Organic Recycling Systems Limited

About the company

## **About the Organic Recycling Systems Limited IPO:** Incorporated in 2008, Organic Recycling Systems Limited is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain. Incorporated by technocrats our focus primarily has been on developing robust, cost effective & environment friendly technologies that are simple to operate. ###  They have proven technology and capability of successfully running one of India’s first Waste to Energy (WTE) plants developed on anaerobic biomethanation technology. Their Business verticals includes Build Own Operate Transfer (BOOT) model, Engineering Procurement and Commissioning (EPC) model and Supply of key equipment. ### The company's projects are implemented keeping in the mind positive social impact on environment & well-being for society at large.Driven by principles of circular economy, we are committed to recover maximum resources from waste thereby reducing burden on landfills. ### Now, Organic Recycling Systems Limited is coming out with its initial public offer (IPO).  The IPO will be a fresh issue. The money raised will be utilised Reduction of the aggregate outstanding borrowings of our Company 2. Towards general corporate purposes. ## **Here are key details about the Organic Recycling Systems Limited IPO** Company Name| **Organic Recycling Systems Limited**|  | Company Type| **Private** ---|---|---|---|--- Organic Recycling Systems LimitedIPO Opening Date|**21st September, 2023**Organic Recycling Systems Limited IPO Price band|**₹ 200 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   21 Sept 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   26 Sept 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   23 Sept 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   03 Oct 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   29 Sept 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   06 Oct 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.