Organic Recycling Systems IPO Date, Review, Price, Allotment Details

Organic Recycling Systems IPO Details: Organic Recycling Systems IPO date is fixed, The IPO will open on September 21 and will close on September 26. Organic Recycling Systems is an BSE SME IPO to raise ₹50.00 crores via IPO. The Organic Recycling Systems IPO price band is fixed at ₹200 with a market lot of 600 shares.

Organic Recycling Systems IPO

Table of Contents


Organic Recycling Systems is an engineering company focused on environmental solutions and provides waste management solutions across waste types and the value chain. The Company has been a forerunner in providing sustainable waste management solutions in India since 2008. Incorporated by technocrats their focus primarily has been on developing robust, cost-effective & environment-friendly technologies that are simple to operate. They have proven technology and capability of successfully running one of India’s first Waste to Energy (WTE) plants developed on anaerobic bio methanation technology.


The anaerobic bio methanation technique has been recognized as a promising technology as per the National Master Plan issued by the Government of India, They have also set up an MSW processing and disposal plant in Solapur, Maharashtra to convert Municipal Solid Waste (MSW) into electricity and compost. The plant has been operational since 2013 with the plant being recognized as one of the case studies for best practices for MSWM under the Swachh Bharat Mission and various other reports. With the data collected over the years, the company is now a front-runner for various EPC opportunities in the country and therefore providing solutions encompassing the entire value chain for waste management.

Organic Recycling Systems Business verticals include the Build Own Operate Transfer (BOOT) model, Engineering Procurement and Commissioning (EPC) model, and Supply of key equipment. Their projects are implemented keeping in the mind positive social impact on the environment & well-being of society at large. Driven by principles of circular economy, they are committed to recovering maximum resources from waste thereby reducing the burden on landfills.


Objects of the Issue:

  • Reduction of the aggregate outstanding borrowings of the Company.
  • Towards general corporate purposes.

Organic Recycling Systems IPO Review

  • May Apply

Organic Recycling Systems IPO Date & Price Band Details

IPO Open:September 21, 2023
IPO Close:September 26, 2023
IPO Size:Approx ₹50.00 Crores, 2,500,200 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹200 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Organic Recycling Systems IPO Market Lot

The Organic Recycling Systems IPO minimum market lot is 600 shares with a ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum1600₹120,000
Retail Maximum1600₹120,000
S-HNI Minimum21200₹240,000

Organic Recycling Systems IPO Dates

The Organic Recycling Systems IPO date is September 21 and the IPO close date is September 26. The IPO allotment date is September 29 and the IPO might list on October 6.

IPO Open Date:September 21, 2023
IPO Close Date:September 26, 2023
Basis of Allotment:September 29, 2023
Refunds:October 3, 2023
Credit to Demat Account:October 4, 2023
IPO Listing Date:October 6, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Organic Recycling Systems IPO Form

How to apply Organic Recycling Systems IPO? You can apply Organic Recycling Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Organic Recycling Systems IPO in the Invest section. The other option you can apply Organic Recycling Systems IPO via IPO forms download via the BSE website. Check out the Organic Recycling Systems forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.


Organic Recycling Systems Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹15.78₹20.274.49
2022₹17.57₹22.915.35
2023₹25.34₹20.68₹3.65

Organic Recycling Systems IPO Valuation – FY2023

Check Organic Recycling Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹7.83 per Equity Share
Price/Earning P/E Ratio:25.54
Return on Net Worth (RoNW):14.33%
Net Asset Value (NAV):₹49.05 per Equity Share

Peer Group

  • NA

Company Promoters

  • Mr. Sarang Bhand

Organic Recycling Systems IPO Registrar

Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/

Organic Recycling Systems IPO Allotment Status

Check Organic Recycling Systems IPO allotment status on Maashitla Securities website URL. Click Here

Organic Recycling Systems IPO Lead Managers aka Merchant Bankers

  • Arihant Capital Markets Ltd

Company Address

Organic Recycling Systems Limited
Office No. 1003, 10th Floor,
The Affaires Plot No. 9, Sector-17,
Sanpada, Navi Mumbai- 400705
Phone: 022-41702222
Email: [email protected]
Website: https://organicrecycling.co.in/

Organic Recycling Systems IPO FAQs


What is Organic Recycling Systems IPO?

Organic Recycling Systems IPO is an BSE SME IPO. They are going to raise ₹50.00 Crores via IPO. The issue is priced at ₹200 per equity share. The IPO is to be listed on BSE.

When Organic Recycling Systems IPO will open?

The IPO is to open on September 21, 2023 for QIB, NII, and Retail Investors.

What is Organic Recycling Systems IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the Organic Recycling Systems IPO?

You can apply Organic Recycling Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Organic Recycling Systems IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Organic Recycling Systems”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Organic Recycling Systems IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Organic Recycling Systems”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Organic Recycling Systems IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Organic Recycling Systems”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Organic Recycling Systems IPO Size?

Organic Recycling Systems IPO size is ₹50.00 crores.

What is Organic Recycling Systems IPO Price Band?

Organic Recycling Systems IPO Price Band is ₹200 per equity share.

What is Organic Recycling Systems IPO Minimum and Maximum Lot Size?

The IPO bid is 600 shares with ₹120,000.

What is Organic Recycling Systems IPO Allotment Date?

Organic Recycling Systems IPO allotment date is September 29, 2023.

What is Organic Recycling Systems IPO Listing Date?

Organic Recycling Systems IPO listing date is October 5, 2023. The IPO to list on BSE SME.

Note: The Organic Recycling Systems IPO details are announced officially. The IPO grey market premium (Organic Recycling Systems IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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