Organic Recycling Systems Ltd
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Organic Recycling Systems Ltd IPO Timeline
Organic Recycling Systems Limited was originally incorporated as 'Organic Recycling Systems Private Limited' under Companies Act, 1956 on 29th August 2008 by RoC, Mumbai. Subsequently, Company converted into a Public Limited at the Extra Ordinary General Meeting held on September 26, 2022 and name of the Company was changed to 'Organic Recycling Systems Limited' vide a fresh Certificate of Incorporation dated 29th September 2022, issued by RoC, Mumbai.
| Event | Date |
|---|---|
| Organic Recycling Systems Ltd IPO Opening Date | 21 September 2023 |
| Organic Recycling Systems Ltd IPO Closing Date | 26 September 2023 |
| Basis of Allotment | 3 October 2023 |
| Initiation of Refunds | 4 October 2023 |
| Credit of Shares to Demat | 5 October 2023 |
| Organic Recycling Systems Ltd IPO Listing Date | 6 October 2023 |
Organic Recycling Systems Ltd IPO Details
| Organic Recycling Systems Ltd IPO Date | - |
| Organic Recycling Systems Ltd IPO Face Value | - |
| Organic Recycling Systems Ltd IPO Price | - |
| Organic Recycling Systems Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sarang Bhand |
Organic Recycling Systems Ltd IPO Lot Size
The Organic Recycling Systems Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- Service provider in MSW management sector focusing on processing and disposal of MSW.
- Patented technological capabilities for providing customized solutions to end customers.
- Track record of project execution.
- Experienced Promoters and Management Team with Strong Domain Expertise along with strong technical capabilities and data driven approach enabling the company to capitalize on the huge growth potential in the MSW space.
Company Financials
Organic Recycling Systems Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 208.66 | 18.42 | 3.15 |
| 03-2023 | 194.93 | 13.64 | 4.72 |
| 03-2022 | 180.85 | 10.69 | 1.36 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Reduction of the aggregate outstanding borrowings of the company
- General corporate purposes
Organic Recycling Systems Ltd IPO Promoter Holding
| Pre Issue Share Holding | 30.14% |
| Post Issue Share Holding | 20.35% |
Organic Recycling Systems Ltd IPO Subscription Status (Bidding Detail)
The Organic Recycling Systems Ltd IPO is subscribed 3.1267 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 3.1267 |
Organic Recycling Systems Ltd IPO Prospectus
Organic Recycling Systems Ltd IPO Listing Date
| BSE Script | 543997 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0MIO01019 |
| IPO Price | ₹200 |
| Face Value | ₹10 |
Company Contact Information
# 1003 10th Flr The AffairesPlot # 9 Sector 17 Sanpada,Navi Mumbai-400705
Phone: 022-41702222
Email: cs@organicrecycling.co.in
Website: www.organicrecycling.co.in
Organic Recycling Systems Ltd IPO Registrar
Organic Recycling Systems Ltd IPO Lead Manager(s)
- Arihant Capital Markets Ltd
FAQ
What is the issue size of Organic Recycling Systems Ltd IPO?
I have pre-applied for Organic Recycling Systems Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.