Horizon Reclaim (India) IPO Details
The Horizon Reclaim (India) IPO is a book build issue with a total issue size of ₹54 cr, comprising of fresh issue of 5005200 equity shares. Horizon Reclaim (India) IPO opened for subscription on Jun 12, 2026 and closed on Jun 16, 2026. Horizon Reclaim (India) IPO is set price band at ₹98 to ₹103 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹247,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 17, 2026, and listed on both the NSE and BSE on Jun 19, 2026.
Kfin Technologies Limited has been appointed as the registrar. GYR Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Horizon Reclaim (India) IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 98 – 103
- Lot Size
- 1200
- Issue Size
- ₹54 Cr
- Minimum Investment
- ₹247200 (2400 Shares)
- Listing Date
- 19 June 2026
Current GMP
₹75 (+72.82%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Horizon Reclaim (India) Limited
Incorporated in 2006, Horizon Reclaim (India) Limited is engaged in the manufacturing of reclaimed rubber, a sustainable and cost-effective material produced by recycling used rubber products such as discarded tyres, rubber tubes, tread peelings, and industrial rubber scrap. The company caters primarily to industrial and business-to-business (B2B) customers across various rubber-based manufacturing sectors.
Product Portfolio
1. Natural Rubber Reclaim
- Manufactured from recycled tyre casings and tubes.
- Widely used in the production of footwear soles, floor mats, tyre base layers, moulded rubber goods, and other rubber products.
2. Synthetic Rubber Reclaim
- Includes reclaimed EPDM and Butyl rubber grades.
- Applications include automotive seals, hoses, gaskets, weather strips, construction profiles, and other industrial rubber components.
3. Crumb Rubber
- Produced from end-of-life tyres through specialized recycling processes.
- Used in road construction, sports and playground surfaces, roofing sheets, and various infrastructure applications.
- Available in multiple grades and specifications to meet diverse customer requirements.
Market Presence
The company primarily follows a B2B sales model, serving small and medium-sized enterprises (SMEs) as well as industrial customers. Its operations are concentrated mainly in the northwestern region of India, where it supplies customized reclaimed rubber solutions tailored to industry-specific requirements.
Horizon Reclaim (India) IPO Promoters
- Mohit Bajaj
- Malika Bajaj
Promoters Holding
Holding Pre Issue
95.84%
Holding Post Issue
0.00%
Horizon Reclaim (India) IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- 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
Address / Contact Info
Horizon Reclaim (India) Ltd. Address
Khasra no. 9,
Dehradun Road, Near Nirankari Bhawan
Village - Kumar Hera,
Saharanpur, Uttar Pradesh, 247001
Email-ID: cs@horizonreclaim.
Website:https://horizonreclaim.com/
IPO Snapshot
Book Running Lead Managers
- GYR Capital Advisors Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Horizon Reclaim (India) IPO is a Book-building IPO with a total issue size of ₹54 crore. The Horizon Reclaim (India) IPO price band is ₹98 to 103 per share. The Horizon Reclaim (India) IPO subscription opens on Fri, Jun 12, 2026, and closes on Tue, Jun 16, 2026. The Horizon Reclaim (India) IPO will be listed on the BSE. Kfin Technologies Limited is the registrar for the Horizon Reclaim (India) IPO.
The Horizon Reclaim (India) IPO opens on Fri, Jun 12, 2026 and closes on Tue, Jun 16, 2026
Horizon Reclaim (India) IPO Price Band is ₹98 to 103 per share.
Horizon Reclaim (India) IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹247200 based on the upper price band
The minimum investment for Horizon Reclaim (India) IPO is ₹247200, based on one lot of 1200 shares at the upper price band of ₹103 per share.
Investors can apply for the Horizon Reclaim (India) IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Jun 16, 2026. The application amount remains blocked until the Horizon Reclaim (India) IPO allotment is finalized.
Horizon Reclaim (India) IPO issue size is ₹54 crores.
Horizon Reclaim (India) IPO allotment date is Wed, Jul 1, 2026.
The registrar for Horizon Reclaim (India) IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Horizon Reclaim (India) IPO allotment status, refund processing, and other IPO-related information.
The Horizon Reclaim (India) IPO GMP (Grey Market Premium) is ₹75 as of Fri, Jun 19, 2026. Based on the upper price band of ₹103 per share, the estimated Horizon Reclaim (India) IPO listing price is ₹178, indicating a potential listing gain of approximately 0% over the issue price.