LIVE
Live GMP data updating in real-timeTrack every Indian IPO — Open, Upcoming & ClosedGrey Market Premium updated multiple times dailySubscription ratios refreshed throughout active IPO windowsLive GMP data updating in real-timeTrack every Indian IPO — Open, Upcoming & ClosedGrey Market Premium updated multiple times dailySubscription ratios refreshed throughout active IPO windows
Horizon Reclaim (India) Ltd
Closed BSE SME Bookbuilding IPO

Horizon Reclaim (India) Ltd IPO

GMP Today
+₹63
+61%
Issue Price
₹103
Est. Listing: ₹166
IPO Overview
Quick facts
Issue Price
₹103
Lot Size
1,200 shares
Min. Investment
₹123,600
Issue Size
52,69,200 shares (agg. up to ₹54 Cr)
Face Value
₹10
Issue Type
Bookbuilding IPO
Listing Exchange
BSE SME
Script Code
Important Dates
IPO Open
12 Jun 2026
Done
IPO Close
16 Jun 2026
Done
Allotment
17 Jun 2026
Done
Refund Init.
18 Jun 2026
Done
Demat Credit
18 Jun 2026
Done
Listing Date
19 Jun 2026
Done
Horizon Reclaim (India) Ltd Stock Price
BSE
Open
High
Low
Loading chart…
Chart data unavailable
Data via Yahoo Finance · For informational use only
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 2502000 ₹—
NII / HNI (Non-Institutional) 751200 3 ₹3,70,800
Retail (Individual) 1752000 2 ₹2,47,200
Market Maker 2,64,000 ₹—
Fresh Issue 50,05,200 shares (agg. up to ₹52 Cr) ₹—
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 2 2,400 ₹2,47,200
HNI — sHNI 3 3,600 ₹3,70,800
Subscription Status
Final
Metric QIB NII Retail Total
Subscription 74.49 454.29 303.12 211.52
Shares 2502000 751200 1752000 5005200
Bids 186386400 341264400 531072000 1058722800
Financial Highlights

Amount in ₹ Crore

Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Revenue 503620
PAT 1070
EBITDA 16101
Net Worth 24147
Total Assets 64268
Reserves 1006
Borrowings 3510-
ROE
53
ROCE
25
RONW
42
PAT Margin
21
EBITDA Mgn
32
D/E Ratio
1
P/B Value
5
Pre EPS
7
Post EPS
5
Pre P/E
13
Post P/E
19
Objects of Issue
  • Funding the working capital requirements of our Company
  • Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company
  • Funding Capital Expenditure for the installation of additional Plant & Machinery
  • General Corporate Purposes
About Horizon Reclaim (India) Ltd

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.

Competitive Strengths:

  • In-house manufacturing facility supported by technology driven process
  • Diversified Customer Base and Long-Standing Customer Relationships
  • Experienced Promoter Directors with Strong Industry Expertise
  • Stringent Quality Control Ensuring Standardized Product Quality
Apply for This IPO
₹103
Min. ₹123,600 · 1,200 shares/lot
Expected Listing ₹166
GMP +₹63 (+61%)
Close Date 16 Jun 2026
Check Allotment
Pre-Issue
1,42,46,200 shares
Post-Issue
1,95,15,400 shares
Company Contact
Registrar
Kfin Technologies Ltd
  • 04067162222, 04079611000
  • horizonrec.ipo@kfintech.com
Lead Managers
  • GYR Capital Advisors Pvt.Ltd
Back to All IPOs