Organic Recycling Systems Limited

ORGANICREC

Open now

₹200-200

per share

Bidding Dates

21-26 Sep

Min. Investment

₹120,000.00

Lot Size

600 shares

Issue Size

₹50 Cr

IPO Timeline

Bidding starts

21 Sep ‘23

Bidding ends

26 Sep ‘23

Allotment finalisation*

29 Sep ‘23

Refund initiation*

03 Oct ‘23

Demat transfer

04 Oct ‘23

Listing

05 Oct ‘23

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About the Organic Recycling Systems Limited IPO:

Incorporated in 2008, Organic Recycling Systems Limited is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain. Incorporated by technocrats our 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 biomethanation technology. Their Business verticals includes Build Own Operate Transfer (BOOT) model, Engineering Procurement and Commissioning (EPC) model and Supply of key equipment.

The company's projects are implemented keeping in the mind positive social impact on environment & well-being for society at large.Driven by principles of circular economy, we are committed to recover maximum resources from waste thereby reducing burden on landfills.

Now, Organic Recycling Systems Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised will be utilised Reduction of the aggregate outstanding borrowings of our Company 2. Towards general corporate purposes.

Here are key details about the Organic Recycling Systems Limited IPO

Company Name	Organic Recycling Systems Limited	Company Type	Private
Organic Recycling Systems LimitedIPO Opening Date	21st September, 2023	Organic Recycling Systems Limited IPO Closing Date	26th September 2023
Organic Recycling Systems Limited IPO Allotment Status	29th September 2023	Credit of Shares to the Demat Account	4th October 2023
Organic Recycling Systems Limited IPO Listing Date	5th October 2023	Organic Recycling Systems Limited IPO Face Value	₹ 10 per share
Organic Recycling Systems Limited IPO Lot Size	600 shares	Organic Recycling Systems Limited IPO Issue Size	Approx ₹ 50 crore
Organic Recycling Systems Limited IPO to be Listed on	BSE	Organic Recycling Systems Limited IPO Price band	₹ 200 per share

IPO analysis

Registrar information

Name

Maashitla Securities Private Limited

Phone number

011-45121795-6

Email ID

ipo@maashitla.com

Red herring prospectus

View documents submitted by company in filing to understand more details about them.

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