Horizon Reclaim Company Analysis IPO Details Future Prospects

Horizon Reclaim (India) Limited is engaged in the recycling and processing industry, focusing on reclaiming waste tyres and rubber materials and converting them into high-quality reclaimed rubber products for industrial applications. The company supports sustainable manufacturing practices by reducing environmental waste, improving resource efficiency, and serving industries such as automotive, construction, footwear, and infrastructure.

Horizon Reclaim (India) IPO is a book-built SME IPO aggregating up to ₹54.27 crore. The IPO consists entirely of a fresh issue of 52.69 lakh equity shares with no offer for sale component. The company intends to utilize the proceeds for working capital requirements, repayment of borrowings, capital expenditure towards additional plant and machinery, and general corporate purposes. 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.

Horizon Reclaim IPO Details

Horizon Reclaim IPO Dates

Financials of Horizon Reclaim India

Strengths

• More than 19 years of industry experience in producing reclaimed rubber from waste and used tyres.
• Broad product portfolio comprising natural reclaim rubber, synthetic reclaim rubber, and crumb rubber solutions.
• Strong procurement network supported by both domestic and international raw material suppliers.
• Robust quality management practices backed by ISO 9001:2015 certification standards.
• Manufacturing facility strategically located in Haridwar, providing efficient access to raw materials and logistics infrastructure.

Risk Factors

• Revenue concentration among a limited customer base may increase business dependency risks.
• The company relies on a select group of suppliers for the procurement of critical raw materials.
• Volatility in raw material costs or supply chain interruptions could impact operating margins.
• Any failure to maintain product quality expectations may result in customer loss or reduced orders.
• Lower-than-expected utilisation of production capacity may affect operational efficiency and future profitability.

About Company

Horizon Reclaim (India) Limited is one of India’s established rubber recycling companies, founded in 2006, with expertise backed by nearly two decades of experience in plastic, rubber, and metal recycling. The company specializes in converting end-of-life tyres and industrial rubber waste into high-quality reclaim rubber products, serving industries such as automotive, footwear, construction, infrastructure, sports flooring, and industrial manufacturing. Through advanced de-polymerisation technology and environmentally responsible processes, Horizon Reclaim promotes sustainable manufacturing while reducing landfill waste and carbon emissions.

Product Portfolio

• EPDM Reclaim Rubber
• Butyl Reclaim Rubber
• Super Fine Reclaim Rubber
• 202 Grade Reclaim Rubber
• WTR (Whole Tyre Reclaim) Rubber
• HR (High-Resilience) Reclaim Rubber
• Fine Reclaim Rubber
• Crumb Rubber

Horizon Reclaim (India) IPO is a book-built SME IPO aggregating up to ₹54.27 crore through a fresh issue of 52.69 lakh equity shares. The company has demonstrated strong operational growth, recycling more than 200,000 tyres every month, recovering over 2,000 tons of rubber waste, achieving a 98% material recovery rate, and reducing CO₂ emissions by 45% through recycling activities. The IPO proceeds will be utilized for working capital requirements, repayment of borrowings, capital expenditure for additional plant and machinery, and general corporate purposes.

Horizon Reclaim IPO GMP Day 1

Horizon Reclaim (India) Limited IPO has started attracting attention in the grey market, with GMP activity indicating growing investor interest ahead of the issue opening. The Grey Market Premium has shown significant movement, touching a high of ₹53 on 11 June 2026 and a low of ₹5 on 6 June 2026. Such fluctuations suggest that market sentiment is evolving as investors assess the company’s business prospects and listing potential.

The Horizon Reclaim IPO is scheduled to open on 12 June 2026 and aims to raise approximately ₹54.27 crore through the SME platform. The IPO is priced in the range of ₹98 to ₹103 per share, with a minimum application size of 2,400 shares. As with most SME IPOs, subscription demand and grey market trends will be closely watched by investors looking to gauge potential listing performance.

Horizon Reclaim IPO GMP Live Rates day by day.

Date	IPO GMP	GMP Trend	Gain
12 June	₹53		51.46%
11 June	₹53		51.46%
10 June	₹33		32.04%
9 June	₹15		14.56%
8 June	₹10		9.71%
6 June	₹5		4.85%

Horizon Reclaim IPO Subscription Day 1

The subscription window for the Horizon Reclaim (India) Limited IPO opened on 12 June 2026 and will remain open until 16 June 2026. The company plans to raise approximately ₹54.27 crore through the IPO, with the issue allocation reserved as 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 35% for retail investors. The IPO is being offered at a price band of ₹98 to ₹103 per equity share.

Investors can apply for a minimum lot of 2,400 shares, which requires an investment of ₹2,47,200 at the upper price band. As an SME IPO, Horizon Reclaim is proposed to be listed on the BSE SME platform. Subscription levels across investor categories will be closely monitored, as they often play an important role in determining market sentiment and listing expectations.

Horizon Reclaim IPO Subscription Status – Day 1

Horizon Reclaim IPO GMP Day 2

Horizon Reclaim IPO is witnessing positive activity in the grey market ahead of its listing. The IPO GMP (Grey Market Premium) has reached a high of ₹57 on June 15, 2026, compared to a low of ₹5 recorded on June 6, 2026, indicating improving investor sentiment toward the issue.

The IPO opened on June 12, 2026, and aims to raise approximately ₹54.27 crore through the SME platform. The company has fixed the price band at ₹98 to ₹103 per share, with a market lot of 2,400 shares. Based on the latest GMP trend, the IPO is attracting strong interest in the unofficial market, although investors should remember that GMP is speculative and may not accurately predict listing performance.

Horizon Reclaim IPO GMP Live Rates day by day.

Date	IPO GMP	GMP Trend	Gain
15 June	₹57		55.34%
13 June	₹53		51.46%
12 June	₹50		48.54%
11 June	₹53		51.46%
10 June	₹33		32.04%
9 June	₹15		14.56%
8 June	₹10		9.71%
6 June	₹5		4.85%

Horizon Reclaim IPO Subscription Day 2

The subscription window for the Horizon Reclaim (India) Limited IPO opened on 12 June 2026 and will remain open until 16 June 2026. The company plans to raise approximately ₹54.27 crore through the IPO, with the issue allocation reserved as 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 35% for retail investors. The IPO is being offered at a price band of ₹98 to ₹103 per equity share.

Investors can apply for a minimum lot of 2,400 shares, which requires an investment of ₹2,47,200 at the upper price band. As an SME IPO, Horizon Reclaim is proposed to be listed on the BSE SME platform. Subscription levels across investor categories will be closely monitored, as they often play an important role in determining market sentiment and listing expectations.

Horizon Reclaim IPO Subscription Status – Day 2

Horizon Reclaim IPO GMP Day 3

Horizon Reclaim IPO GMP Live Rates day by day.

Date	IPO GMP	GMP Trend	Gain
16 June	₹63		61.17%
15 June	₹57		55.34%
13 June	₹53		51.46%
12 June	₹50		48.54%
11 June	₹53		51.46%
10 June	₹33		32.04%
9 June	₹15		14.56%
8 June	₹10		9.71%
6 June	₹5		4.85%

Horizon Reclaim IPO Subscription Status – Day 3

Horizon Reclaim IPO Allotment

Horizon Reclaim IPO allotment status is expected to be available on June 17, 2026. Investors who applied for the IPO can check their allotment status online through the registrar’s website or the BSE portal using their PAN, application number, or Demat account details.

The IPO subscription closed on June 16, 2026, and received an exceptional response from investors, being subscribed 304.11 times overall. Following the strong subscription, the Grey Market Premium (GMP) was reported around ₹55, indicating positive market sentiment ahead of the listing.

On Registrar Website (Horizon Reclaim)

Step 1: Visit the Horizon Reclaim
Step 2: Select Horizon Reclaim IPO from the dropdown list
Step 3: Enter any one of the required details: PAN number, Application Number, or Demat Account Number
Step 4: Click on the “Search” button
Step 5: Your allotment status will be displayed on the screen

On NSE:

Go to the applications status page on NSE
Choose the ‘Click here to sign up’ option and complete the registration process using your PAN details.
Enter your username, password, and captcha code on the subsequent page.
Once logged in, navigate to the designated section to check the IPO allotment status.

On BSE:

Go to the applications status page on BSE
In the ‘Issue Type’ section, opt for ‘Equity’ and pick the Adisoft Technologies Ltd IPO from the dropdown menu labelled ‘Issue Name’.
Enter either your PAN or application number, then click the ‘Submit’ button

FAQs

1. What is Horizon Reclaim IPO?

Horizon Reclaim IPO is a BSE SME book-built issue through which the company plans to raise approximately ₹54.27 crore by issuing 52.69 lakh fresh equity shares.

2. When will Horizon Reclaim IPO open and close?

The IPO will open for subscription on June 12, 2026, and close on June 16, 2026.

3. What is the price band of Horizon Reclaim IPO?

The price band for Horizon Reclaim IPO has been fixed at ₹98 to ₹103 per equity share.

4. What is the allotment date of Horizon Reclaim IPO?

The basis of allotment is expected to be finalized on June 17, 2026.

5. When is Horizon Reclaim IPO listing date?

The shares are scheduled to be listed on the BSE SME platform on June 19, 2026.

6. What does Horizon Reclaim (India) Limited do?

The company recycles waste tyres and rubber materials into reclaimed rubber products used in automotive, footwear, construction, infrastructure, sports flooring, and industrial applications.

7. How will the company use the IPO proceeds?

The funds will be utilized for working capital requirements, repayment of borrowings, capital expenditure for additional plant and machinery, and general corporate purposes.

8. What are the sustainability achievements of Horizon Reclaim?

The company recycles more than 200,000 tyres per month, recovers over 2,000 tons of rubber waste, achieves a 98% material recovery rate, and helps reduce CO₂ emissions through recycling.

9. When was Horizon Reclaim (India) Limited established?

Horizon Reclaim was established in 2006 and has nearly two decades of experience in rubber recycling and resource recovery solutions.

10. Why are investors tracking Horizon Reclaim IPO?

Investors are monitoring the IPO due to the company’s presence in the growing recycling sector, strong sustainability focus, expanding manufacturing capabilities, and increasing demand for reclaimed rubber products.