Horizon Reclaim (India)
· SME · BSE
Price Band
₹98–103
Lot Size
1200 shares
Issue Size
₹54 Cr
Min. Investment
₹1,23,600
Grey Market Premium
Indicative, updates through the day
Estimated listing price: ₹103
Subscription Status
Subscription data will appear once bidding opens.
About Horizon Reclaim (India)
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. The company sales are primarily business-to-business, targeting small and medium enterprises and industrial customers mainly in the northwestern region of India.
Issue Objectives
- 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
- Issue expenses
Anchor Investors
Horizon Reclaim (India) IPO raises ₹15.46 crore from anchor investors. Horizon Reclaim (India) IPO Anchor bid date is June 11, 2026.
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 25,02,000 | 49.99% |
| − Anchor Investor | 15,01,200 | 0% |
| − QIB (Ex. Anchor) | 10,00,800 | 0% |
| NII (HNI) | 7,51,200 | 15.01% |
| − bNII > ₹10L | 5,00,400 | 0% |
| − sNII < ₹10L | 2,50,800 | 0% |
| Retail | 17,52,000 | 35% |
| Market Maker | 2,64,000 | 0% |
- QIB50.0%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,47,200 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,47,200 |
| S-HNI (Min) | 3 | 3600 | ₹3,70,800 |
| S-HNI (Max) | 8 | 9600 | ₹9,88,800 |
| B-HNI (Min) | 9 | 10800 | ₹11,12,400 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
7.37
EPS (Post IPO)
5.38
ROE
42.29%
P/E (Pre IPO)
13.97
P/E (Post IPO)
19.14
Price / Book
5.91
Market Cap
₹201.01 Cr.
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Defrail Technologies Ltd. | 11.18 | ₹13.77 Cr | |
| Ameenji Rubber Ltd. | 10.31 | ₹30.00 Cr |
Contact Details
Horizon Reclaim (India) Ltd. Address
- +91 8171000900
- cs@horizonreclaim.com
- https://horizonreclaim.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 12 Jun 2026
- Close Date
- 16 Jun 2026
- Listing Date
- 19 Jun 2026
Issue Details
- Registrar
- KFin Technologies
- Lead Manager(s)
- Exchange
- BSE