Organic Recycling Systems IPO Details

Discover key details about Organic Recycling Systems Ltd. IPO - the opening and closing dates, price band, lot size, and more.                           Read for more >>

About Organic Recycling Systems Ltd.

Established in 2008, ORS Ltd. specializes in sustainable waste management. They offer services in EPC, commissioning, consulting, project planning, and lab services.

IPO Details

IPO Date: 21stSep  - 26th Sep 2023 Total Issue Size: Rs.50 Crore Price Band: Rs. 200 per share Lot Size: 600 Shares in each lot Allotment Date: 29th September2023 Listing Date: 5th October 2023 Minimum Investment: Rs 120,000

Strengths of the IPO

· Tested Technology & Capability · Diverse Business Verticals · Strong Market Potential · Aligned with UN Sustainability Goals

Risks Involved

· Revenue Dependency on   Municipalities · High Working Capital Requirement · Contract Negotiation Limitations · Exposure to Cost Variations in   Contracts

IPO Objective

· Reduction in total outstanding   borrowings · General Corporate Purposes

Source: RHP Filed with SEBI