IISER Thiruvananthapuram  in  Kerala . [2] The financial outlay for each IISER is around  500  crore  ( US$