Organic Recycling Systems is an engineering corporate thinking about environmental answers and gives waste control answers throughout waste sorts and the worth chain. The Company has been a forerunner in offering sustainable waste control answers in India since 2008. Incorporated by means of technocrats their focal point basically has been on growing powerful, cost-effective & environment-friendly applied sciences which can be easy to perform. They have confirmed era and capacity of effectively working one among India’s first Waste to Energy (WTE) crops advanced on anaerobic bio methanation era.
The anaerobic bio methanation methodology has been known as a promising era as consistent with the National Master Plan issued by means of the Government of India, They have additionally arrange an MSW processing and disposal plant in Solapur, Maharashtra to transform Municipal Solid Waste (MSW) into electrical energy and compost. The plant has been operational since 2013 with the plant being known as one of the crucial case research for highest practices for MSWM beneath the Swachh Bharat Mission and more than a few different studies. With the information accumulated through the years, the corporate is now a front-runner for more than a few EPC alternatives within the nation and subsequently offering answers encompassing all of the worth chain for waste control.
Organic Recycling Systems Business verticals come with the Build Own Operate Transfer (BOOT) style, Engineering Procurement and Commissioning (EPC) style, and Supply of key apparatus. Their tasks are applied holding within the thoughts certain social have an effect on at the surroundings & well-being of society at massive. Driven by means of ideas of round financial system, they’re dedicated to improving most assets from waste thereby decreasing the load on landfills.
Objects of the Issue:
- Reduction of the combination remarkable borrowings of the Company.
- Towards normal company functions.
Organic Recycling Systems IPO Review
Organic Recycling Systems IPO Date & Price Band Details
| IPO Open: | September 21, 2023 |
| IPO Close: | September 26, 2023 |
| IPO Size: | Approx ₹50.00 Crores, 2,500,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹200 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the online be offering |
| NII Quota: | 50% of the online be offering |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Organic Recycling Systems IPO Market Lot
The Organic Recycling Systems IPO minimal marketplace lot is 600 stocks with a ₹120,000 software quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹120,000 |
| Retail Maximum | 1 | 600 | ₹120,000 |
| S-HNI Minimum | 2 | 1200 | ₹240,000 |
Organic Recycling Systems IPO Dates
The Organic Recycling Systems IPO date is September 21 and the IPO shut date is September 26. The IPO allotment date is September 29 and the IPO would possibly listing on October 5.
| IPO Open Date: | September 21, 2023 |
| IPO Close Date: | September 26, 2023 |
| Basis of Allotment: | September 29, 2023 |
| Refunds: | October 3, 2023 |
| Credit to Demat Account: | October 4, 2023 |
| IPO Listing Date: | October 5, 2023 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Organic Recycling Systems IPO Form
How to use Organic Recycling Systems IPO? You can follow Organic Recycling Systems IPO by means of ASBA to be had to your checking account. Just move to the web financial institution login and follow by means of your checking account by means of deciding on the Organic Recycling Systems IPO within the Invest phase. The different choice you’ll be able to follow Organic Recycling Systems IPO by means of IPO paperwork obtain by means of the BSE web page. Check out the Organic Recycling Systems paperwork – click on BSE IPO Forms obtain, fill and post to your financial institution or together with your dealer.
Organic Recycling Systems Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹15.78 | ₹20.27 | –₹4.49 |
| 2022 | ₹17.57 | ₹22.91 | –₹5.35 |
| 2023 | ₹25.34 | ₹20.68 | ₹3.65 |
Organic Recycling Systems IPO Valuation – FY2023
Check Organic Recycling Systems IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
| Earning Per Share (EPS): | ₹7.83 consistent with Equity Share |
| Price/Earning P/E Ratio: | 25.54 |
| Return on Net Worth (RoNW): | 14.33% |
| Net Asset Value (NAV): | ₹49.05 consistent with Equity Share |
Peer Group
Organic Recycling Systems IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/
Organic Recycling Systems IPO Allotment Status
Check Organic Recycling Systems IPO allotment standing on Maashitla Securities web page URL. Click Here
Organic Recycling Systems IPO Lead Managers aka Merchant Bankers
- Arihant Capital Markets Ltd
Company Address
Organic Recycling Systems Limited
Office No. 1003, tenth Floor,
The Affaires Plot No. 9, Sector-17,
Sanpada, Navi Mumbai- 400705
Phone: 022-41702222
Email: [email protected]
Website: https://organicrecycling.co.in/
Organic Recycling Systems IPO FAQs
What is Organic Recycling Systems IPO?
Organic Recycling Systems IPO is an BSE SME IPO. They are going to lift ₹50.00 Crores by means of IPO. The factor is priced at ₹200 consistent with fairness percentage. The IPO is to be indexed on BSE.
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What is Organic Recycling Systems IPO Price Band?
Organic Recycling Systems IPO Price Band is ₹200 consistent with fairness percentage.
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Note: The Organic Recycling Systems IPO main points are introduced formally. The IPO gray marketplace top class (Organic Recycling Systems IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.)
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– Source : IPOWATCH