Horizon Reclaim (India) IPO Details

SME BSE

Horizon Reclaim (India) IPO Summary

Horizon Reclaim (India) IPO opens for subscription on 12 Jun 2026 and closes on 16 Jun 2026.The IPO will be listed on BSE with the tentative listing date set for 19 Jun 2026.

Horizon Reclaim (India) IPO price band has been fixed at ₹98 – ₹103 per share. The face value is ₹10 per share with a lot size of 1200.

Horizon Reclaim (India) IPO total issue size comprises 52,69,200 shares (aggregating up to ₹54.27 Cr). This includes a fresh issue of 52,69,200 shares (aggregating up to ₹54.27 Cr). Offer for Sale consists of 13,60,95,900 shares . Pre-issue shareholding stands at 1,42,46,200, which will increase to 1,95,15,400 post-issue.

Horizon Reclaim (India) IPO carries a ₹75 (72.82%) GMP, reflecting investor sentiment.

Horizon Reclaim (India) IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹247,200. Individual Maximum is 2 lots (2,400 shares) amounting to ₹247,200. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹370,800. SHNI Maximum is 8 lots (9,600 shares) amounting to ₹988,800. BHNI Minimum is 9 lots (10,800 shares) amounting to ₹1,112,400.

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 SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Giriraj Stock Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

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

Horizon Reclaim (India) IPO Details

Listing Price : ₹151 at a Premium of 46.6%

Open Date

12 Jun 2026

Close Date

16 Jun 2026

Listing Date

19 Jun 2026

Issue Price

₹98 - ₹103

Face Value

₹10 per share

Lot Size

1200 Shares

GMP

₹75(72.82%)

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Pre-issue Shareholding

1,42,46,200 shares

Post-issue Shareholding

1,95,15,400 shares

Total Issue Size

52,69,200 shares(aggregating up to ₹54.27 Cr)

Fresh Issue

52,69,200 shares(aggregating up to ₹54.27 Cr)

Offer for Sale

13,60,95,900 shares

Horizon Reclaim (India) IPO Subscription

Horizon Reclaim (India) IPO Application Wise Breakup

Horizon Reclaim (India) IPO Dates

12 Jun 2026
Opening dateOpen
16 Jun 2026
Closing dateClose
17 Jun 2026
Allotment Date Allotment
18 Jun 2026
Initiation of RefundsRefund
18 Jun 2026
Credit of SharesCredit
19 Jun 2026
Listing dateListing

Horizon Reclaim (India) IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	2400	₹247,200
Individual Maximum	2	2400	₹247,200
SHNI Minimum	3	3600	₹370,800
SHNI Maximum	8	9600	₹988,800
BHNI Minimum	9	10800	₹1,112,400

Horizon Reclaim (India) IPO Reservation

Promoter Holding

Pre Issue:

95.84%

Post Issue:

69.96%

Documents

DRHP

Horizon Reclaim (India) IPO DRHP

RHP

Horizon Reclaim (India) IPO RHP

Anchor List

Anchor Investors

Horizon Reclaim (India) IPO Valuations

ROE53.63%

ROCE25.45%

Debt/Equity1.44

RoNW42.29%

PAT Margin21.25%

EBITDA Margin32.64%

Price to Book Value5.91

EPS(₹) (Pre IPO)7.37

EPS(₹) (Post IPO)5.38

P/E (x) (Pre IPO)13.97

P/E (x) (Post IPO)19.14

Horizon Reclaim (India) Financial Information

Period Ended	31 Dec 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	7,718.84	5,632.42	3,519.50	1,724.06
Total Income	2,408.54	2,378.53	1,389.24	677.02
Profit After Tax	209.74	240.28	171.15	162.57
NET Worth	2,168.61	1,918.66	1,606.64	1,314.27
Total Borrowing	5,080.33	3,413.37	1,708.92	266.62
Amount in ₹ Crore

About Horizon Reclaim (India) IPO

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

Product Portfolio:

Natural Rubber Reclaim, made from tyre casings and tubes and used in footwear soles, floor mats, tyre base layers, and moulded rubber products.
Synthetic Rubber Reclaim, including EPDM and Butyl rubber used in automotive seals, hoses, gaskets, and construction profiles
Crumb Rubber, produced from recycled tyres and used in road construction, sports surfaces, and roofing sheets. Products are available in different grades based on customer requirements.

The company sales are primarily business-to-business, targeting small and medium enterprises and industrial customers mainly in the northwestern region of India.

Strength Of Horizon Reclaim (India) IPO

Experienced Promoters having deep domain knowledge to scale up the business.
Management team with an established track record.
Established track record of successfully completed orders.
Efficient operational team.

Risk Of Horizon Reclaim (India) IPO

The company's business is capital intensive, and the company's inability to raise funds on acceptable terms when required could materially and adversely affect the company's business, financial condition and results of operations.
The company's business is working capital intensive. If the company is unable to generate sufficient cash flows to allow the company to make required payments, there may be an adverse effect on the company's results of operations
The company primarily operates on a purchase order-based model and does not have long-term contractual arrangements with the company's customers, which may adversely affect the stability and predictability of the company's revenues.
The Company is dependent on external suppliers for the company's raw material requirements.
The company's business is dependent on the company's manufacturing facility, and any disruption in manufacturing operations could adversely affect its business.
The company relies on third-party transportation providers for all of the company's input materials and product distribution. Failures by any of the company's transportation providers to deliver its input materials and products on time or at all, could result in loss in sales.
Rapid technological changes and advancements in manufacturing processes may render its existing technologies obsolete or require the company to incur significant capital expenditure to remain competitive.
The price, at which the company is able to obtain the raw material for manufacture of the company's finished products depend largely on prevailing market prices. Increase in costs of the company's raw materials could have a material adverse effect on the Company's business, profitability and results of operations and cash flows.
The Company and the company's Director are party to certain tax proceedings. Any adverse decision in such proceedings may have a material adverse effect on the company's business, results of operations and financial condition.
The company requires certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, any failures to obtain, retain and renew such approvals and licences or comply with such rules and regulations may adversely affect its operations.

Objectives Horizon Reclaim (India) IPO

1. Funding the working capital requirements of our Company

2. Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company

3. Funding Capital Expenditure for the installation of additional Plant & Machinery

4. General Corporate Purposes

5. Total

Company Contact Details

Khasra no. 9, Dehradun Road, Near Nirankari Bhawan Village - Kumar Hera,
Saharanpur, Uttar Pradesh , 247001
Phone: +91 8171000900
Email: cs@horizonreclaim.com
Website: https://horizonreclaim.com/

Registrar Contact Details

Name:

Kfin Technologies Ltd

Phone:

+91-40-67162222

Email:

horizonrec.ipo@kfintech.com

Website:

https://ipostatus.kfintech.com/

Lead Mangers

Market Maker

Horizon Reclaim (India) FAQs

The Horizon Reclaim (India) IPO is a SME public issue comprising 5269200 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹54.27 Cr. The issue price has been fixed at ₹103 per equity share, and the minimum application size is 1200 shares.

The IPO opens for subscription on 12 Jun 2026, and closes on 16 Jun 2026.

Kfin Technologies 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 12 Jun 2026.

Horizon Reclaim (India) IPO lot size is 1200, and the minimum amount required for application is ₹123600.

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 17 Jun 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 18 Jun 2026. 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 19 Jun 2026.

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 ₹75 (72.82%).