Organic Recycling Systems Limited
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₹16(8.00%)
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Organic Recycling Systems Limited's successfully completed its Initial Public Offering and commenced trading on Oct 06, 2023 at the BSE exchange. The company raised 25,00,200 Shares through this public offering, comprising 25,00,200 Shares in fresh capital.
The IPO was priced within the band of ₹200 to ₹200, with minimum application lots of 600 shares. The offering attracted significant investor interest during its subscription period from Sep 21, 2023 to Sep 26, 2023.
Share allotment was finalized on Sep 28, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2008, Organic Recycling Systems Limited (ORS) is an engineering company that provides sustainable waste management solutions. The company operates under BOOT, EPC, and Key Equipment supply models. ORS offers EPC services, commissioning, consulting, advisory, and lab services in the waste management sector. The company has set up an MSW processing plant in Solapur that converts solid waste into electricity and compost, using its patented DRYAD dry anaerobic digestion technology which can treat multiple types of waste.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Proven Technology & Capabilities backed by consistent performance.
- Presence Across Multiple Business Verticals enabling diversified revenue streams.
- High Growth Market Opportunities offering lucrative prospects.
- Alignment with UN Sustainable Development Goals (SDGs) supporting long-term ESG compliance.
- Experienced Promoters & Management Team with strong industry expertise.
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- Mr. Sarang Bhand
Organic Recycling Systems Limited
Maashitla Securities Private Limited