· SME · BSE
Price Band
₹98–103
Lot Size
1200 shares
Issue Size
₹54 Cr
Min. Investment
₹1,23,600
Indicative, updates through the day
Cap price plus current GMP: ₹103 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Horizon Reclaim (India) IPO is an SME issue that listed on BSE on 19 June 2026. The issue price band is fixed at ₹98–₹103 per equity share with a minimum market lot size of 1200 shares, bringing the total issue size to ₹54 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,23,600.
No meaningful grey market premium is actively quoted for Horizon Reclaim (India) IPO at this stage. For an SME issue at this point in the timeline, this is standard until anchor book allocations and institutional bids build volume. A missing premium is not negative sentiment; it reflects lower off-market liquidity. Read our complete guide to IPO GMP mechanics.
The minimum investment for retail investors is one lot of 1200 shares (approx. ₹1,23,600 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 17 June 2026 and listing completed on 19 June 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹103
Listed At
₹151
Current Price
₹147.3
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.
Horizon Reclaim (India) IPO raises ₹15.46 crore from anchor investors. Horizon Reclaim (India) IPO Anchor bid date is June 11, 2026.
| 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% |
| 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 |
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
₹147Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Defrail Technologies Ltd. | 11.18 | ₹13.77 Cr | |
| Ameenji Rubber Ltd. | 10.31 | ₹30.00 Cr |
Horizon Reclaim (India) Ltd. Address
KFin Technologies Ltd.