Organic Recycling Systems Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹200 - ₹200
- Lot size
- 600 shares
- Issue amount
- ₹50 cr
- Total subscription
- 3.3×
- Opens
- 21 Sept 2023
- Closes
- 26 Sept 2023
- Allotment
- 28 Sept 2023
- Listing
- 6 Oct 2023
Offer at a glance
Issue overview
- Issue size
- 25,00,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹50 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,20,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 51,99,075
- Shares after issue
- 76,99,275
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 600 | ₹1,20,000 |
| HNI | 2 | 1,200 | ₹2,40,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 23.7 | 52.33 |
| NIB | 23.7 | 104.02 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 7.83 |
| ROE | 21.76 |
| ROCE | 13.06 |
| RONW | 14.33 |
| PRE IPO(PE) | 25.54 |
| POST IPO(PE) | 42.11 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2008, Organic Recycling Systems Limited (ORS) is an engineering company that provides sustainable waste management solutions. The company operates under BOOT, EPC, and Key Equipment supply models. ORS offers EPC services, commissioning, consulting, advisory, and lab services in the waste management sector. The company has set up an MSW processing plant in Solapur that converts solid waste into electricity and compost, using its patented DRYAD dry anaerobic digestion technology which can treat multiple types of waste.
Strengths
- Proven Technology & Capabilities backed by consistent performance.
- Presence Across Multiple Business Verticals enabling diversified revenue streams.
- High Growth Market Opportunities offering lucrative prospects.
- Alignment with UN Sustainable Development Goals (SDGs) supporting long-term ESG compliance.
- Experienced Promoters & Management Team with strong industry expertise.
Promoters
Mr. Sarang Bhand
Registrar & documents
Lead manager
Arihant Capital Markets Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No. 1003, 10th Floor, The Affaires Plot No. 9, Sector-17, Sanpada, Navi Mumbai- 400705
022-41702222
[email protected]Company website ↗Understanding ORGANICREC IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.