The Horizon Reclaim IPO minimum market lot is 2,400 shares with ā¹2,47,200 application amount. The Horizon Reclaim IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Horizon 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 clientās requirements.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Horizon Reclaim IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.08 | 186.72 |
| NII | 12.63 | 139.71 | 450.74 |
| RII | 11.37 | 90.39 | 308.30 |
| Total | 8.39 | 75.17 | 304.11 |
Horizon Reclaim IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Horizon Reclaim IPO Review and Rating
- May Apply For Long-term View
Horizon Reclaim IPO Form
How to apply for the Horizon Reclaim IPO? You can apply for Horizon Reclaim IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Horizon Reclaim IPO in the Invest section. The other option is you can apply for Horizon Reclaim IPO via IPO forms downloaded online. Check out the Horizon Reclaim forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.