IPO IPO-Synopsis
Organic Recycling Systems Ltd

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Registered Office: # 1003 10th Flr The Affaires,Plot # 9 Sector 17 Sanpada , Navi Mumbai - 400705 , Maharashtra , India.
Phone : 022-41702222   Fax:
Email :  cs@organicrecycling.co.in  
Website :  www.organicrecycling.co.in
Public issue of 25,00,200 equity shares of Rs10/- each of Organic Recycling Systems Limited ("The Company" or the "Issuer") for cash at a price of Rs200/- per share (the "Issue Price"), aggregating to Rs50.00 crores ("The Issue"), of which, 1,30,200 equity shares of Rs10/- each will be reserved for subscription by market maker to the issue (as defined in the section "Definitions and Abbreviations") (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., issue of 23,70,000 equity shares of Rs10/- each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 32.47% and 30.78%, respectively of the post issue paid up equity share capital of the company. Fixed Price issue at Rs200 per equity share the offer price of Rs200 is 20 times of the face value. 600 equity shares for retail individual investors 600 equity shares and in multiples of 600 equity shares thereafter for non retail investors.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Sep-23 26-Sep-23 Rs200.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  Rs Cr Lead Managers to the Issue
Project Cost 47.98
Arihant Capital Markets Ltd
Project Financed through Current Offer 50.00  
Post Issue Equity Share Capital 7.70  
Issue Price Rs200.00  
Projects
Reduction of the aggregate outstanding borrowings of the companyGeneral corporate purposes
Promoted By
Sarang Bhand
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd