Comparison between Marco Cables IPO and Organic Recycling Systems IPO.
IPO Details
Marco Cables 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.
Issue Size and Price
The total issue size of Marco Cables IPO is up to ₹17.69 Cr whereas the issue size of the Organic Recycling Systems IPO is up to ₹47.40 Cr. The final issue price of Marco Cables IPO is ₹36.00 per share and of Organic Recycling Systems IPO is ₹200.00 per share.
| | Marco Cables IPO | Organic Recycling Systems IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹36.00 per share | ₹200.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 600 shares |
| Fresh Issue Size | 23,13,000 shares | 23,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.33 Cr | up to ₹47.40 Cr |
| OFS Issue Size | 26,01,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹9.36 Cr | up to ₹0.00 Cr |
| Issue Size Total | 49,14,000 shares | 23,70,000 shares |
| Issue Size Total (Amount) | up to ₹17.69 Cr | up to ₹47.40 Cr |
IPO Timetable
Marco Cables IPO opens on Sep 21, 2023, while Organic Recycling Systems IPO opens on Sep 21, 2023. The closing date of Marco Cables IPO and Organic Recycling Systems IPO is Sep 25, 2023, and Sep 26, 2023, respectively.
| | Marco Cables IPO | Organic Recycling Systems IPO |
|---|
| Issue Open | Sep 21, 2023 | Sep 21, 2023 |
| Issue Close | Sep 25, 2023 | Sep 26, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Sep 29, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Oct 03, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 04, 2023 |
| Listing date (Tentative) | Sep 28, 2023 | Oct 06, 2023 |
Financials & KPIs
Marco Cables IPO P/E ratio is 20.22, as compared to Organic Recycling Systems IPO P/E ratio of 25.54.
Shares Offered
In the Marco Cables IPO Retail Individual Investors (RII) are offered 24,57,000 shares while in Organic Recycling Systems IPO retail investors are offered 24,57,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Marco Cables IPO and in Organic Recycling Systems IPO.
| | Marco Cables IPO | Organic Recycling Systems IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,88,000 shares | 1,30,200 shares |
| QIB | 0 shares | |
| NII | 24,57,000 shares | 11,85,000 shares |
| RII | 24,57,000 shares | 11,85,000 shares |
| Employee | 0 shares | |
| Total | 49,14,000 shares | 23,70,000 shares |
Bids Received (Subscription)
Marco Cables IPO subscribed 29.80x in total, whereas Organic Recycling Systems IPO subscribed 3.24x.
