ListedSMEORGANICREC

Organic Recycling Systems Limited

Organic Recycling Systems Limited is a sme IPO raising ₹50 Cr at a fixed price of ₹200 a share. It listed on 6 Oct 2023. We do not have a current price for it yet. It was subscribed 0.00× in total.

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₹200

Issue price

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Price now

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Since issue price

6 Oct 2023

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Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹200

Cut-off price₹200

Issue size₹50 Cr

Shares per lot600

Minimum application₹1,20,000

Minimum quantity600

Face value₹10

Listing exchanges—

ISININE0MIO010

Bidding hours10:00 – 17:00 IST

Bidding window21 Sept 2023 – 26 Sept 2023

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.