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Open
21 Sep 2023
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Close
26 Sep 2023
3
Allotment
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Listing
Fri, Oct 6, 2023
Price Band
₹200 per share
Issue Size
25,00,200 shares (agg. up to ₹50 Cr)
Lot Size
600 Shares
Listing Date
Fri, Oct 6, 2023
Latest GMP
₹16
Est. Gain
8%
✦ AI Insight
GMP Trend
06-10-2023₹16Est. ₹216+8%
05-10-2023₹16Est. ₹216+8%
04-10-2023₹16Est. ₹216+8%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.17x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 119.31 | 106.69 | 102.73 |
| Total Income | 25.34 | 17.57 | 15.78 |
| Profit After Tax | 3.65 | -5.35 | -4.49 |
| NET Worth | 25.50 | 8.09 | 13.44 |
| Reserves and Surplus | 20.14 | 7.63 | 12.98 |
| Total Borrowing | 69.81 | 54.18 | 54.50 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Hi-Green Carbon Ltd. | SME | ₹52.80 Cr | ₹75 | 13.13 | ₹80.85 | +7.80% | ₹121.10 |
| Urban Enviro Waste Management Ltd. | SME | ₹11.42 Cr | ₹100 | 30.49 | ₹148.05 | +48.05% | ₹128.15 |
| EMS Ltd. | Mainboard | ₹321.25 Cr | ₹211 | null | ₹279.90 | +32.65% | ₹378.40 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Reduction of the aggregate outstanding borrowings of the Company | 37.50 |
| 2 | Towards general corporate purposes | 10.48 |
About Organic Recycling Systems IPO
Updated on Aug 5, 2026
Contact Details
Organic Recycling Systems Ltd. AddressOffice No.1003, 10th FloorThe Affaires Plot No.9, Sector-17SanpadaMumbai, Maharashtra, 400705022-41702222cs@organicrecycling.co.inVisit Website