Comparison between Organic Recycling Systems IPO and Techknowgreen Solutions IPO.
Organic Recycling Systems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Techknowgreen Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
| Organic Recycling Systems IPO | Techknowgreen Solutions 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. | Indorient Financial Services Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Arihant Capital Markets Ltd. | Alacrity 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 Techknowgreen Solutions IPO is up to ₹15.88 Cr. The final issue price of Organic Recycling Systems IPO is ₹200.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.
| Organic Recycling Systems IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹200.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1600 shares |
| Fresh Issue Size | 23,70,000 shares | 18,46,400 shares |
| Fresh Issue Size (Amount) | up to ₹47.40 Cr | up to ₹15.88 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 23,70,000 shares | 18,46,400 shares |
| Issue Size Total (Amount) | up to ₹47.40 Cr | up to ₹15.88 Cr |
Organic Recycling Systems IPO opens on Sep 21, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Organic Recycling Systems IPO and Techknowgreen Solutions IPO is Sep 26, 2023, and Sep 21, 2023, respectively.
| Organic Recycling Systems IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2023 | Sep 18, 2023 |
| Issue Close | Sep 26, 2023 | Sep 21, 2023 |
| Basis Of Allotment (Tentative) | Sep 29, 2023 | Sep 26, 2023 |
| Initiation of Refunds (Tentative) | Oct 03, 2023 | Sep 27, 2023 |
| Credit of Share (Tentative) | Oct 04, 2023 | Sep 28, 2023 |
| Listing date (Tentative) | Oct 06, 2023 | Sep 27, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Organic Recycling Systems IPO P/E ratio is 25.54, as compared to Techknowgreen Solutions IPO P/E ratio of 9.71.
| Organic Recycling Systems IPO | Techknowgreen Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 30.14 | 89.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 20.35 | 65.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 25.54 | 9.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹153.99 Cr. | ₹63.49 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.76% | 88.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.06% | 98.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.70 | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.83 | ₹8.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.33% | 71.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Organic Recycling Systems IPO Retail Individual Investors (RII) are offered 11,85,000 shares while in Techknowgreen Solutions IPO retail investors are offered 11,85,000 shares. Qualified Institutional Buyers (QIB) are offered in Organic Recycling Systems IPO and in Techknowgreen Solutions IPO.
| Organic Recycling Systems IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,30,200 shares | 97,600 shares |
| QIB | ||
| NII | 11,85,000 shares | 9,23,200 shares |
| RII | 11,85,000 shares | 9,23,200 shares |
| Employee | ||
| Others | ||
| Total | 23,70,000 shares | 18,46,400 shares |
Organic Recycling Systems IPO subscribed 3.24x in total, whereas Techknowgreen Solutions IPO subscribed 12.98x.
| Organic Recycling Systems IPO | Techknowgreen Solutions IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.28x | 9.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.21x | 15.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.24x | 12.98x |
