Organic Recycling Systems IPO Subscription Details

Fixed Price IPO | ₹50 Cr | Listed at BSE SME | Thu, Sep 21, 2023 - Tue, Sep 26, 2023

Basis of Allotment - Organic Recycling Systems IPO

Details NII Retail Total
Allocation (No. of shares)11,85,00011,85,00023,70,000
Allotment price (Rs.)200200200
No.of applications2254,2544,479
No.of shares applied49,57,20025,52,40075,09,600
Amount collected (Rs.cr.)99.14 51.05 150.19
No.of times subscribed4.182.153.17
No.of shares allotted11,85,00011,85,00023,70,000
Amount (Rs.cr.)23.70 23.70 47.40
No.of allottees01,9751,975

IPO Shares Offered

Organic Recycling Systems IPO is a public issue of 0.24 Cr equity shares. The issue offers 0.12 Cr shares to retail investors , 0.12 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,30,2002.60 5.21%
Other* 11,85,00023.70 47.40%
Retail11,85,00023.70 47.40%
Total25,00,20050.00 100%

IPO Subscription FAQs

The Organic Recycling Systems IPO is subscribed 3.24 times by Sep 26, 2023 19:02.

Organic Recycling Systems IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional4.28
Retail Individual2.21
Total Subscription3.24

Retail category of Organic Recycling Systems IPO subscribed 2.21 times as of date Sep 26, 2023 19:02. The public issue closes on Tue, Sep 26, 2023 for bidding.

An investor can apply in Organic Recycling Systems IPO online via bank (using ASBA) or the broker (using UPI). The Organic Recycling Systems IPO shares are offered online only.

The Organic Recycling Systems IPO is subscribed 3.24 times by Sep 26, 2023 19:02.

The Organic Recycling Systems IPO allotment status is expected on or around Friday, September 29, 2023. Visit Organic Recycling Systems IPO allotment status to check.

The Organic Recycling Systems IPO listing date is October 6, 2023. The equity share of Organic Recycling Systems IPO will list on BSE SME.

Visit Organic Recycling Systems IPO subscription status page for real-time bidding information about Organic Recycling Systems IPO.

Organic Recycling Systems IPO Timetable

IPO opens OnThursday, September 21, 2023
IPO Closes OnTuesday, September 26, 2023
Finalisation of Basis of AllotmentFriday, September 29, 2023
Initiation of RefundsTuesday, October 3, 2023
Credit of Shares to Demat AccountWednesday, October 4, 2023
IPO Listing DateFriday, October 6, 2023
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