Horizon Reclaim (India) IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jun 12 to Jun 16 2026
Price Band
₹98 - 103
Current GMP
₹151.0 (+46.60%)
Subscription
304.11 times
IPO Details
| IPO Date | 12 to 16 Jun, 2026 |
| Listing Date | Fri, Jun 19, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹98 to ₹103 |
| Issue Price | ₹103 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 52,69,200 shares (agg. up to ₹ 54 Cr) |
| Reserved for Market Maker | 2,64,000 shares (agg. up to ₹ 3 Cr) Giriraj Stock Broking Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 50,05,200 shares (agg. up to ₹ 52 Cr) |
| Net Offered to Public | 50,05,200 shares (agg. up to ₹ 52 Cr) |
| Share Holding Pre Issue | 1,42,46,200 shares |
| Share Holding Post Issue | 1,95,15,400 shares |
| BSE Script Code / | 544794 / |
| ISIN | INE1SEO01013 |
IPO Date
12 to 16 Jun, 2026
Listing Date
Fri, Jun 19, 2026
Face Value
₹ 10 per share
Price Band
₹98 to ₹103
Issue Price
₹103 per share
Lot Size
1,200 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Total Issue Size
52,69,200 shares (agg. up to ₹ 54 Cr)
Reserved for Market Maker
2,64,000 shares (agg. up to ₹ 3 Cr) Giriraj Stock Broking Pvt.Ltd.
Fresh Issue (Ex Market Maker)
50,05,200 shares (agg. up to ₹ 52 Cr)
Net Offered to Public
50,05,200 shares (agg. up to ₹ 52 Cr)
Share Holding Pre Issue
1,42,46,200 shares
Share Holding Post Issue
1,95,15,400 shares
BSE Script Code /
544794 /
ISIN
INE1SEO01013
IPO Subscription Details
| Anchor | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 186.72 |
| NII*** | 450.74 |
| bNII (> ₹10L) | 502.41 |
| sNII (< ₹10L) | 347.66 |
| Individual Investors | 308.30 |
| Total ** | 304.11 |
Anchor
1
Market Maker
1
QIB (Ex Anchor)
186.72
NII***
450.74
bNII (> ₹10L)
502.41
sNII (< ₹10L)
347.66
Individual Investors
308.30
Total **
304.11
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Jun 1 2 (Day 1) | 0.00 | 12.63 | 13.32 | 11.26 | 11.37 | 8.39 |
| Jun 1 5 (Day 2) | 0.08 | 139.71 | 143.78 | 131.60 | 90.39 | 75.17 |
| Jun 1 6 (Day 3) | 186.72 | 450.74 | 502.41 | 347.66 | 308.30 | 304.11 |
DayJun 1
2 (Day 1)
QIB (Ex Anchor)0.00
NII*12.63
NII (> ₹10L)13.32
NII (< ₹10L)11.26
Individual Investors11.37
Total8.39
DayJun 1
5 (Day 2)
QIB (Ex Anchor)0.08
NII*139.71
NII (> ₹10L)143.78
NII (< ₹10L)131.60
Individual Investors90.39
Total75.17
DayJun 1
6 (Day 3)
QIB (Ex Anchor)186.72
NII*450.74
NII (> ₹10L)502.41
NII (< ₹10L)347.66
Individual Investors308.30
Total304.11
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 19-06-2026 | 103.00 | 75(72.82%) | 178 |
| 18-06-2026 | 103.00 | 75(72.82%) | 178 |
| 17-06-2026 | 103.00 | 54(52.43%) | 157 |
| 16-06-2026 | 103.00 | 55(53.40%) | 158 |
| 15-06-2026 | 103.00 | 63(61.17%) | 166 |
| 14-06-2026 | 103.00 | 57(55.34%) | 160 |
| 13-06-2026 | 103.00 | 57(55.34%) | 160 |
| 12-06-2026 | 103.00 | 53(51.46%) | 156 |
| 11-06-2026 | 103.00 | 50(48.54%) | 153 |
| 10-06-2026 | 103.00 | 42(40.78%) | 145 |
| 09-06-2026 | 103.00 | 25(24.27%) | 128 |
| 08-06-2026 | 103.00 | 15(14.56%) | 118 |
| 07-06-2026 | 103.00 | 5(4.85%) | 108 |
| 06-06-2026 | 103.00 | 0(0.00%) | 103 |
Date19-06-2026
Price103.00
GMP75(72.82%)
Estimate List Price178
Date18-06-2026
Price103.00
GMP75(72.82%)
Estimate List Price178
Date17-06-2026
Price103.00
GMP54(52.43%)
Estimate List Price157
Date16-06-2026
Price103.00
GMP55(53.40%)
Estimate List Price158
Date15-06-2026
Price103.00
GMP63(61.17%)
Estimate List Price166
Date14-06-2026
Price103.00
GMP57(55.34%)
Estimate List Price160
Date13-06-2026
Price103.00
GMP57(55.34%)
Estimate List Price160
Date12-06-2026
Price103.00
GMP53(51.46%)
Estimate List Price156
Date11-06-2026
Price103.00
GMP50(48.54%)
Estimate List Price153
Date10-06-2026
Price103.00
GMP42(40.78%)
Estimate List Price145
Date09-06-2026
Price103.00
GMP25(24.27%)
Estimate List Price128
Date08-06-2026
Price103.00
GMP15(14.56%)
Estimate List Price118
Date07-06-2026
Price103.00
GMP5(4.85%)
Estimate List Price108
Date06-06-2026
Price103.00
GMP0(0.00%)
Estimate List Price103
IPO Important Dates
| IPO Open | Fri, Jun 12, 2026 |
| IPO Close | Tue, Jun 16, 2026 |
| Allotment | Wed, Jun 17, 2026 |
| Refund | Thu, Jun 18, 2026 |
| Credit of Shares | Thu, Jun 18, 2026 |
| Listing | Fri, Jun 19, 2026 |
IPO Open
Fri, Jun 12, 2026
IPO Close
Tue, Jun 16, 2026
Allotment
Wed, Jun 17, 2026
Refund
Thu, Jun 18, 2026
Credit of Shares
Thu, Jun 18, 2026
Listing
Fri, Jun 19, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,400 | ₹2,47,200 |
| Individual investors (IND) (Max) | 2 | 2,400 | ₹2,47,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,70,800 |
| S-HNI (Max) | 8 | 9,600 | ₹9,88,800 |
| B-HNI (Min) | 9 | 10,800 | ₹11,12,400 |
ApplicationIndividual investors (IND) (Min)
Lots2
Shares2,400
Amount₹2,47,200
ApplicationIndividual investors (IND) (Max)
Lots2
Shares2,400
Amount₹2,47,200
ApplicationS-HNI (Min)
Lots3
Shares3,600
Amount₹3,70,800
ApplicationS-HNI (Max)
Lots8
Shares9,600
Amount₹9,88,800
ApplicationB-HNI (Min)
Lots9
Shares10,800
Amount₹11,12,400
Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 64.88 | 26.08 | 8.45 |
| Total Income | 50.01 | 36.39 | 20.44 |
| Profit After Tax | 10.50 | 7.07 | 0.71 |
| EBITDA | 16.32 | 10.46 | 1.17 |
| NET Worth | 24.83 | 14.33 | 7.26 |
| Reserves and Surplus | 10.58 | 0.08 | 6.51 |
| Total Borrowing | 35.76 | 10.03 |
Period EndedAssets
31 Mar 202664.88
31 Mar 202526.08
31 Mar 20248.45
Period EndedTotal Income
31 Mar 202650.01
31 Mar 202536.39
31 Mar 202420.44
Period EndedProfit After Tax
31 Mar 202610.50
31 Mar 20257.07
31 Mar 20240.71
Period EndedEBITDA
31 Mar 202616.32
31 Mar 202510.46
31 Mar 20241.17
Period EndedNET Worth
31 Mar 202624.83
31 Mar 202514.33
31 Mar 20247.26
Period EndedReserves and Surplus
31 Mar 202610.58
31 Mar 20250.08
31 Mar 20246.51
Period EndedTotal Borrowing
31 Mar 202635.76
31 Mar 202510.03
31 Mar 2024
Key Performance Indicator
| ROE | 53.63% |
| ROCE | 25.45% |
| Debt/Equity | 1.44 |
| RoNW | 42.29% |
| PAT Margin | 21.25% |
| EBITDA Margin | 32.64% |
| Price to Book Value | 5.91 |
ROE
53.63%
ROCE
25.45%
Debt/Equity
1.44
RoNW
42.29%
PAT Margin
21.25%
EBITDA Margin
32.64%
Price to Book Value
5.91
IPO Reservation
| QIB Shares Offered | 25,02,000 |
| − Anchor Investor Shares Offered | 15,01,200 |
| − QIB (Ex. Anchor) Shares Offered | 10,00,800 |
| NII (HNI) Shares Offered | 7,51,200 |
| − bNII > ₹10L | 5,00,400 |
| − sNII < ₹10L | 2,50,800 |
| Retail Shares Offered | 17,52,000 |
| Market Maker Shares Offered | 2,64,000 |
| Total Shares Offered | 52,69,200 |
QIB Shares Offered
25,02,000
− Anchor Investor Shares Offered
15,01,200
− QIB (Ex. Anchor) Shares Offered
10,00,800
NII (HNI) Shares Offered
7,51,200
− bNII > ₹10L
5,00,400
− sNII < ₹10L
2,50,800
Retail Shares Offered
17,52,000
Market Maker Shares Offered
2,64,000
Total Shares Offered
52,69,200
Information about company
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:
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:
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
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
: Total
Disclaimer
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