Horizon Reclaim (India) IPO Details

SME BSE

Horizon Reclaim (India) IPO Summary

Horizon Reclaim (India) Logo | Horizon Reclaim (India) IPO Details, Date, Price, GMP, Live Subscription

Horizon Reclaim (India) IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Offer for Sale consists of 13,60,95,900 shares .

Horizon Reclaim (India) IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Horizon Reclaim (India) IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Horizon Reclaim (India) Limited DRHP.

Horizon Reclaim (India) IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹1 per share
Lot Size
Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
1,53,96,43,033 shares
Post-issue Shareholding
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
13,60,95,900 shares
DRHP Status
Filed with Exchange

Horizon Reclaim (India) IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Horizon Reclaim (India) IPO Reservation

Promoter Holding

Pre Issue:
-
Post Issue:
-

Horizon Reclaim (India) IPO Valuations

ROE15.98%
RoNW9.67%

Horizon Reclaim (India) Financial Information

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets7,718.845,632.423,519.501,724.06
Total Income2,408.542,378.531,389.24677.02
Profit After Tax209.74240.28171.15162.57
NET Worth2,168.611,918.661,606.641,314.27
Total Borrowing5,080.333,413.371,708.92266.62
Amount in ₹ Crore

About Horizon Reclaim (India) IPO

Horizon Reclaim (India) Ltd., incorporated in 2006, is engaged in the manufacturing of reclaimed rubber, a recycled material derived from used rubber products such as old tyres, rubber tubes, tread peelings, and industrial scrap.

The company focuses on sustainable manufacturing practices by converting waste rubber into value-added products that cater to various industrial applications.

Product Portfolio:

  • Natural Rubber Reclaim: Manufactured from tyre casings and tubes, used in applications such as footwear soles, floor mats, tyre base layers, and moulded rubber products.
  • Synthetic Rubber Reclaim: Includes EPDM and Butyl rubber, widely used in automotive seals, hoses, gaskets, and construction profiles.
  • Crumb Rubber: Produced from recycled tyres and utilized in road construction, sports surfaces, and roofing sheets. These products are available in various grades based on customer requirements.

The company primarily operates under a B2B business model, serving small and medium enterprises as well as industrial customers. Its sales are predominantly concentrated in the northwestern region of India.

Strength Of Horizon Reclaim (India) IPO

To be announced

Risk Of Horizon Reclaim (India) IPO

To be announced

Objectives Horizon Reclaim (India) IPO

1. Investment to drive growth in loan disbursals under default loss guarantee (DLG) arrangements

2. Investment in WFPL, the Material Subsidiary, for the purpose of augmenting its capital base

3. General corporate purposes

4. Total

Company Contact Details

Bangalore Urban, Karnataka , 560103
Phone: 80 6765 0903
Email: investor.relations@moneyview.in
Website: https://moneyview.in/

Registrar Contact Details

Name:
MUFG Intime India Pvt Ltd
Phone:
+91-22-4918 6270

Horizon Reclaim (India) FAQs

The Horizon Reclaim (India) IPO is a SME public issue comprising equity shares with a face value of ₹1 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Horizon Reclaim (India) IPO opens on TBA.

Horizon Reclaim (India) IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Horizon Reclaim (India) IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Horizon Reclaim (India) IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Horizon Reclaim (India) IPO allotment status for updates.

The listing date for the Horizon Reclaim (India) IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Horizon Reclaim (India) IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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