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Horizon Reclaim (India) Limited logo

Horizon Reclaim (India) Limited

Closed
HORIZONSME IPO· BSE
Prospectus (DRHP) More info

Price Band

₹98 – ₹103

Lot Size

1200 shares

Min ₹1,23,600

Issue Size

₹54 Cr

GMP (Grey Market)

₹75 (72.8%)

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About Horizon Reclaim (India) Limited

Horizon Reclaim (India) Limited is engaged in the manufacturing of reclaimed rubber, which is produced by recycling used rubber materials such as old tyres, rubber tubes, tread peelings and industrial rubber scrap, including EPDM rubber. The company offers products across three main categories: Natural Rubber Reclaim, Synthetic Rubber Reclaim (including EPDM and Butyl Reclaim Rubber), and Crumb Rubber, which are used in applications such as footwear, automotive components, floor mats, construction products, road construction and sports surfaces. The company procures waste rubber materials from domestic and imported sources and processes them into reusable rubber products for industrial customers. It operates a manufacturing facility in Haridwar, Uttarakhand, and generates revenue primarily through the sale of reclaimed rubber products to customers across multiple end-use industries. The company is also developing additional manufacturing capacity and a pyrolysis oil facility to recover value from end-of-life tyres and rubber waste.

Issue Details
IPO Open Date12 Jun 2026
IPO Close Date16 Jun 2026
Basis of Allotment17 Jun 2026
Refunds Initiation18 Jun 2026
Listing Date19 Jun 2026
Face Value—
Fresh Issue—
Offer for Sale—
Minimum Investment (Retail)₹1,23,600
RegistrarKfin Technologies Ltd.check allotment ↗
Lead ManagersGYR Capital Advisors Pvt.Ltd.
IPO Timeline

  1. Issue open date

    12 Jun 2026

  2. Issue close date

    16 Jun 2026

  3. UPI mandate deadline

    16 Jun 2026

  4. Allotment finalization

    17 Jun 2026

  5. Refund initiation

    18 Jun 2026

  6. Share credit

    18 Jun 2026

  7. Listing date

    19 Jun 2026

  8. Mandate end date

    1 Jul 2026

  9. Lock-in end date for anchor investors (50%)

    16 Jul 2026

  10. Lock-in end date for anchor investors (remaining)

    14 Sept 2026

Strengths
  • Over 19 years of experience in manufacturing reclaimed rubber from scrap and used tyres.
  • Diverse product portfolio including natural reclaim rubber, synthetic reclaim rubber and crumb rubber.
  • Established sourcing network for waste rubber materials from domestic and imported suppliers.
  • In-house quality control systems supported by ISO 9001:2015 certification.
  • Strategic manufacturing location in Haridwar with access to raw materials and transportation networks.
Risks
  • A significant portion of revenue comes from a limited number of customers.
  • Operations depend on a limited number of suppliers for key raw materials.
  • Rising raw material prices or supply disruptions could affect profitability.
  • Failure to meet product quality standards may lead to order cancellations and loss of business.
  • Under-utilisation of manufacturing capacity could adversely impact future financial performance.
Subscription Status

Updated 16 Jun 2026, 6:56 pm

QIB186.72x
NII (HNI)450.74x
Retail308.3x
Total304.11x
Grey Market Premium

Updated 16 Jul 2026, 9:41 pm

₹75

Estimated listing: ₹178 (72.8% over upper band)

GMP is unofficial and indicative only. It is not a reliable predictor of listing price.

Frequently asked questions — Horizon Reclaim (India) Limited IPO

What is the price band of Horizon Reclaim (India) Limited IPO?

The price band of the Horizon Reclaim (India) Limited SME IPO is ₹98 – ₹103 per share with a lot size of 1200 shares.

When does Horizon Reclaim (India) Limited IPO open and close?

Horizon Reclaim (India) Limited SME IPO opens on 12 Jun 2026 and closes on 16 Jun 2026. Allotment is expected on 17 Jun 2026.

What is the GMP of Horizon Reclaim (India) Limited IPO today?

The latest grey market premium (GMP) for Horizon Reclaim (India) Limited is ₹75 (about 72.8% over the upper price band). GMP is indicative only and not investment advice.

What is the minimum investment for Horizon Reclaim (India) Limited IPO?

The minimum investment for Horizon Reclaim (India) Limited is ₹1,23,600 (1 lot = 1200 shares).

How do I check Horizon Reclaim (India) Limited IPO allotment status?

Allotment for Horizon Reclaim (India) Limited is expected on 17 Jun 2026. Check your Horizon Reclaim (India) Limited allotment on the registrar (KFin Technologies) or the BSE "Status of Issue Application" page using your PAN, application number or DP/Client ID.

When will Horizon Reclaim (India) Limited IPO list?

Horizon Reclaim (India) Limited SME IPO is expected to list on 19 Jun 2026 on the SME exchange.

What is the issue size of Horizon Reclaim (India) Limited IPO?

The total issue size of the Horizon Reclaim (India) Limited SME IPO is ₹54 Cr.

Check allotment on our IPO allotment status page, or track live IPO GMP.