GMP IPO
📋 Filings Intelligence
About Contact
LIVE - Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement - financial results, order wins, dividends, mergers and more. Updated live.

-
Filed today
-
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings -

📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Organic Recycling Systems Ltd

Organic Recycling Systems: Promoter Sarang Bhand Acquires 10 Lakh Shares via Preferential Allotment

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 04 Nov 2026, 03:04 PM IST  ·  BSE ID: 8f76ca85-d8bc-4e66-952e-8c7cc51fdabd
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued new shares directly to its promoter, Mr. Sarang Bhand, raising over ₹16 Crore in cash.
🤖 AI Summary
  • Organic Recycling Systems allotted 10,00,000 equity shares to promoter Mr. Sarang Bhand.
  • Total consideration for the preferential allotment was ₹16,10,00,000.
  • Each share was issued at ₹161, comprising ₹10 face value and ₹151 premium.
  • The allotment on November 04, 2026, increases paid-up equity share capital.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Number of Equity Shares Allotted
10,00,000
Face Value per Share
₹10/-
Issue Price per Share
₹161/-
Premium per Share
₹151/-
Total Consideration Received
₹16,10,00,000/-
Original Paid-up Equity Share Capital
₹15,59,89,050/-
Revised Paid-up Equity Share Capital
₹16,59,89,050/-
🏢 How This Affects the Company
💰
Financial Impact
The company's paid-up equity share capital has increased from ₹15,59,89,050 to ₹16,59,89,050. This preferential allotment injects ₹16,10,00,000 in cash into the company.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this allotment.
👤
Who Is Affected
All existing shareholders are affected by the increase in the total number of equity shares.
🔍
Management Signal
The preferential allotment signals the promoter's continued commitment and confidence in the company's future.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Confirmation of share dematerialization post-allotment.
Future disclosures on capital utilization plans.
Next quarterly results announcement.
LOW RISK Standard preferential allotment to promoter, no new material risks identified.
💡 Investor Takeaway
Organic Recycling Systems received ₹16,10,00,000 from promoter Mr. Sarang Bhand through preferential allotment of 10,00,000 equity shares at ₹161 each.
⚖️ Strengths & Concerns

✅ Positives

  • Company secured ₹16,10,00,000 cash via preferential allotment from a promoter.
  • Allotment of 10,00,000 shares at ₹161 per share, demonstrating promoter confidence.
📅 Company Track Record
Previously, Organic Recycling Systems raised ₹20,47,50,000 via allotment of 10,00,000 equity shares upon exercise of warrants.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
How many equity shares did Organic Recycling Systems allot on a preferential basis?
Organic Recycling Systems allotted 10,00,000 fully paid-up equity shares on a preferential basis.
Who was the allottee of the 10,00,000 equity shares?
The equity shares were allotted to Mr. Sarang Bhand, who is a Promoter of the company.
What was the total consideration received for the preferential allotment?
The company received a total consideration of ₹16,10,00,000/- for the allotment of these shares.
At what price were the equity shares allotted?
The equity shares were allotted at an issue price of ₹161/- per share.
How did this allotment impact Organic Recycling Systems' paid-up share capital?
The paid-up equity share capital increased from ₹15,59,89,050/- to ₹16,59,89,050/-, an increase of ₹1,00,00,000/-.

Questions based on this BSE filing only. For information purposes.

You've read one filing

There are 32,000 more, and one of them is about a company you own

Follow a company and we'll email you the moment it files again - explained, not just forwarded. Free.

  • Follow companies and get filings by email
  • Save any filing to read later
  • Two full AI analyses every month, free

No card needed. Sign in with Google in two taps.

⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector - takes 5 seconds.