Organic Recycling IPO GMP, Review, Price, Allotment

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Last updated on October 6, 2023

Organic Recycling IPO GMP

Organic Recycling IPO description – Incorporated in 2008, Organic Recycling Systems focuses primarily on developing robust, cost-effective & environment-friendly technologies that are simple to operate. It has proven capabilities of successfully running one of India’s first Waste to Energy (WTE) plants developed on anaerobic biomethanation technology.

The anaerobic biomethanation technique has been recognized as a promising technology as per the National Master Plan issued by the government of India, it has also set up an MSW processing and disposal plant in Solapur, Maharashtra to convert Municipal Solid Waste (MSW) into electricity and compost.

The business verticals include the Build Own Operate Transfer (BOOT) model, the Engineering Procurement and Commissioning (EPC) model, and the supply of key equipment.

Organic Recycling Systems

Promoters of Organic RecyclingMr. Sarang Bhand


Organic Recycling IPO Details

Organic Recycling IPO Dates21 – 26 September 2023
Organic Recycling Issue PriceINR 200 per share
Fresh issue25,00,200 shares (INR 50.01 crores)
Offer For SaleNIL
Total IPO size25,00,200 shares (INR 50.01 crores)
Minimum bid (lot size)600 shares (INR 120,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Organic Recycling Financial Performance

 FY 2021FY 2022FY 2023
Revenue12.5214.6124.72
Expenses20.2722.9120.68
Net income(4.49)(5.35)3.65
Figures in INR crores unless specified otherwise

Organic Recycling Offer News


Organic Recycling Valuations & Margins

FY 2021FY 2022FY 2023
EPS(10.15)(12.09)7.83
PE ratio25.54
RONW (%)(33.24)(66.15)14.33
NAV49.05
ROCE (%)5.413.9113.06
EBITDA (%)26.1014.6546.50
Debt/Equity
*Compiled by IPO Central from Prospectus

Organic Recycling IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
5 October 2023106,000
4 October 2023106,000
3 October 2023106,000
27 September 20234
26 September 20234
25 September 20234
23 September 20237
22 September 20237
21 September 202310
20 September 202310
19 September 202310

Organic Recycling IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered1,250,1001,250,1002,500,200
26 Sep 20234.162.093.13
25 Sep 20231.971.031.50
22 Sep 20231.620.391.00
21 Sep 20230.810.160.48

Organic Recycling IPO Allotment Status

Organic Recycling IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.


Organic Recycling IPO Dates & Listing Performance

IPO Opening Date21 September 2023
IPO Closing Date26 September 2023
Finalization of Basis of Allotment29 September 2023
Initiation of refunds30 September 2023
Transfer of shares to demat accounts5 October 2023
IPO Listing Date6 October 2023
Opening Price on BSE SMEINR 215 per share (up 7.50%)
Closing Price on BSE SMEINR 225.75 per share (up 12.88%)

Organic Recycling Offer Lead Manager

ARIHANT CAPITAL MARKETS LIMITED
#1011, Solitaire Corporate Park, Guru Hargovindji Road,
Chakala, Andheri (E), Mumbai – 400 093
Phone: 022-42254800
Email[email protected]
Website: www.arihantcapital.com


Organic Recycling Offer Registrar

MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-45121795
Email: [email protected]
Website: www.maashitla.com


Organic Recycling Contact Details

ORGANIC RECYCLING SYSTEMS LIMITED
Office No. 1003, 10th Floor, The Affaires Plot No. 9,
Sector-17, Sanpada, Navi Mumbai- 400705
Phone: 022-41702222
E-mail: [email protected]
Website: www.organicrecycling.co.in


IPO FAQs

What is Organic Recycling Issue offer size?

Organic Recycling offer size is INR 50.01 crores.

What is the Organic Recycling offer price band?

Organic Recycling public offer price is INR 200 per share.

What is the lot size of Organic Recycling public offer?

Organic Recycling offer lot size is 600 shares.

What is Organic Recycling IPO GMP today?

Organic Recycling IPO GMP today is INR 10 per share.

What is Organic Recycling kostak rate today?

The organic recycling kostak rate today is INR NA per application.

What is Organic Recycling Subject to Sauda rate today?

Organic Recycling Subject to Sauda rate today is INR 6,000 per application.

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