Horizon Reclaim (India) IPO
Horizon Reclaim (India) is a BSE SME IPO listed on the BSE SME platform, priced at ₹98–₹103 per share. The stock debuted at ₹151, delivering a listing gain of 46.6%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,47,200.
Horizon Reclaim (India) Limited IPO
- IPO Dates
- Jun 12, 2026 – Jun 16, 2026
- Price band
- ₹98-103 per equity share
- Minimum Investment
- ₹2,47,200
- Issue size
- ₹54.27 Cr
- Lot size
- 1200
- Allotment Date
- Jun 17, 2026
- Listing
- Jun 19, 2026
- Listing At
- BSE SME
IPO timeline
-
Jun 12, 2026
Open Date
Completed
-
Jun 16, 2026
Close Date
Completed
-
Jun 17, 2026
Allotment Date
Completed
-
Jun 19, 2026
Listing Date
Completed
Unofficial pre-listing indicator
Horizon Reclaim (India) IPO Final GMP Before Listing: ₹64
Horizon Reclaim (India) IPO's final recorded GMP before listing was ₹64 per share (a 62% premium over the ₹103 upper price band). The shares listed at ₹151. GMP is unofficial and does not forecast or guarantee the actual listing price.
- Final GMP
- ₹64
- GMP percentage
- 62%
- Upper price band
- ₹103
- Listing price
- ₹151
During the recorded period, Horizon Reclaim (India) IPO GMP ranged from ₹5 to ₹64.
Horizon Reclaim (India) IPO GMP trend (day-wise) 18 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹64 | +₹6 | 62% | ₹167 | |
| ₹58 | +₹9 | 56% | ₹161 | |
| ₹49 | −₹4 | 48% | ₹152 | |
| ₹53 | +₹1 | 51% | ₹156 | |
| ₹52 | +₹4 | 50% | ₹155 | |
| ₹48 | +₹4 | 47% | ₹151 | |
| ₹44 | ₹0 | 43% | ₹147 | |
| ₹44 | ₹0 | 43% | ₹147 | |
| ₹44 | +₹4 | 43% | ₹147 | |
| ₹40 | +₹5 | 39% | ₹143 |
Horizon Reclaim (India) IPO Subscription Details
View Subscription DetailsHorizon Reclaim (India) IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Horizon Reclaim (India) IPO Essentials
Horizon Reclaim (India) IPO Details
Horizon Reclaim (India) IPO is priced at ₹98-103 per share with a total issue size of 54.27 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹98-103 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 52,69,200 shares(agg. up to ₹54.27 Cr)
- Total issue size
- 52,69,200 shares
(aggregating up to ₹54.27 crore) - Fresh issue
- 52,69,200 shares
(aggregating up to ₹54.27 crore) - Listing at
- BSE SME
- List price
- 151.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
GYR Capital Advisors Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,400 | ₹2,47,200 |
| Individual(max) | 2 | 2,400 | ₹2,47,200 |
| sHNI(min) | 3 | 3,600 | ₹3,70,800 |
| sHNI(max) | 8 | 9,600 | ₹9,88,800 |
| bHNI(min) | 9 | 10,800 | ₹11,12,400 |
Horizon Reclaim (India) IPO Reservation
Horizon Reclaim (India) IPO reservation details show category-wise allocation of shares. Out of the total 5269200 shares, approximately 18.99% are reserved for QIB, 14.26% for NII, 33.25% for retail investors, 5.01% for market maker, and 28.49% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1501200 (28.49%) | |
| Market Maker Shares Offered | 264000 (5.01%) | |
| QIB Shares Offered | 1000800 (18.99%) | |
| NII (HNI) Shares Offered | 751200 (14.26%) | |
| bHNI > ₹10L | 500400 (9.39%) | 139 |
| sHNI < ₹10L | 250800 (4.85%) | 70 |
| Individual Shares Offered | 1752000 (33.25%) | 730 |
| Total Shares Offered | 5269200 (100%) |
Horizon Reclaim (India) IPO Analytics
Horizon Reclaim (India) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Horizon Reclaim (India) IPO Subscription Status
Horizon Reclaim (India) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 304.19x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 10,00,800 |
7,51,200
5,00,400
2,50,800
|
17,52,000 | 35,04,000 |
|
Day 1
12-06-26 05:00 PM
|
0.00 x |
12.63x
13.32x
11.26x
|
11.37 x | 8.39 x |
|
Day 2
15-06-26 05:00 PM
|
0.08 x |
140.05x
144.31x
131.55x
|
90.27 x | 75.18 x |
|
Day 3
16-06-26 05:00 PM
|
186.72 x |
451.09x
502.94x
347.66x
|
308.30 x | 304.19 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 2,69,066 (Approx) | 159.76x | 309.46x | 308.3x |
Horizon Reclaim (India) Valuations
Earnings
- EPS Pre IPO
- ₹7.37/-
- EPS Post IPO
- ₹5.38/-
- P/E Pre IPO
- 13.97
- P/E Post IPO
- 19.14
Returns
- ROE
- 53.63%
- ROCE
- 25.45%
- RoNW
- 42.29%
- PAT Margin
- 21.25%
Fundamentals
- Debt / Equity
- 1.44
- Price / Book
- 5.91
- Market Cap
- ₹201.01 Cr.
Horizon Reclaim (India) Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 64.88 | 26.08 | 8.45 |
| Revenue | 50.01 | 36.39 | 20.44 |
| Profit After Tax | 10.50 | 7.07 | 0.71 |
| Net Worth | 24.83 | 14.33 | 7.26 |
| Reserves & Surplus | 10.58 | 0.08 | 6.51 |
| Total Borrowing | 35.76 | 10.03 | N/A |
Horizon Reclaim (India) Company & Offer Insights
About Horizon Reclaim (India)
Established in 2006, Horizon Reclaim (India) Ltd is involved in the manufacture of reclaimed rubber. Reclaimed rubber refers to recycled rubber that is recovered from used rubber items like tyres, rubber tubes, tread scrapes, and industrial rubber scraps.
Product Range:
Natural Rubber Reclaim is obtained from tyre casings and tubes for use in footwear soles, floor mats, tyre base layers, and rubber molded parts.
Synthetic Rubber Reclaim includes EPDM and Butyl rubber used in automobile seals, rubber hoses, gaskets, and construction profiles.
Crumb Rubber which results from tyre recycling used in road construction, playing surfaces, and roofing panels. Available in various grades based on customer demands.
The sales of Horizon are mainly B2B (business to business) directed at SMEs and industrial customers in northwest India.
Horizon Reclaim (India) Promoter(s)
Mohit Bajaj, Malika Bajaj are the company's promoters of Horizon Reclaim (India).
Horizon Reclaim (India) IPO Issue Objectives
- •
- Funding the working capital requirements of our Company - ₹6.00 Cr.
- •
- Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by the Company - ₹26.70 Cr.
- •
- Funding Capital Expenditure for the installation of additional Plant & Machinery - ₹9.43 Cr.
- •
- General Corporate Purposes
Horizon Reclaim (India) IPO - Anchor Investors
Horizon Reclaim (India) Limited allocated 15,01,200 equity shares to 5 anchor investors at ₹103 per share on June 11, 2026. Bandhan Small Cap Fund led the allocation at 38.77%, followed by Vikasa India EIF I Fund at 30.62% and Shine Star Build-Cap Private Limited at 17.67%. Bandhan Small Cap Fund was the sole domestic mutual fund participant.
Contact Information
Contact Details
Horizon Reclaim (India)
+91 8171000900
Khasra No. 9, Dehradun Road, Near Nirankari Bhawan, Village - Kumar Hera, Saharanpur, Uttar Pradesh - 247001.
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Horizon Reclaim (India) IPO is a book-built IPO worth ₹54.27 crore. The price band is ₹98–₹103 per share. The IPO opens on Jun 12, 2026 and closes on Jun 16, 2026. It will be listed on BSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Horizon Reclaim (India) IPO is ₹98 to ₹103 per share.
The lot size of Horizon Reclaim (India) IPO is 1200 shares.
The minimum investment for Horizon Reclaim (India) IPO is approximately ₹2,47,200 based on the upper price band .
Horizon Reclaim (India) IPO opens on Jun 12, 2026 and closes on Jun 16, 2026.
The allotment date of Horizon Reclaim (India) IPO is Jun 17, 2026.
Horizon Reclaim (India) IPO is expected to be listed on Jun 19, 2026, on BSE SME Platform.
Horizon Reclaim (India) IPO's final recorded GMP before listing was ₹64 per share (a 62% premium over the ₹103 upper price band). The shares listed at ₹151. GMP is unofficial and does not forecast or guarantee the actual listing price.
Horizon Reclaim (India) IPO valuation snapshot: P/E 19.14, EPS ₹5.38/-, P/B 5.91, RoNW 42.29%, and market cap ₹201.01 Cr.
To apply for Horizon Reclaim (India) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Horizon Reclaim (India) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Horizon Reclaim (India) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Horizon Reclaim (India) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Horizon Reclaim (India) IPO allotment status on IPO Ji for quick and easy access.