Marco Cables & Conductors IPO vs Organic Recycling Systems IPO

Comparision between Marco Cables & Conductors IPO and Organic Recycling Systems IPO.

IPO Details

Marco Cables & Conductors 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.

	Marco Cables & Conductors 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	Shreni Shares Limited	Arihant Capital Markets Ltd
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Shreni Shares 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 Marco Cables & Conductors IPO is up to ₹18.73 Cr whereas the issue size of the Organic Recycling Systems IPO is up to ₹50.00 Cr. The final issue price of Marco Cables & Conductors IPO is ₹36.00 per share and of Organic Recycling Systems IPO is ₹200.00 per share.

	Marco Cables & Conductors IPO	Organic Recycling Systems IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹36.00 per share	₹200.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	600 shares
Fresh Issue Size	26,01,000 shares	25,00,200 shares
Fresh Issue Size (Amount)	up to ₹9.36 Cr	up to ₹50.00 Cr
OFS Issue Size	26,01,000 shares
OFS Issue Size (Amount)	up to ₹9.36 Cr
Issue Size Total	52,02,000 shares	25,00,200 shares
Issue Size Total (Amount)	up to ₹18.73 Cr	up to ₹50.00 Cr

IPO Timetable

Marco Cables & Conductors IPO opens on Sep 21, 2023, while Organic Recycling Systems IPO opens on Sep 21, 2023. The closing date of Marco Cables & Conductors IPO and Organic Recycling Systems IPO is Sep 25, 2023, and Sep 26, 2023, respectively.

	Marco Cables & Conductors IPO	Organic Recycling Systems IPO
Anchor Bid Date
Issue Open	Sep 21, 2023	Sep 21, 2023
Issue Close	Sep 25, 2023	Sep 26, 2023
Basis Of Allotment (Tentative)	Sep 28, 2023	Sep 29, 2023
Initiation of Refunds (Tentative)	Sep 29, 2023	Oct 03, 2023
Credit of Share (Tentative)	Oct 03, 2023	Oct 04, 2023
Listing date (Tentative)	Sep 28, 2023	Oct 06, 2023
Anchor Lockin End date 1	Oct 28, 2023	Oct 29, 2023
Anchor Lockin End date 2	Dec 27, 2023	Dec 28, 2023

Financials

Marco Cables & Conductors IPO P/E ratio is 20.22, as compared to Organic Recycling Systems IPO P/E ratio of 25.54.

Marco Cables & Conductors IPO

Organic Recycling Systems IPO

Financial

Marco Cables & Conductors IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,658.84	5,954.62	6,993.44
Revenue	4,282.91	5,665.31	5,693.72
Profit After Tax	12.25	33.49	280.71
Net Worth	911.25	944.75	1,560.86
Reserves and Surplus	621.84	655.34	1,238.90
Total Borrowing	3,522.22	3,665.19	3,757.73

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)

72.18%

20.35%

P/E Ratio

20.22

25.54

Market Cap

₹67.32 Cr.

₹153.99 Cr.

ROE

22.41%%

21.76%%

ROCE

16.93%%

13.06%%

Debt/Equity

2.41

2.7

EPS

₹1.78

₹7.83

RoNW

17.98%%

14.33%%

Shares Offered

In the Marco Cables & Conductors IPO retail investors (RII) are offered 24,57,000 shares while in Organic Recycling Systems IPO retail investors are offered 24,57,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Marco Cables & Conductors IPO and 0 shares in Organic Recycling Systems IPO.

	Marco Cables & Conductors IPO	Organic Recycling Systems IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,88,000 shares	1,30,200 shares
QIB	0 shares	0 shares
NII	24,57,000 shares	11,85,000 shares
RII	24,57,000 shares	11,85,000 shares
Employee	0 shares	0 shares
Others
Total	49,14,000 shares	23,70,000 shares

Bids Received (Subscription)

Marco Cables & Conductors IPO subscribed 30.90x in total, whereas Organic Recycling Systems IPO subscribed 3.24x.

	Marco Cables & Conductors IPO	Organic Recycling Systems IPO
QIB (times)
NII (times)	24.36x	4.28x
Big NII (times)
Small NII (times)
RII (times)	35.24x	2.21x
Employee (times)
Other (times)
Total (times)	30.90x	3.24x

Compare with others

Marco Cables & Conductors IPO	Organic Recycling Systems IPO
Inspire Films IPO	Arabian Petroleum IPO
Goyal Salt IPO	Newjaisa Technologies IPO
Saakshi Medtech and Panels IPO	Inspire Films IPO
Organic Recycling Systems IPO	Goyal Salt IPO
Sunita Tools IPO	Saakshi Medtech and Panels IPO
Mangalam Alloys IPO	Sunita Tools IPO
Master Components IPO	Marco Cables & Conductors IPO
Techknowgreen Solutions IPO	Mangalam Alloys IPO
Hi-Green Carbon IPO	Master Components IPO
Kody Technolab IPO	Techknowgreen Solutions IPO

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