Organic Recycling Systems IPO Review, Dates, GMP, Fundamentals

Organic Recycling Systems IPO: The Rs 50.00 crore Organic Recycling Systems IPO is a fixed-price offering. The full 25 lakh share offering is a new issuance.

The IPO price for Organic Recycling Systems is $200 per share. For applications, a minimum lot size of 600 Shares is required. Retail investors are required to make investments of at least 120,000. For HNI, two lots (1,200 shares) are the required minimum investment, totaling 240,000.

Organic Recycling Systems IPO

The first public offering of Organic Recycling Systems begins accepting subscriptions on September 21, 2023, and ends on September 26, 2023. On Friday, September 29, 2023, the allocation for the IPO of Organic Recycling Systems is anticipated to be completed. The anticipated listing date for the Organic Recycling Systems IPO on the BSE SME is set for Thursday, October 5, 2023.

The Organic Recycling Systems IPO’s book-running lead manager is Arihant Capital Markets Ltd, and the issue’s registrar is Maashitla Securities Private Limited. Arihant Capital Markets is the market maker for Organic Recycling Systems’ IPO.

Organic Recycling Systems IPO Overview

Organic Recycling Systems Limited Company Overview
Company Name Organic Recycling Systems Limited
IPO Opening Date 21 September, 2023
IPO Closing Date 26 September, 2023
Face Value 10 Rupees Per Share
Share Price Range 200 Rupees Per Share
Lot Size 600 Shares
Total IPO Issue Size 2,500,200 Shares
Fresh Issue Size 2,500,200 Shares
IPO Listing At BSE SME
Share Holding Pre Issue 5,199,075
Share Holding Post Issue 7,699,275
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Organic Recycling Systems IPO Lot Size

Organic Recycling Systems Limited IPO Lot Size
Minimum Retail Applications 1 Lot
Maximum Retail Applications 1 Lot
Minimum HNI Applications 2 Lot
Total Shares In Single Lot 600 Shares
Amount For Single Lot 1,20,000 Rupees


Organic Recycling Systems IPO Time Table (Tentative)

Organic Recycling Systems Limited IPO Time Table Complete Details
IPO Initiation Date 21 September, 2023
IPO Ending Date 26 September, 2023
Basis Of Allotment 29 September, 2023
Initiation Of Refund 03 October, 2023
Shares Credit To Demat Account 04 October, 2023
Date Of Listing 05 October, 2023
Cut Off Time For UPI Mandate Confirmation 26 September, 2023 (5 PM)


Organic Recycling Systems IPO Reservation Details

Organic Recycling Systems Limited IPO Reservation Overview
Shares Offered To Retailers 50% Of Net Offer
Shares Offered To HNI 50% Of Net Offer


Organic Recycling Systems Company Financials

Organic Recycling Systems Limited Company Financials Information
This Data Is Of 31 March, 2023
Total Revenue 2,534.10 Cr
Assets 11,931.10 Cr
Profit After Tax 365.38 Cr
Net Worth 2,550.07 Cr
Reserves And Surplus 2,014.40 Cr
Debt 6,981.41 Cr


Is Organic Recycling Systems IPO Good Or Bad To Buy?

In order to create a win-win situation for everyone, the organization is involved in trash management with more technology components. Following the impact of the pandemic, the corporation experienced difficulties for FY21 and FY22.

The MSW projects’ specialized services and solutions segment’s performance in FY23 provides an indication of its future potential. The price of the problem seems to be high. However, savvy investors with extra capital may decide to park their money for medium- to long-term gains.


What Is The Objective Of Organic Recycling Systems IPO Issue?

  • For general company objectives.
  • Reduction of the Company’s total outstanding borrowings.


How To Apply For Organic Recycling Systems IPO?

  • Visit the website of your broker and log in to Console.
  • Access Portfolio and select the IPOs link.
  • Go to the ‘Organic Recycling Systems IPO’ table and select the ‘Bid’ option.
  • Your UPI ID, your quantity, the price.
  • Apply for an IPO by clicking “Submit.”
  • To authorize the mandate, log into the UPI App (net banking, or BHIM).

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