Comparison between Organic Recycling Systems IPO and Sunita Tools IPO.
Organic Recycling Systems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sunita Tools IPO is a SME Fixed Price proposed to list at BSE SME.
| Organic Recycling Systems IPO | Sunita Tools IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Arihant Capital Markets Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Arihant Capital Markets Ltd. | SS Corporate Securities 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 Organic Recycling Systems IPO is up to ₹47.40 Cr whereas the issue size of the Sunita Tools IPO is up to ₹20.91 Cr. The final issue price of Organic Recycling Systems IPO is ₹200.00 per share and of Sunita Tools IPO is ₹145.00 per share.
| Organic Recycling Systems IPO | Sunita Tools IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹200.00 per share | ₹145.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1000 shares |
| Fresh Issue Size | 23,70,000 shares | 12,42,000 shares |
| Fresh Issue Size (Amount) | up to ₹47.40 Cr | up to ₹18.01 Cr |
| OFS Issue Size | 0 shares | 2,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.90 Cr |
| Issue Size Total | 23,70,000 shares | 14,42,000 shares |
| Issue Size Total (Amount) | up to ₹47.40 Cr | up to ₹20.91 Cr |
Organic Recycling Systems IPO opens on Sep 21, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Organic Recycling Systems IPO and Sunita Tools IPO is Sep 26, 2023, and Oct 03, 2023, respectively.
| Organic Recycling Systems IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2023 | Sep 26, 2023 |
| Issue Close | Sep 26, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Sep 29, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Oct 03, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 04, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Oct 06, 2023 | Oct 11, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Organic Recycling Systems IPO P/E ratio is 25.54, as compared to Sunita Tools IPO P/E ratio of 16.88.
| Organic Recycling Systems IPO | Sunita Tools IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 30.14 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 20.35 | 72.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 25.54 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹153.99 Cr. | ₹81.56 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.76% | 1259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.06% | 36.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.70 | 5.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.83 | ₹13.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.33% | 105.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Organic Recycling Systems IPO Retail Individual Investors (RII) are offered 11,85,000 shares while in Sunita Tools IPO retail investors are offered 11,85,000 shares. Qualified Institutional Buyers (QIB) are offered in Organic Recycling Systems IPO and in Sunita Tools IPO.
| Organic Recycling Systems IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,30,200 shares | 78,000 shares |
| QIB | ||
| NII | 11,85,000 shares | 7,21,000 shares |
| RII | 11,85,000 shares | 7,21,000 shares |
| Employee | ||
| Others | ||
| Total | 23,70,000 shares | 14,42,000 shares |
Organic Recycling Systems IPO subscribed 3.24x in total, whereas Sunita Tools IPO subscribed 13.24x.
| Organic Recycling Systems IPO | Sunita Tools IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.28x | 5.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.21x | 21.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.24x | 13.24x |
