Organic Recycling Systems Limited

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 6th 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