Comparison between Arabian Petroleum IPO and Organic Recycling Systems IPO.
Arabian Petroleum IPO is a SME Fixed Price IPO proposed to list at NSE SME while Organic Recycling Systems IPO is a SME Fixed Price proposed to list at BSE SME.
| Arabian Petroleum IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Arihant Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arabian Petroleum IPO is up to ₹19.21 Cr whereas the issue size of the Organic Recycling Systems IPO is up to ₹47.40 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Organic Recycling Systems IPO is ₹200.00 per share.
| Arabian Petroleum IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹70.00 per share | ₹200.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 600 shares |
| Fresh Issue Size | 27,44,000 shares | 23,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.21 Cr | up to ₹47.40 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 27,44,000 shares | 23,70,000 shares |
| Issue Size Total (Amount) | up to ₹19.21 Cr | up to ₹47.40 Cr |
Arabian Petroleum IPO opens on Sep 25, 2023, while Organic Recycling Systems IPO opens on Sep 21, 2023. The closing date of Arabian Petroleum IPO and Organic Recycling Systems IPO is Sep 27, 2023, and Sep 26, 2023, respectively.
| Arabian Petroleum IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 25, 2023 | Sep 21, 2023 |
| Issue Close | Sep 27, 2023 | Sep 26, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Sep 29, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 03, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Oct 04, 2023 |
| Listing date (Tentative) | Oct 09, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arabian Petroleum IPO P/E ratio is 11.51, as compared to Organic Recycling Systems IPO P/E ratio of 25.54.
| Arabian Petroleum IPO | Organic Recycling Systems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 30.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.45 | 20.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.51 | 25.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.24 Cr. | ₹153.99 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.08% | 21.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.47% | 13.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.75 | 2.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.08 | ₹7.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.08% | 14.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arabian Petroleum IPO Retail Individual Investors (RII) are offered 13,72,000 shares while in Organic Recycling Systems IPO retail investors are offered 13,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Arabian Petroleum IPO and in Organic Recycling Systems IPO.
| Arabian Petroleum IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,48,000 shares | 1,30,200 shares |
| QIB | ||
| NII | 13,72,000 shares | 11,85,000 shares |
| RII | 13,72,000 shares | 11,85,000 shares |
| Employee | ||
| Others | ||
| Total | 27,44,000 shares | 23,70,000 shares |
Arabian Petroleum IPO subscribed 19.91x in total, whereas Organic Recycling Systems IPO subscribed 3.24x.
| Arabian Petroleum IPO | Organic Recycling Systems IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 15.72x | 4.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 23.19x | 2.21x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 19.91x | 3.24x |
