Horizon Reclaim (India)
UPCOMINGIPO Date: 12 Jun - 16 Jun 2026
Listing Date: 19 Jun 2026
Price Range
₹98 to ₹103
Issue Size
54 Cr
Min Investment
₹1,17,600
Lot Size
1200 Shares
Schedule of Horizon Reclaim (India)
Issue open date
12 Jun 2026
Issue close date
16 Jun 2026
UPI mandate deadline
16 Jun 2026 (5 PM)
Allotment finalization
17 Jun 2026
Share credit
18 Jun 2026
Listing date
19 Jun 2026
Mandate end date
1 Jul 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 54 Cr |
| Fresh Issue | 0.53 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 17 Jun 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 9 Jun 2026 | ₹103 | ₹15 | ₹118 (14.56%) |
| 8 Jun 2026 | ₹103 | ₹10 | ₹113 (9.71%) |
| 6 Jun 2026 | ₹103 | ₹5 | ₹108 (4.85%) |
| 5 Jun 2026 | ₹103 | ₹0 | ₹103 (0%) |
Performance Horizon Reclaim (India)
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹98 to ₹103 | .... | .... | .... |
About Horizon Reclaim (India)
Horizon Reclaim (India) Limited is engaged in the recycling of waste rubber and the manufacturing of reclaimed rubber products. The company processes used tyres, tubes, tread peelings, industrial rubber scrap, and EPDM rubber into reusable materials such as natural rubber reclaim, synthetic rubber reclaim, EPDM reclaim, butyl reclaim, and crumb rubber. These products are used across industries including automotive, footwear, construction, flooring, road construction, and sports surfaces. The company operates a manufacturing facility in Haridwar, Uttarakhand and is expanding its capacity through additional recycling and pyrolysis oil projects focused on sustainable waste management. man Pal** – Director lysis oil and additional recycling capacity can enhance revenue streams and improve resource utilization. as per available company records and promoter disclosures).
| Founded in | 2006 |
| Managing director | Malika bajaj |
| Parent organization |
Financial Overview
Strengths
- Operates in the growing rubber recycling industry, benefiting from increasing demand for sustainable and circular economy solutions.
- Diversified product portfolio comprising Natural Rubber Reclaim, Synthetic Rubber Reclaim (EPDM and Butyl), and Crumb Rubber for multiple end-use industries.
- Established manufacturing facility in Haridwar with plans for capacity expansion, supporting future revenue growth.
- Focus on value recovery from waste tyres through the development of a pyrolysis oil facility, creating additional revenue streams.
Risks
- Dependence on the availability and pricing of waste rubber materials, which can impact production costs and margins.
- Significant exposure to cyclical industries such as automotive, construction, and footwear, which may affect demand during economic slowdowns.
- Intense competition from both organized and unorganized reclaimed rubber manufacturers could pressure pricing and profitability.
- Execution risks associated with capacity expansion and the proposed pyrolysis oil project, which may require substantial capital investment and regulatory approvals.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |