Horizon Reclaim (India)
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 12-06-2026 | 16-06-2026 | ₹10 per share | ₹98 to ₹103 | 1,200 Shares | BSE SME | 52,69,200 shares (agg. up to ₹54 Cr) | 2026-06-17 00:00:00 | 2026-06-18 00:00:00 | 2026-06-18 00:00:00 | 19-06-2026 |
About The Company
Incorporated in 2006, Horizon Reclaim (India) Ltd. is engaged in the manufacturing of reclaimed rubber, which is recycled rubber derived from used rubber materials such as old tyres, rubber tubes, tread peelings, and industrial scrap.
Product Portfolio:
- Natural Rubber Reclaim, made from tyre casings and tubes and used in footwear soles, floor mats, tyre base layers, and moulded rubber products.
- Synthetic Rubber Reclaim, including EPDM and Butyl rubber used in automotive seals, hoses, gaskets, and construction profiles
- Crumb Rubber, produced from recycled tyres and used in road construction, sports surfaces, and roofing sheets. Products are available in different grades based on customer requirements.
The company sales are primarily business-to-business, targeting small and medium enterprises and industrial customers mainly in the northwestern region of India.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2024 | 8 | 20 | 1 | 7.26 | 6.51 | 0 |
| 31-03-2025 | 26 | 36 | 7 | 14.33 | 0.08 | 10.03 |
| 31-03-2026 | 65 | 50 | 11 | 24.83 | 10.58 | 35.76 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | 247200 |
| Individual investors (IND) (Max) | 2 | 2400 | 247200 |
| S-HNI (Min) | 3 | 3600 | 370800 |
| S-HNI (Max) | 8 | 9600 | 988800 |
| B-HNI (Min) | 9 | 10800 | 1112400 |
IPO Listing Details
| Listing Date | 19-06-2026 |
| BSE Script Code | |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Promoter holdings
Mohit Bajaj and Malika Bajaj
Contact Information of the Company
Horizon Reclaim (India) Ltd. Address
Khasra no. 9,
Dehradun Road, Near Nirankari Bhawan
Village - Kumar Hera,
Saharanpur, Uttar Pradesh, 247001
+91 8171000900
cs@horizonreclaim.com
Visit Website
Khasra no. 9,
Dehradun Road, Near Nirankari Bhawan
Village - Kumar Hera,
Saharanpur, Uttar Pradesh, 247001
+91 8171000900
cs@horizonreclaim.com
Visit Website
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
horizonrec.ipo@kfintech.com
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IPO Lead Manager
GYR Capital Advisors Pvt.Ltd.