Horizon Reclaim (India) Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

12 Jun 2026

Close Date

16 Jun 2026

Allotment

17 Jun 2026

Listing Date

19 Jun 2026

Exchange

BSE SME

Price Band

₹103

Listing Price

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Allotment Status

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Price Band

₹103

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

52,69,200 shares (agg. up to ₹54 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹123,600

1 lot

Pre-IPO Holding

1,42,46,200 shares

Promoters

Post-IPO Holding

1,95,15,400 shares

Promoters

P/E (Pre)

13.97x

P/E (Post)

19.14x

EPS (Pre)

₹7.37

EPS (Post)

₹5.38

UPI Deadline

5:00 PM on 16 Jun 2026

Mandate

GMP

+₹63

+61.17% est.

Anchor AllotmentThu, 11 Jun 2026

Basis of AllotmentWed, 17 Jun 2026

Refund InitiationThu, 18 Jun 2026

Demat CreditThu, 18 Jun 2026

Listing DayFri, 19 Jun 2026

UPI Mandate Deadline5:00 PM on 16 Jun 2026

Sale TypeFresh capital only

Net Offer to Public50,05,200 shares (agg. up to ₹52 Cr)

Market Maker Quota2,64,000 shares (agg. up to ₹3 Cr)

Fresh Issue Shares50,05,200 shares (agg. up to ₹52 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Horizon Reclaim (India) Ltd IPO subscribed 211.52 times overall. Retail: 303.12x. QIB: 74.49x. NII: 454.29x. By 16 Jun 2026.

QIB

74.49x

Over

NII/HNI

454.29x

Over

Retail

303.12x

Over

Total

211.52x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	264,000	—	₹2.72
QIB	Over 74.49x	2,502,000	—	₹25.77
NII / HNI	Over 454.29x	751,200	—	₹7.74
Retail	Over 303.12x	1,752,000	—	₹18.05
Total	211.52x	5,005,200	100%	₹51.55

IPO Shares Offered

Horizon Reclaim (India) Ltd IPO total issue size: ₹51.55 Cr. Retail: ₹18.05 Cr. QIB: ₹25.77 Cr. NII: ₹7.74 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
QIB	2,502,000	₹25.77	49.99%
Market Maker	264,000	₹2.72	5.27%
NII	751,200	₹7.74	15.01%
Retail	1,752,000	₹18.05	35.00%
Total	5,005,200	₹51.55	100.00%

* Based on upper price band ₹103 per share

Basis of Allotment

	QIB			NII			Retail	Total
	Ex. Anchor	Anchor	Total QIB	Below ₹10L	Above ₹10L	Total NII	Retail	Total
Allocation (shares)	—	—	—	—	—	751,200	1,752,000	2,503,200
Allotment price (₹)	103	103	103	103	103	103	103	103
No. of applications	—	—	—	—	—	—	—	—
No. of shares applied	—	—	—	—	—	—	—	—
Amount collected (₹Cr)	—	—	—	—	—	—	₹18.05	₹18.05
Times subscribed	74.49x	—	—	—	—	454.29x	303.12x	211.52x
Shares allotted	—	—	—	—	—	751,200	1,752,000	2,503,200
No. of allottees	—	—	—	—	—	—	—	—

* Upper price band ₹103 · ** Anchor allotment excluded from public shares

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹103.00

Upper Band

Min Investment

₹123,600

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹247,200
Retail (Max — 13 Lots)	13	15,600	₹1,606,800
S-HNI (Min — 14 Lots)	14	16,800	₹1,730,400
B-HNI (Min — 68 Lots)	68	81,600	₹8,404,800

* Issue Price ₹103 × Lot Size 1,200 shares

IPO Schedule

Anchor

11 Jun 2026

✓ Done

IPO Open

12 Jun 2026

✓ Done

IPO Close

16 Jun 2026

✓ Done

Allotment

17 Jun 2026

✓ Done

Refunds

18 Jun 2026

✓ Done

Demat Credit

18 Jun 2026

✓ Done

Listing Day

19 Jun 2026

✓ Done

₹103.00

INR · BSE

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Issue ₹103.00 GMP: +₹63 Live Price

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 profilesCrumb 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 processDiversified Customer Base and Long-Standing Customer RelationshipsExperienced Promoter Directors with Strong Industry ExpertiseStringent Quality Control Ensuring Standardized Product Quality

Objects of the 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

Horizon Reclaim (India) Ltd Financials (Amount in ₹ Crore)

Revenue from Operations

₹20.4

31 Mar 2024

₹36.4

31 Mar 2025

₹50.0

31 Mar 2026

Profit After Tax (PAT)

₹0.7

31 Mar 2024

₹7.1

31 Mar 2025

₹10.5

31 Mar 2026

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Revenue from Operations	50.01	36.39	20.44
EBITDA	16.32	10.46	1.17
Profit After Tax (PAT)	10.50	7.07	0.71
Net Worth	24.83	14.33	7.26
Total Assets	64.88	26.08	8.45
Reserves & Surplus	10.58	0.08	6.51
Borrowings	35.76	10.03	N/A
EBITDA Margin (%)	32.64	—	—
PAT Margin (%)	21.25	—	—

P/BV Ratio

5.91

RoE

53.63

RoCE

25.45

RoNW

42.29

PAT Margin

21.25

EBITDA Margin

32.64

Debt/Equity

1.44

Issue Structure & Shareholding

Total Shares Offered52,69,200

Net Offer to Public50,05,200 shares (agg. up to ₹52 Cr)

Reserved for Market Maker2,64,000 shares (agg. up to ₹3 Cr)

Pre-Issue Promoter Holding1,42,46,200 shares

Post-Issue Promoter Holding1,95,15,400 shares

P/BV Ratio5.91

RoE53.63

RoCE25.45

Debt / Equity1.44

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

04067162222, 04079611000

horizonrec.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

GYR Capital Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Horizon Reclaim (India) Ltd IPO subscribed? ▲

Horizon Reclaim (India) Ltd IPO is subscribed 211.52 times by Jun 16, 2026. Retail: 303.12x. QIB: 74.49x. NII: 454.29x.

Investor Category	Subscription
Qualified Institutional (QIB)	74.49x
Non Institutional (NII/HNI)	454.29x
Retail Individual	303.12x
Total Subscription	211.52x

What is Horizon Reclaim (India) Ltd IPO retail subscription status? ▼

The Horizon Reclaim (India) Ltd IPO retail category is subscribed 303.12 times as of 16 Jun 2026. The retail portion is oversubscribed.

How to subscribe Horizon Reclaim (India) Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 12 Jun 2026 and closes 16 Jun 2026. Min investment: ₹123,600 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 16 Jun 2026.

How many times Horizon Reclaim (India) Ltd IPO subscribed? ▼

The Horizon Reclaim (India) Ltd IPO subscribed 211.52x overall. QIB: 74.49x, NII: 454.29x, Retail: 303.12x. Applications: from NSE/BSE.

How to check Horizon Reclaim (India) Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 17 Jun 2026. Refunds: on 18 Jun 2026.

When Horizon Reclaim (India) Ltd IPO will be listed? ▼

The Horizon Reclaim (India) Ltd IPO listing date is 19 Jun 2026, Friday. Listed on: BSE SME. Issue price: ₹103. Estimated listing: ₹166. GMP: +₹63.

When Horizon Reclaim (India) Ltd IPO close? ▼

The Horizon Reclaim (India) Ltd IPO closes on 16 Jun 2026, Tuesday. UPI mandate: 5:00 PM on 16 Jun 2026. Allotment: 17 Jun 2026. Listing: 19 Jun 2026.

Quick Actions

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Live Price LIVE

Last Price₹103.00

Change—

Issue Price₹103.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹103

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹123,600

GMP+₹63

Est. Listing₹166

Subscribed211.52x

Open Date12 Jun 2026

Close Date16 Jun 2026

Allotment17 Jun 2026

Listing Date19 Jun 2026

ExchangeBSE SME

UPI Deadline5:00 PM on 16 Jun 2026