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Arabian Petroleum IPO vs Organic Recycling Systems IPO

Comparison between Arabian Petroleum IPO and Organic Recycling Systems IPO.

IPO Details

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 IPOOrganic Recycling Systems IPO
LogoArabian Petroleum IPO LogoOrganic Recycling Systems IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Arihant Capital Markets Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Arihant Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOOrganic 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 Size2000 shares600 shares
Fresh Issue Size27,44,000 shares23,70,000 shares
Fresh Issue Size (Amount)up to ₹19.21 Crup to ₹47.40 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,44,000 shares23,70,000 shares
Issue Size Total (Amount)up to ₹19.21 Crup to ₹47.40 Cr

IPO Timetable

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 IPOOrganic Recycling Systems IPO
Anchor Bid Date
Issue OpenSep 25, 2023Sep 21, 2023
Issue CloseSep 27, 2023Sep 26, 2023
Basis Of Allotment (Tentative)Oct 04, 2023Sep 29, 2023
Initiation of Refunds (Tentative)Oct 05, 2023Oct 03, 2023
Credit of Share (Tentative)Oct 06, 2023Oct 04, 2023
Listing date (Tentative)Oct 09, 2023Oct 06, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Arabian Petroleum IPO P/E ratio is 11.51, as compared to Organic Recycling Systems IPO P/E ratio of 25.54.

 Arabian Petroleum IPOOrganic Recycling Systems IPO
Financials
Arabian Petroleum IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets5,031.887,134.947,650.88
Total Income11,024.5419,159.1024,394.68
Profit After Tax287.54414.34486.48
Net Worth1,301.981,716.322,202.80
Reserves and Surplus1,101.981,516.321,402.80
Total Borrowing2,197.752,948.973,830.66
Amount in ₹ Lakhs
Organic Recycling Systems IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets10,272.6910,669.3511,931.10
Total Income1,578.181,756.672,534.10
Profit After Tax-449.37-535.03365.38
Net Worth1,343.88808.862,550.07
Reserves and Surplus1,298.11763.082,014.40
Total Borrowing5,449.895,418.386,981.41
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0030.14
Promoter Shareholding (Post-Issue)73.4520.35
P/E Ratio11.5125.54
Market Cap₹76.24 Cr.₹153.99 Cr.
ROE22.08%21.76%
ROCE32.47%13.06%
Debt/Equity1.752.70
EPS₹6.08₹7.83
RoNW22.08%14.33%

Shares Offered

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 IPOOrganic Recycling Systems IPO
Anchor Investor Reserveration
Market Maker Reserveration1,48,000 shares1,30,200 shares
QIB
NII13,72,000 shares11,85,000 shares
RII13,72,000 shares11,85,000 shares
Employee
Others
Total27,44,000 shares23,70,000 shares

Bids Received (Subscription)

Arabian Petroleum IPO subscribed 19.91x in total, whereas Organic Recycling Systems IPO subscribed 3.24x.

 Arabian Petroleum IPOOrganic Recycling Systems IPO
QIB (times)
NII (times)15.72x4.28x
Big NII (times)
Small NII (times)
RII (times)23.19x2.21x
Employee (times)
Other (times)
Total (times)19.91x3.24x