Arabian Petroleum IPO vs Organic Recycling Systems IPO

Comparision between Arabian Petroleum IPO and Organic Recycling Systems IPO.

IPO Details

Arabian Petroleum IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Organic Recycling Systems IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Arabian Petroleum IPO	Organic Recycling Systems IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Arihant Capital Markets Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Hem Finlease Private Limited	Arihant Capital Markets Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Arabian Petroleum IPO is up to ₹20.24 Cr whereas the issue size of the Organic Recycling Systems IPO is up to ₹50.00 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Organic Recycling Systems IPO is ₹200.00 per share.

	Arabian Petroleum IPO	Organic Recycling Systems IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹70.00 per share	₹200.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	600 shares
Fresh Issue Size	28,92,000 shares	25,00,200 shares
Fresh Issue Size (Amount)	up to ₹20.24 Cr	up to ₹50.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,92,000 shares	25,00,200 shares
Issue Size Total (Amount)	up to ₹20.24 Cr	up to ₹50.00 Cr

IPO Timetable

Arabian Petroleum IPO opens on Sep 25, 2023, while Organic Recycling Systems IPO opens on Sep 21, 2023. The closing date of Arabian Petroleum IPO and Organic Recycling Systems IPO is Sep 27, 2023, and Sep 26, 2023, respectively.

	Arabian Petroleum IPO	Organic Recycling Systems IPO
Anchor Bid Date
Issue Open	Sep 25, 2023	Sep 21, 2023
Issue Close	Sep 27, 2023	Sep 26, 2023
Basis Of Allotment (Tentative)	Oct 04, 2023	Sep 29, 2023
Initiation of Refunds (Tentative)	Oct 05, 2023	Oct 03, 2023
Credit of Share (Tentative)	Oct 06, 2023	Oct 04, 2023
Listing date (Tentative)	Oct 09, 2023	Oct 06, 2023
Anchor Lockin End date 1	Nov 03, 2023	Oct 29, 2023
Anchor Lockin End date 2	Jan 02, 2024	Dec 28, 2023

Financials

Arabian Petroleum IPO P/E ratio is 11.51, as compared to Organic Recycling Systems IPO P/E ratio of 25.54.

Arabian Petroleum IPO

Organic Recycling Systems IPO

Financial

Arabian Petroleum IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,031.88	7,134.94	7,650.88
Revenue	11,024.54	19,159.10	24,394.68
Profit After Tax	287.54	414.34	486.48
Net Worth	1,301.98	1,716.32	2,202.80
Reserves and Surplus	1,101.98	1,516.32	1,402.80
Total Borrowing	2,197.75	2,948.97	3,830.66

Amount in ₹ Lakhs

Organic Recycling Systems IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	10,272.69	10,669.35	11,931.10
Revenue	1,578.18	1,756.67	2,534.10
Profit After Tax	-449.37	-535.03	365.38
Net Worth	1,343.88	808.86	2,550.07
Reserves and Surplus	1,298.11	763.08	2,014.40
Total Borrowing	5,449.89	5,418.38	6,981.41

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

30.14%

Promoter Shareholding (Post-Issue)

73.45%

20.35%

P/E Ratio

11.51

25.54

Market Cap

₹76.24 Cr.

₹153.99 Cr.

ROE

22.08%%

21.76%%

ROCE

32.47%%

13.06%%

Debt/Equity

1.75

2.7

EPS

₹6.08

₹7.83

RoNW

22.08%%

14.33%%

Shares Offered

In the Arabian Petroleum IPO retail investors (RII) are offered 13,72,000 shares while in Organic Recycling Systems IPO retail investors are offered 13,72,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arabian Petroleum IPO and 0 shares in Organic Recycling Systems IPO.

	Arabian Petroleum IPO	Organic Recycling Systems IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,48,000 shares	1,30,200 shares
QIB	0 shares	0 shares
NII	13,72,000 shares	11,85,000 shares
RII	13,72,000 shares	11,85,000 shares
Employee	0 shares	0 shares
Others
Total	27,44,000 shares	23,70,000 shares

Bids Received (Subscription)

Arabian Petroleum IPO subscribed 19.91x in total, whereas Organic Recycling Systems IPO subscribed 3.24x.

	Arabian Petroleum IPO	Organic Recycling Systems IPO
QIB (times)
NII (times)	15.72x	4.28x
Big NII (times)
Small NII (times)
RII (times)	23.19x	2.21x
Employee (times)
Other (times)
Total (times)	19.91x	3.24x

Compare with others

Arabian Petroleum IPO	Organic Recycling Systems IPO
Sharp Chucks And Machines IPO	Arabian Petroleum IPO
Kontor Space IPO	Newjaisa Technologies IPO
Vishnusurya Projects and Infra IPO	Inspire Films IPO
E Factor Experiences IPO	Goyal Salt IPO
Rajgor Castor Derivatives IPO	Saakshi Medtech and Panels IPO
Newjaisa Technologies IPO	Sunita Tools IPO
Inspire Films IPO	Marco Cables & Conductors IPO
Goyal Salt IPO	Mangalam Alloys IPO
Saakshi Medtech and Panels IPO	Master Components IPO
Organic Recycling Systems IPO	Techknowgreen Solutions IPO

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