What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Organic Recycling Systems Limited IPO?

Organic Recycling Systems Limited IPO has received a total subscription of 3.30 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Organic Recycling Systems Limited

ListedSME

Waste Management & Environmental Services · BSE

Incorporated in 2008, Organic Recycling Systems Limited (ORS) is an engineering company that provides sustainable waste management solutions. The company operates under BOOT, EPC, and Key Equipment supply models. ORS offers EPC services, commissioning, consulting, advisory, and lab services in the waste management sector. The company has set up an MSW processing plant in Solapur that converts solid waste into electricity and compost, using its patented DRYAD dry anaerobic digestion technology which can treat multiple types of waste.

Price Band

₹200

Issue Size

₹50.00 Cr

Lot Size

600 shares

GMP

₹16

+8.0%

Est. Listing

₹216

at current GMP

Subscribed

3.30x

overall

Open

21 Sep 2023

26 Sep 2023

Allotment

28 Sep 2023

Refund

29 Sep 2023

Demat Credit

30 Sep 2023

Listing

6 Oct 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

3.30x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

4.39x

High Net-Worth

Retail (RII)

2.21x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 3.30x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,185,000	5,200,800	4.39x
RETAIL	1,185,000	2,616,600	2.21x
Total	2,370,000	7,817,400	3.30x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 2.29x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,458	3,222	2.21x
HNIs (10L +)	9	40	4.39x
HNIs (2-10L)	45	198	4.39x
Total Applications	1,512	3,460	2.29x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Organic Recycling Systems Limited Public Issue & Market Profile

Organic Recycling Systems Limited is bringing an initial public offering (IPO) in the Waste Management & Environmental Services sector with an aggregate issue size of ₹50 Crores. The shares are offered at a price band of ₹200 to ₹200 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-30, while un-allotted funds or UPI block mandates will be released on 2023-09-29.

Frequently Asked Questions

What is Organic Recycling Systems Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Organic Recycling Systems Limited IPO is ₹16 per equity share. Based on the upper price band of ₹200 to ₹200 per equity share, the estimated listing price is ₹216 (+8.0% expected listing gain).

What is the expected profit per lot for Organic Recycling Systems Limited IPO?

With a lot size of 600 shares and current GMP of ₹16, the expected profit per application lot is approx ₹9,600 (+8.0% gain). Minimum application cost is approx ₹1,20,000.

What is the issue size and price band for Organic Recycling Systems Limited IPO?

The Organic Recycling Systems Limited IPO aggregate issue size is ₹50 Crores with an equity price band set at ₹200 to ₹200 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Organic Recycling Systems Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.30x (Retail: 2.21x, QIB: 0.00x, NII: 4.39x). You can track live multiples directly on our dedicated subscription page.

Where and when will Organic Recycling Systems Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2023-09-28. Investors can verify status using PAN card or application number.

When is the listing date for Organic Recycling Systems Limited IPO?

Organic Recycling Systems Limited shares are scheduled to list on BSE on 2023-10-06.