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Automobile & Ancillaries · Listed on BSE · 12 Jun 2026 - 16 Jun 2026
Jagat JoshiHorizon Reclaim (India) Ltd, founded in 2006, is one of the leading manufacturers of reclaimed rubber. It is recycled rubber made from used rubber material such as old tyres, rubber tubes, tread peelings, and industrial scrap.
Its product portfolio includes 1) Natural Rubber Reclaim, which is used in footwear soles, floor mats, tyre base layers, and moulded rubber products. 2) Synthetic Rubber Reclaim, used in automotive seals, hoses, gaskets, and construction profiles, and 3) Crumb Rubber, used in road construction, sports surfaces, and roofing sheets. Its operations mostly run on a B2B model, serving small and medium enterprises and industrial customers. Moreover, its products can also be available in different grades as per the client’s requirements.
| Date & Time | GMP (₹) | Est. Listing Price | Est. Gain (%) | Est. Profit / Lot (₹) |
|---|---|---|---|---|
| 19-Jun-2026 12:00 PM | +₹75 | ₹178 | +72.82% | ₹90,000 |
| 18-Jun-2026 12:00 PM | +₹60 | ₹163 | +58.25% | ₹72,000 |
| 17-Jun-2026 12:00 PM | +₹55 | ₹158 | +53.40% | ₹66,000 |
| 16-Jun-2026 12:00 PM | +₹63 | ₹166 | +61.17% | ₹75,600 |
| 15-Jun-2026 12:00 PM | +₹57 | ₹160 | +55.34% | ₹68,400 |
| 13-Jun-2026 12:00 PM | +₹53 | ₹156 | +51.46% | ₹63,600 |
| 12-Jun-2026 12:00 PM | +₹50 | ₹153 | +48.54% | ₹60,000 |
| 11-Jun-2026 12:00 PM | +₹53 | ₹156 | +51.46% | ₹63,600 |
| 10-Jun-2026 12:00 PM | +₹33 | ₹136 | +32.04% | ₹39,600 |
| 09-Jun-2026 12:00 PM | +₹15 | ₹118 | +14.56% | ₹18,000 |
| 08-Jun-2026 12:00 PM | +₹10 | ₹113 | +9.71% | ₹12,000 |
| 06-Jun-2026 12:00 PM | +₹5 | ₹108 | +4.85% | ₹6,000 |
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| Anchor | 1.00x | 15,01,200 | 15,01,200 | ₹15.46 Cr |
| QIB (Ex. Anchor) | 186.72x | 10,00,800 | 18,68,65,200 | ₹1,924.71 Cr |
| NII | 450.74x | 7,51,200 | 33,85,98,000 | ₹3,487.56 Cr |
| bNII > ₹10L | 502.41x | 5,00,400 | 25,14,04,800 | ₹2,589.47 Cr |
| sNII < ₹10L | 347.66x | 2,50,800 | 8,71,93,200 | ₹898.09 Cr |
| Retail | 308.30x | 17,52,000 | 54,01,44,000 | ₹5,563.48 Cr |
| Market Maker | 1.00x | 2,64,000 | 2,64,000 | ₹2.72 Cr |
| Total | 213.20x | 52,69,200 | 1,06,73,72,400 | ₹10,991.22 Cr |
| Period Ended | 31 MAR 2026 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|
| Total Income | 50.01 | 36.39 | 20.44 |
| Profit After Tax | 10.50 | 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 | — |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Lead Reclaim and Rubber Products Limited | 4.73 | 19.04 | 27.96 | 10.27 | 39.99 |
Mohit Bajaj,Malika Bajaj is the company's promoter of Horizon Reclaim (India).
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 95.84% | 69.97% |
| Others* | 4.16% | 30.03% |
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