Allotment

The Horizon Reclaim IPO is a book-built issue worth ₹54.27 crores, consisting entirely of a fresh issue of 0.53 crore shares.
The IPO subscription will open on June 12, 2026, and close on June 16, 2026. The allotment is expected on June 17, 2026, with a tentative listing on June 19, 2026 on the BSE SME. The price band is fixed at ₹98 to ₹103 per share, and the lot size is 1,200 shares.
For investors, the minimum retail application requires 2 lots (2,400 shares) amounting to ₹2,47,200 (at upper price band). For HNI investors, the minimum investment is 3 lots (3,600 shares) worth ₹3,70,800.
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| IPO Date | 19 Jun |
| IPO Listing Date | 19 Jun |
| IPO Face Value | ₹10 Per Equity Share |
| IPO Price Range | ₹103.00 |
| IPO Issue Size | 52,69,200 Equity Shares |
| IPO Sale Type | Fresh capital cum OFS |
| Employee Discount | |
| IPO Issue Type | Book Building Issue |
| IPO Listing | BSE SME Platform |
| hare Holding Pre Issue | 1,42,46,200 shares |
| IPO Open Date | 12 Jun |
| IPO Close Date | 16 Jun |
| IPO Allotment (Tentative) | 17 Jun |
| Refunds | 18 Jun |
| Credit to Demat Account | 18 Jun |
| IPO Listing Date | 19 Jun |
| Category | Offer |
|---|---|
| QIB Shares Offered | 10,00,800 Shares |
| NII (HNI) Shares Offered | 7,51,200 Shares |
| Retail Shares Offered | 17,52,000 Shares |
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| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,47,200 |
| Retail (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 |
Horizon Reclaim (India) Limited is a sustainability-focused company engaged in the manufacturing of high-quality synthetic and natural reclaim rubber derived from end-of-life tyres and industrial rubber waste. Established in 2006, the company operates with the core philosophy of “Recycling with Morality” and is driven by a strong commitment to environmental responsibility and circular economy practices.
With 19 years of experience in recycling across rubber, plastic, and metal segments, Horizon Reclaim has developed advanced de-polymerisation technology and strict quality control systems to produce high-performance reclaim rubber. The company serves diverse industries including automotive, footwear, construction, infrastructure, sports flooring, and industrial applications. Supported by strong leadership and continuous R&D efforts, Horizon Reclaim focuses on reducing landfill waste, lowering CO₂ emissions, and promoting sustainable manufacturing practices while expanding its impact in the global recycling ecosystem.
| Assets | 64.88 | 26.08 | 8.45 |
| Total Income | 50.01 | 36.39 | 20.44 |
| Profit After Tax | 10.5 | 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 | - |
| 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 | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | ₹6.00 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Horizon Reclaim (India) Ltd.
Khasra no. 9,
Dehradun Road, Near Nirankari Bhawan
Village – Kumar Hera,
Saharanpur, Uttar Pradesh, 247001
Phone: +91 8171000900
Email: cs@horizonreclaim.com
Website: https://horizonreclaim.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: horizonrec.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Horizon Reclaim IPO is a book-built issue through which the company raises funds by issuing fresh shares in the market for investors.
The price band of Horizon Reclaim IPO is fixed between ₹98 to ₹103 per share.
The minimum lot size for Horizon Reclaim IPO is 1,200 shares per lot, depending on investor category.
The IPO will open on June 12, 2026 and close on June 16, 2026.
The IPO allotment is expected on June 17, 2026, after subscription closes.
Horizon Reclaim IPO will be listed on the BSE SME.
Horizon Reclaim manufactures synthetic and natural reclaim rubber made from end-of-life tyres and industrial rubber waste.
The company produces reclaim rubber used in automotive, footwear, construction, sports flooring, and industrial applications.
Retail investors need a minimum of 2 lots (2,400 shares) worth ₹2,47,200 at the upper price band.
The company operates in the recycling and sustainability sector, focusing on reclaim rubber and environmental solutions, which may offer long-term growth potential depending on market conditions.