Horizon Reclaim IPO Listing Details
| Listing Date | June 19, 2026 |
| BSE Code | 544794 |
| ISIN Code | INE1SEO01013 |
| Offer Price | ₹98 to ₹103 |
| Face Value | ₹10 |
| Listing Price | ₹151 |
Details About the Horizon Reclaim IPO
Horizon Reclaim IPO received SEBI approval for an IPO worth ₹54.27 crores via a fresh issue, with a face value of ₹10 each.
Further, the Horizon Reclaim IPO had a set price band of ₹98 to ₹103 per share.
Horizon Reclaim IPO consists of 2400 shares across 2 lot sizes for the retail minimum and maximum categories. S-HNI Minimum has a share of 3600 in a 3-lot size. S-HNI Maximum has a share of 9,600 in 8-lot size. Lastly, B-HNI Minimum has a share of 10,800 in 9-lot size.
To invest in the Horizon Reclaim IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,47,200.
- S-HNI Minimum: Minimum investment of ₹3,70,800.
- S-HNI Maximum: Maximum investment of ₹9,88,800
- B-HNI Minimum: Minimum investment of ₹11,12,400
Horizon Reclaim IPO Subscription Duration
Horizon Reclaim IPO opened on June 12, 2026, and closed on June 16, 2026. The Horizon Reclaim IPO allotment date was scheduled on June 17, 2026. The Horizon Reclaim IPO listing date is on June 19, 2026.
Horizon Reclaim IPO funds deployment
- The proceed raised from the fresh issue will be used towards the working capital requirements of the Company.
- Some funds will go towards Pre-payment or Repayment of all or a portion of outstanding borrowings taken by our Company.
- A portion of the fund will be used for the installation of additional Plant & Machinery.
- Lastly, the remaining funds will go to the General Corporate Purpose.
About the Horizon Reclaim IPO Company
Incorporated in 2006, Horizon Reclaim (India) is one of the growing manufacturers of reclaimed rubber, a recycled rubber made from used rubber material such as old tyres, rubber tubes, tread peelings, and industrial scrap. Its operations mostly run on a B2B model, serving small and medium enterprises and industrial customers.
Its product offerings comprise 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.
Horizon Reclaim IPO Company Financial Report
The company reported revenue of ₹50.01 crores in 2026 against ₹36.39 crores in 2025. The company reported a profit of ₹10.50 crores in 2026 against a profit of ₹7.07 crores in 2025.
