IPO Trending
ORGANICRECSME / BSEListed
Organic Recycling Systems

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.

DRHP
₹200 - ₹2003.3x sub
Listed Price₹215.00
Listing Gain+7.50%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open21 Sep 2023
Close26 Sep 2023
Allotment28 Sep 2023
Listing06 Oct 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail11,85,000 shares
47.4%
Nii(hni)11,85,000 shares
47.4%
Market Maker1,30,200 shares
5.21%

Minimum Application Lots

Retail1 Lot (600 shares)
₹1,20,000
HNI2 Lots (1,200 shares)
₹2,40,000

Company Promoters

Mr. Sarang Bhand

Company Background

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 proces...

Lead Managers & Bankers

Arihant Capital Markets Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021 )₹1578.18 Cr
Growth-37.7%
Revenue Trend (₹ in Crores)
0.0971.41.9k2.9kMar 2023Mar 2022 Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2021 1,578.18-449.37 10,272.695,449.89
Mar 2022 1,756.67-535.03 10,669.355,418.38
Mar 20232,534.10365.3811,931.106,981.41

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values7.8321.76%13.06%25.5442.11

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Maashitla Securities Private Limited

Allotment Finalized
Allotment Date
28 Sep 2023
Official Status
Out / Finalized
Registrar
Maashitla Securities Private Limited
Listing Date
06 Oct 2023

Official Allotment Verification Links

Official Registrar Portal
Maashitla Securities Private Limited

Direct allotment verification on the official registrar portal appointed for Organic Recycling Systems. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization28 Sep 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date06 Oct 2023Trading commences on exchange

How to Check Organic Recycling Systems Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Organic Recycling Systems from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Organic Recycling Systems IPO

Complete issue overview for Organic Recycling Systems (ORGANICREC) IPO. The issue features an equity share price band of ₹200 per share with a minimum retail lot size of 600 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions