The Organic Recycling Systems IPO has begun on 21-September-2023. It will close on 26-September-2023. The Total IPO Size is 50 Crores. The company set its IPO price is 200 Rs Per Share. Basically, There are two basic categories in Organic Recycling Systems IPO Subscription 1) Other 2 )Retail Individual Investors (RIIs)
Organic Recycling Systems is established in 2008.
Organic Recycling Systems is engaged in the solutions across waste types and across the value chain. the Company has been providing sustainable waste management solutions in India.
The Business verticals includes Build Own Operate Transfer (BOOT) model, Engineering Procurement and Commissioning (EPC) model and Supply of key equipment.
Check :- Upcoming SME IPO 2023
Organic Recycling Systems IPO Promotors
Mr. Sarang Bhand are the promoters of the company.
Organic Recycling Systems IPO Date, Details & Price Band
| IPO Opening Dates | 21 September 2023 |
| IPO Closing Dates | 26 September 2023 |
| Price Band | 200 Rs |
| Fresh issue | 50.00 Crore ( 2,500,200 Shares ) |
| Total IPO size | 50.00 Crore ( 2,500,200 Shares ) |
| Minimum bid (lot size) | 600 Shares |
| Face Value | 10 INR Per Share |
| Listing On | BSE SME |
Organic Recycling Systems IPO Market Lot
The Organic Recycling Systems IPO minimum market lot is 600 shares With 1,20,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 600 | 1,20,000 Rs |
| Maximum | 1 | 600 | 1,20,000 Rs |
| S-HNI (Min) | 2 | 1200 | 2,40,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | Basic EPS | |
| 31-Mar-21 | 10,272.69 | 1,578.18 | -449.37 | (10.86) |
| 31-Mar-22 | 10,669.35 | 1,756.67 | -535.03 | (12.93) |
| 31-Mar-23 | 11,931.10 | 2,534.10 | 365.38 | 7.83 |
Organic Recycling Systems IPO GMP Grey Market Premium
Organic Recycling Systems IPO GMP Grey market premium has been started today. Check Latest Organic Recycling Systems IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Organic Recycling Systems IPO Prospectus
| DRHP | Download |
| RHP | Download |
Organic Recycling Systems IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
Organic Recycling Systems IPO Form Download
Organic Recycling Systems IPO is available on NSE Website as well as on our Portal. Please click here Organic Recycling Systems IPO form Download.
Organic Recycling Systems IPO Allotment Date & Details (Tentative)
| Allotment Date | 29 September 2023 |
| Initiation of refunds | 03 October 2023 |
| Transfer of shares to Demat accounts | 04 October 2023 |
| Listing Date | 05 October 2023 |
| Check Allotment Status | Click here |
Organic Recycling Systems Contact Details
Maashitla Securities Private Limited
SEBI Registration No.: INR000004370
451, Krishna Apra Business Square
Netaji Subash Place, Pitampura
New Delhi – 110 034
Tel : 011-45121795;
Email : [email protected]
Website : www.maashitla.com
Contact Person : Mr. Mukul Agrawal
Organic Recycling Systems IPO Lead Managers
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.hemsecurities.com
Contact Person: Roshni Lahoti
SEBI Regn. No. INM000010981
Organic Recycling Systems IPO Lead Managers
Arihant Capital Markets Limited
Merchant Banking Division
SEBI Registration No.: INM 000011070
#1011, Solitaire Corporate Park, Guru Hargovindji Road,
Chakala, Andheri (E), Mumbai – 400 093
Tel : 022-42254800; Fax : 022-42254880
Email: [email protected]
Website: www.arihantcapital.com
Contact Persons: Mr. Amol Kshirsagar / Mr. Satish Kumar P