Lava Iris 503 official Pictures. Lava Iris 503 is a Smartphone of lava. The Lava Iris 503 Android Smartphone. Announced Oct 2013. Features 5.0″ Display, 3.15 MP Primary Camera, 1.3 MP Front Camera, 2000 MAh Battery, 4 GB Storage, 512 MB RAM. Lava Iris 503 price starts.