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.
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.
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 IPO | Organic Recycling Systems IPO |
|---|
| 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 |
Financials & KPIs
Arabian Petroleum IPO P/E ratio is 11.51, as compared to Organic Recycling Systems IPO P/E ratio of 25.54.
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 IPO | Organic Recycling Systems IPO |
|---|
| Market Maker Reservation | 1,48,000 shares | 1,30,200 shares |
| NII | 13,72,000 shares | 11,85,000 shares |
| RII | 13,72,000 shares | 11,85,000 shares |
| Total | 27,44,000 shares | 23,70,000 shares |
Bids Received (Subscription)
Arabian Petroleum IPO subscribed 19.46x in total, whereas Organic Recycling Systems IPO subscribed 3.24x.
