Horizon Reclaim (India) Limited
ListedSMEMaterials · BSE
Incorporated in 2006, Horizon Reclaim (India) Ltd. 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 scrap. The company offers a diversified product portfolio including natural rubber reclaim used in footwear soles, floor mats, tyre base layers, and moulded rubber products; synthetic rubber reclaim such as EPDM and butyl rubber used in automotive seals, hoses, gaskets, and construction profiles; and crumb rubber used in road construction, sports surfaces, and roofing sheets, available in various grades based on customer requirements. The company primarily operates on a B2B model, supplying to small and medium enterprises and industrial customers, mainly in the northwestern region of India.
Price Band
₹98 – ₹103
Issue Size
₹526.92 L Cr
Lot Size
1200 shares
GMP
₹60
+58.3%
Est. Listing
₹163
at current GMP
Subscribed
304.19x
overall
Open
12 Jun 2026
Close
16 Jun 2026
Allotment
17 Jun 2026
Refund
18 Jun 2026
Demat Credit
19 Jun 2026
Listing
19 Jun 2026
Last updated 3 months ago
Overall Subscription
304.19x
Total Demand
QIB Multiplier
186.72x
Institutions & Funds
NII / HNI
451.09x
High Net-Worth
Retail (RII)
308.30x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,000,800 | 186,865,200 | 186.72x |
| NIB | 751,200 | 338,862,000 | 451.09x |
| HNIs(10L +) | 500,400 | 251,668,800 | 502.94x |
| HNIs (2-10L) | 250,800 | 87,193,200 | 347.66x |
| RETAIL | 1,752,000 | 540,144,000 | 308.30x |
| Total | 4,255,200 | 1,404,733,200 | 304.19x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 138 | 0.00x |
| NIB | — | 43,868 | 0.00x |
| RETAIL | 730 | 225,060 | 308.30x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 139 | 26,754 | 192.47x |
| HNIs (2-10L) | 70 | 24,221 | 346.01x |
| Shareholder | — | — | 0.00x |
| Total Applications | 939 | 320,041 | 340.83x |
Day-Wise Subscription Progress
About Horizon Reclaim (India) Limited Public Issue & Market Profile
Horizon Reclaim (India) Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹52,69,200 Crores. The shares are offered at a price band of ₹98 to ₹103 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,23,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-06-19, while un-allotted funds or UPI block mandates will be released on 2026-06-18.
Frequently Asked Questions
What is the issue size and price band for Horizon Reclaim (India) Limited IPO?
The Horizon Reclaim (India) Limited IPO aggregate issue size is ₹52,69,200 Crores with an equity price band set at ₹98 to ₹103 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,23,600.
How can I check Horizon Reclaim (India) Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Horizon Reclaim (India) Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-06-17.