Horizon Reclaim (India) IPO Subscription Status

BSE SME
Minimum investment
₹ 2,47,200 2400 shares
View IPO details

Data sourced from BSE · Compiled by IPO Ji · IPO subscription data last updated

Total 304.19x·QIB 186.72x·NII 451.09x·Individual 308.30x

≈ 1 in 308 individual allotmentslim allotment chance

Based on individual subscription by applications (308.30×), approximately 1 in 308 individual applications may receive an allotment. Final allotment is decided by the registrar’s computerised lottery.

Horizon Reclaim (India) Limited SME IPO was subscribed 304.19x in total when bidding closed on Jun 16, 2026, with 186.72x in the QIB category, 451.09x in NII, 308.3x in individual across BSE. This represents a strong oversubscription, reflecting heavy investor demand; a high subscription figure does not guarantee listing gains, and allotment follows the applicable category and exchange rules. The issue ran from Jun 12, 2026 to Jun 16, 2026 at a price band of ₹98–₹103 per share. Allotment was finalised on Jun 17, 2026.

QIB186.72xNII451.09xIndividual308.30xTotal304.19x1x
Times subscribed by category against the 1× fully-subscribed line (bars capped at 10×).
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Subscription Details (No. of Shares)

Category Offer Applied Times
QIBs 1000800 186865200 186.72
NIIs 751200 338862000 451.09
BNIIs (>10L) 500400 251668800 502.94
SNIIs (<10L) 250800 87193200 347.66
Individual 1752000 540144000 308.3
Total 3504000 1065871200 304.19
Total Applications2,69,066 approx.

Application Wise Breakup (Approx.)

Category Reserve Applied Times
BNIIs (>10L) 139 22,206 159.76
SNIIs (<10L) 70 21,662 309.46
Individual 730 2,25,060 308.3
Total Applications2,69,066 approx.

Subscription Details (In Crores)

Category Offered Demand Times
QIBs 10.31 1924.71 186.72
FIIs - 309.70 -
DIIs - 260.61 -
Mutual Funds - 32.69 -
Others - 1321.70 -
NIIs 7.74 3490.28 451.09
BNIIs (>10L) 5.15 2592.19 502.94
SNIIs (<10L) 2.58 898.09 347.66
Individual 18.05 5563.48 308.3
TOTAL 36.09 10978.47 304.19

Day-wise subscription

Total subscription trend8.39x to 304.19x+295.80x
0.00x304.19x1x8.39xDay 175.18xDay 2304.19xDay 3
As on QIB
NII
bHNI
sHNI
Individual Total
Day 1
12 Jun 2026
5:00 PM
0.00x
12.63x
13.32x
11.26x
11.37x 8.39x
Day 2
15 Jun 2026
5:00 PM
0.08x
140.05x
144.31x
131.55x
90.27x 75.18x
Day 3
16 Jun 2026
5:00 PM
186.72x
451.09x
502.94x
347.66x
308.30x 304.19x

Subscription by number of applications

Anticipated subscription based on the number of applications received (an alternative to the shares-based figures above), sourced from BSE.

CategoryTimes (by applications)
bHNI159.76x
sHNI309.46x
Individual308.30x

What this means for allotment & listing

Because Horizon Reclaim (India) closed oversubscribed, applicants were not guaranteed full allotment. In oversubscribed issues, shares are allotted according to the applicable category and exchange rules, so applicants are not guaranteed full allotment once an issue is oversubscribed. The number of times each category is subscribed is one indicator of demand, alongside the company's fundamentals and the broader market.

A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice. Investors should read the company's prospectus and consult a SEBI-registered adviser before making any decision.

Listed at BSE SME · Registrar: Kfin Technologies Limited · Bidding data sourced from the BSE public-issue platform under SEBI ICDR regulations.

IPO subscription status shows how many times an issue has been applied for, compared with the shares on offer, broken down by Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and the Retail or SME Individual Investor category. A figure of "2x" means investors applied for twice the shares available. See how IPO subscription works and track all live IPOs →

Horizon Reclaim (India) IPO subscription FAQs

Horizon Reclaim (India) Limited IPO was subscribed 304.19x at close on Jun 16, 2026, with 186.72x in QIB, 451.09x in NII, 308.3x in individual.

Yes. Horizon Reclaim (India) IPO was subscribed 304.19x, meaning investors applied for 304.19x the number of shares on offer.

Based on individual subscription by applications (about 308.30x), approximately 1 in 308 individual applications may receive an allotment. This is an estimate — the final allotment is decided by the registrar's computerised lottery, and the odds can change while bidding is open.

The Horizon Reclaim (India) IPO allotment was finalised on Jun 17, 2026. You can check your allotment status by PAN or application number on the registrar's website or on IPO Ji.

Horizon Reclaim (India) IPO has a price band of ₹98–₹103 per share, with a minimum individual investor application of ₹2,47,200 for 2400 shares.

It means investors have applied for X times the number of shares the company is offering. For example, 5x means demand was five times the shares available. A figure above 1x is called oversubscription; below 1x is undersubscription.

No. The higher an issue is oversubscribed, the lower each applicant’s chance of allotment. SME shares are allotted according to the applicable Individual Investor, NII and exchange rules, so oversubscription does not guarantee full allotment.

QIB covers qualified institutions. Under the current SME IPO framework, an Individual Investor applies for the minimum application size of two lots above ₹2 lakh, while applicants bidding for more than two lots are classified in the NII category. Each category has its own reserved portion and allotment rules.

IPO Ji updates subscription figures through the bidding day using data sourced from BSE. The "Last updated" time shown on the page reflects the most recent refresh.

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