Comparison between Organic Recycling Systems IPO and Sunita Tools IPO.
IPO Details
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.
Issue Size and Price
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 (Final) | ₹200.00 per share | ₹145.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Organic Recycling Systems IPO P/E ratio is 25.54, as compared to Sunita Tools IPO P/E ratio of 16.88.
Shares Offered
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 0 shares in Sunita Tools IPO.
| | Organic Recycling Systems IPO | Sunita Tools IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 1,30,200 shares | 78,000 shares |
| QIB | | 0 shares |
| NII | 11,85,000 shares | 7,21,000 shares |
| RII | 11,85,000 shares | 7,21,000 shares |
| Employee | | 0 shares |
| Total | 23,70,000 shares | 14,42,000 shares |
Bids Received (Subscription)
Organic Recycling Systems IPO subscribed 3.24x in total, whereas Sunita Tools IPO subscribed 13.19x.
