Horizon Reclaim – IPO

The IPO of Horizon Reclaim is structured as a book-built issue totaling Rs 47.95 crores. The issue consists entirely of a fresh issue of 65.68 lakh shares, aggregating to Rs 47.95 crores. There is no offer for sale in the IPO.

The Horizon Reclaim IPO opened for subscription on June 24, 2026, and closed on June 26, 2026. The finalization of the allotment took place on Monday, June 29, 2026. The shares were listed on NSE SME on Wednesday, July 1, 2026.

The price band for the Horizon Reclaim IPO was set between ₹70 and ₹73 per share. A minimum lot size of 1,600 shares was required for an application. The minimum investment amount required by retail investors was ₹116,800. For sNII investors, the minimum lot size investment was 2 lots (3,200 shares), amounting to ₹233,600, while for bNII investors, it was 5 lots (8,000 shares), amounting to ₹584,000.

Horizon Reclaim – IPO Details

IPO Date June 12, 2026 to June 16, 2026
Listing Date June 19, 2026
Face Value ₹ 10 / Share
Price Band ₹ 98 to ₹ 103 / Share
Lot Size 1200 Shares
Total Issue Size 5269200
(Aggregating up to 54 )
Fresh Issue 5005200
(Aggregating up to 52 )
Offer for Sale
Employee Discount
Issue Type Bookbuilding IPO
Listing At BSE SME
Share holding pre issue 14246200
Share holding post issue 19515400
Market Maker portion

Horizon Reclaim Timeline (Tentative Schedule)

Horizon Reclaim IPO opens on June 12, 2026, and closes on June 16, 2026.

IPO Open Date June 12, 2026
IPO Close Date June 16, 2026
Basis of Allotment June 17, 2026
Initiation of Refunds June 18, 2026
Credit of Shares to Demat June 18, 2026
Listing Date June 19, 2026
Cut-off time for UPI mandate confirmation --

Horizon Reclaim IPO Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. 

Application Lots Shares Amount
Retail (Min) 2 2,400 Rs.247,200
Retail (Max) 2 2,400 Rs.247,200
S-HNI (Min) 3 3,600 Rs.370,800
S-HNI (Max) 8 9,600 Rs.988,800
B-HNI (Min) 9 10,800 Rs.1,112,400
HNI (Min)

Horizon Reclaim IPO Promoter Holding

Share Holding Pre Issue 14246200
Share Holding Post Issue 19515400

Horizon Reclaim IPO Reservation

Horizon Reclaim (India) IPO comprises a total issue size of 52,69,200 shares. The net offer to the public is 50,05,200 shares, after excluding 2,64,000 shares allotted on a firm basis. Of the Net offer 25,02,000 (49.99%) are allocated to QIB, 7,51,200 (15.01%) allocated to NII 17,52,000 (35.00%) allocated to RII.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1501200
28.49
Market Maker Shares Offered 264000
5.01
Other Shares Offered
QIB Shares Offered 1000800
18.99
NII (HNI) Shares Offered 751200
15.01		 14.26
bNII > ₹10L 500400
9.50
sNII < ₹10L 250800
4.76
Retail Shares Offered 1752000
35.00		 33.25
Employee Shares Offered
Total Shares Offered 5269200
100.00

Horizon Reclaim IPO Anchor Investors Details

Bid Date 2026-06-11
Shares Offered 1501200
Anchor Portion Size (In Cr.) 15.46
Anchor lock-in period end date for 50% shares (30 Days) June 16, 2026
Anchor lock-in period end date for remaining shares (90 Days) September 14, 2026

About Horizon Reclaim

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

Key Performance Indicator

KPI Values
ROE 53.63
ROCE 25.45
Debt/Equity 1.44
RoNW 42.29
P/BV 5.91
PAT Margin (%) 21.25
  Pre IPO Post IPO
EPS (Rs) 7.37 5.38
P/E (x) 13.97 19.14

Note:

Mohit Bajaj and Malika Bajaj



Objects of the Issue (Horizon Reclaim IPO Objectives)

Horizon Reclaim Contact Details

Horizon Reclaim (India) Ltd. Address

Khasra no.9

Dehradun Road, Near Nirankari Bhawan

Village-Kumar Hera

Saharanpur, Uttar Pradesh, 247001

Horizon Reclaim IPO Registrar

Kfin Technologies Ltd.

Frequently Asked Questions

What is Horizon Reclaim IPO?
The Horizon Reclaim IPO is classified as an Mainline IPO. The issue price is set between ₹98 and ₹103 per equity share. A minimum of 1200 shares is required per order. The IPO will be open from June 12, 2026, to June 16, 2026. The shares are proposed to be listed on BSE SME.
When does the Horizon Reclaim IPO open and close?
The Horizon Reclaim IPO will be opened on June 12, 2026, and closed on June 16, 2026.
What is the issue size of the Horizon Reclaim IPO?
The size of the Horizon Reclaim IPO is 54 in total. A fresh issue of 5005200 shares, aggregating up to 52 , is included.
What is the price band of the Horizon Reclaim Limited IPO?
The price band for the IPO has been set between ₹98 - ₹103 per equity share.
What is the allotment date of the Horizon Reclaim IPO?
The share allotment date for the Horizon Reclaim IPO is set for June 17, 2026.
What is the Horizon Reclaim listing date?
The Horizon Reclaim IPO is scheduled to be listed on June 19, 2026.
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