Small Function With Multiple Condition

[msharma864512]

I am trying to pull the ranks using small function from sheet 2, by matching sector (C3 from Sheet1) with column B from Sheet 2.
But now I also want more condition to be added, i.e. it should pull only those Ranks which are less than cell B5)

Please help me with the same, I have tried adding multiple conditions, but its showing errors

 

[bluesky63]

Hi,

Added in BOLD

=IFERROR(SMALL(IF(Sheet2!$B$4:$B$289=Sheet1!$C$3,IF(Sheet2!$C$4:$C$289<$B$5, Sheet2!$C$4:$C$289)),Sheet1!$B6), "<112")

 

[Peter Bartholomew]

An alternative to nesting the IF statements is to use a product for the AND relationship between the two conditions
= IFERROR( SMALL( IF( (PrimarySegment=Segment)*(TSRRank<threshold), TSRRank), k ), "TSR<112")

I have left the defined names that I introduced to help me make sense of the formula but it should be obvious what they reference.